Wednesday 21 August 2019

CorkHi14°| Lo

Cork Independent


Does Skoda have the best residual value in the country?

Thursday, 31st January, 2019 8:33am

Skoda Ireland, as well it might, has welcomed a motor industry report, which placed the Skoda Octavia in pole position, for holding the strongest retention value in the Irish used-car market.

This is the second year in a row that the Skoda Octavia has achieved this accolade.

With an average depreciation of just 22 per cent over the three years since 2015, the Skoda Octavia took the number-one spot, ahead of the Volkswagen Golf (27 per cent), the Ford Focus (36 per cent), the Audi A4 (52 per cent).

Commenting on the report, Cathal Kealey, PR Manager at Skoda Ireland, said: “Since 2015, the Skoda Octavia has been consistently one of Irelands top five selling vehicles. It offers unrivalled value for money and like every model in our range, it’s built to last. Since 2015, we have also seen major growth in our Skoda Approved Used Car Programme which ensures our pre-owned Skoda models undergo a series of stringent checks by our technicians before re-sale.

“This programme also includes twelve month roadside assist and a twelve month warranty while service plans are also very popular among our used car buyers. All of these measures ensure that our used cars are maintained to the highest standard and will last the test of time. Whilst we are delighted to see the results of this report, due to the quality of our used cars, it comes as no surprise that the Skoda Octavia is ranked number-one.

“The Skoda brand continues to go from strength-to-strength in Ireland. In 2018, we recorded a record market share of 7.3 per cent with 9,126 new vehicle sales. We have solidified our sixth position in the sales rankings and have now set our sights on a top five finish in 2019.”

He added that “in order to achieve this, we will continue to offer our customers the best value in the market with the Octavia now available from zero per cent PCP finance and with a €1,000 deposit contribution; the model will certainly play a strong role on our journey to further growth.”

In a year when overall car sales are down almost five per cent, Skoda managed to grow its sales volume by over one per cent. Despite the growing trend towards SUVs, the brand’s best-selling model was the Octavia, with almost 3,400 units sold.

ePaper Service

Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8
Desktop, Tablet & Smartphone friendly
Cookies on Cork Independent website
We use cookies to ensure that we give you the best experience on our website. We also use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on the Cork Independent website. However, if you would like to, you can change your cookie settings at any time by amending your browser settings.
How does Cork Independent use cookies?
Cookies enable us to identify your device, or you when you have logged in. We use cookies that are strictly necessary to enable you to move around the site or to provide certain basic features. We use cookies to enhance the functionality of the website by storing your preferences, for example. We also use cookies to help us to improve the performance of our website to provide you with a better user experience.
We don't sell the information collected by cookies, nor do we disclose the information to third parties, except where required by law (for example to government bodies and law enforcement agencies).
Hide Message