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NEW RANGE ROVER EVOQUE ACHIEVES CLASS-LEADING RESIDUAL VALUES

  • New Range Rover Evoque achieves best residual values in its segment, according to independent experts cap hpi
  • After three years/ 36,000 miles Evoque is expected to retain 63% of its value on average. The best performing model in the range will retain 67%
  • Featuring cutting-edge Ingenium engines and Land Rover’s first 48V mild hybrid system, the Evoque is capable of 52.3mpg, with CO2 of 143g/km under NEDCeq
  • Pricing is from £31,600, or £245 per month (Evoque D150 FWD)

Whitley, UK, Thursday 21st February 2019. The new Range Rover Evoque will retain its value better than any other car in its class according to leading industry body, cap hpi. Leading residual values coupled with efficient engines, generous equipment lists and long scheduled service intervals, mean that the new Evoque will cost owners less per month than almost all of its competitors.

According to cap hpi, the new Range Rover Evoque will retain an average of 63% of its value across the range after three years/ 36,000 miles. Buyers opting for the Evoque R-Dynamic S P250 model will see 67.4% of their vehicle’s value returned after the same period, making it one of the least depreciating cars on sale today.

Such strong residual values across the range mean great value finance offers for buyers, including offers from £371 per month for high-spec D180 AWD ‘S’ models (see table below), or £245 per month for the Evoque D150 FWD. Built on a new Premium Transverse Architecture and fitted with the latest technology, the new Evoque is the ultimate reinvention of Land Rover’s compact luxury icon.

Jaguar Land Rover UK Managing Director, Rawdon Glover said“The new Range Rover Evoque is an improvement on Land Rover’s biggest selling model in the UK every way; it’s more refined, with relevant and clever technology, features our cleanest petrol and diesel engines ever, and achieves lower running costs.

“All of that means that not only is it incredibly desirable, but it’s also a very logical choice for buyers too. With these class-leading residual values, new mild hybrid powertrains and excellent finance offers, buyers could be saving hundreds of pounds a month when compared with competitor models.”

From the entry level 2.0-litre, D150 derivatives through to the 2.0-litre P250 ‘First Edition’, the new Range Rover Evoque allows customers investment flexibility between the deposits and the monthly payment. Specification adds value not just cost thanks to desirability and, therefore, better residual values of higher specification trims and engine choices.

Example finance illustrations based on a 37 Month PCP, 10,000 miles per annum, 6.9% APR:

D150 FWD

From £31,600 OTR

D180 AWD ‘S’ Spec

from £39,000 OTR

D180 AWD ‘
R-Dynamic S’ Spec

from £40,500 OTR

D180 AWD ‘SE’ Spec

from £42,500 OTR

D180 AWD
‘R-Dynamic SE’ Spec

from £44,000 OTR

Customer deposit
£4,120

Monthly payment
£349

Customer deposit
£6,600

Monthly payment
£399

Customer deposit
£6,900

Monthly payment
£409

Customer deposit
£7,850

Monthly payment
£439

Customer deposit
£8,150

Monthly payment
£449

Customer deposit
£7,500

Monthly payment
£245

Customer deposit
£7,500

Monthly payment
£371

Customer deposit
£7,500

Monthly payment
£390

Customer deposit
£7,500

Monthly payment
£449

Customer deposit
£7,500

Monthly payment
£468

For Fleet and Business customers the strong residual values hugely benefit the whole-life cost of a new Range Rover Evoque and coupled with the improved service, maintenance and repair costs associated with the new Ingenium engine, it further adds to the appeal of Land Rover’s newest premium compact SUV icon.

The new Evoque was unveiled in London’s creative East End in November, and is available to order now. Deliveries will begin the spring in the UK priced from £31,600 on the road.