Is your car your pride and joy, or are you ready for a change? Let us know and you could win a £300 John Lewis voucher | No thanks

New Alfa Romeo 'expected to retain most value'

Mon, 09 Feb 2009
Motorists who are concerned with the resale value of a vehicle when buying a car may be impressed by the latest addition to Alfa Romeo's range.

According to the manufacturer, statistics from industry expert Cap have revealed the Alfa MiTo is expected to retain more of its original price tag after 10,000 miles and one year than any other model in the UK.

Owners selling the 1.3 JTDM after this period of time have been advised they can expect to receive 81 per cent of what they paid when the car was brand new.

This is five per cent more than its nearest competitor from Mini.

Used vehicle remarketing manager Simon Wheeler said: "This is significant testimony to the exceptional attention to detail Alfa Romeo has applied to this car in terms of design, build quality, reliability, running costs and desirability."

The vehicle's safety credentials may also impress buyers after it recently secured the maximum five-star rating from Euro Ncap.

Are you buying or selling a car? Click here to find out what Honest John has to say.


Add a comment


Ask Honest John

Value my car

Amount to borrow
Sorry. The minimum loan amount is £1000
To pay back over

My credit score

Best available rate 9.20%

Total repayment £8,930.17

Total cost of credit £1,430.17


48 monthly payments

Apply now

Representative example

Borrowing £7,500 over 4 years with a representative APR of 25.4%, an annual interest rate of 25.4% (Fixed) and a deposit of £0.00, the amount payable would be £239.77 per month, with a total cost of credit of £4,008.96 and a total amount payable of £11,508.96.

CarFinance 247 Limited is acting as an independent credit broker

Universal Square, Devonshire Street North, Manchester, M12 6JH