LONDON – The Ford Mustang not only is the top-selling sports car in the U.K. but also enjoys the lowest value depreciation in its class, a study indicates.
Cap Hpi, an industry residual-values analyst, claims the muscle car holds on to 99.5% of its new-ticket price within a 1-year threshold.
The Mustang is followed by the Porsche Cayman, retaining 96.5% of its new-vehicle price, followed by the Lotus Elise (93.4%) and Nissan GT-R (89.9%).
“The new Ford Mustang met with positive reviews in the media and is proving a hit for the brand,” says Clive Wilson, editor at Cap Hpi’s Black Book, which provides used-car valuations. “The majority of buyers are picking the V-8 for the authentic muscle-car experience, while the EcoBoost engine accounts for around 30% of sales.
“Depreciation is often the hidden cost of motoring,” Wilson says. “But for anyone looking for a good value sports car, the Ford Mustang provides a savvy new and used purchase.”
Ford recently announced the Mustang is the U.K.’s most popular high-performance sports coupe, ahead of competitors from Porsche, BMW, Jaguar and Mercedes. Figures for sports cars with 250 hp or more put the Mustang at the front of the pack from January to July 2016.
Since Ford started taking orders in January 2015, the Mustang has topped 4,000 U.K. sales to date, with 2016 registrations at 2,317, so far. This puts the Mustang comfortably at the top of the table against rivals, the closest being the Jaguar F-Type with 1,446.
Total customer orders for the Ford Mustang in Europe now stand at more than 19,500 since the car was launched in third-quarter 2015.
