AUDI A3 HONOURED
AS CAP EXECUTIVE USED CAR OF THE DECADE
Prestigious award
from leading vehicle valuation body for the pioneer that brought premium sector
values to the compact class
- Leading vehicle
valuation data provider CAP crowns Audi A3 ‘Executive Used Car of the Decade’
- Award
recognises the importance of the A3 as the catalyst for change within the
compact hatchback class through the instigation of quality standards and
values traditionally reserved for larger premium models
Highly regarded vehicle
valuation specialist CAP has named the Audi A3 ‘Executive Used Car of the
Decade’ in its Used Car Awards, acknowledging the major contribution made by the
pioneering three and five-door hatchback in distilling the premium sector values
traditionally reserved for larger prestige cars and introducing them into the
compact class.
CAP supplies residual
value data to leading finance institutions, contract hire and leasing companies,
vehicle retail groups and insurers. In its citation for the award, Mark Norman
of CAP describes the A3 as a ‘true benchmark vehicle’ and a ‘genuine pioneer’
which ‘effectively invented the concept of the small car in prestige guise’. He
went on to say that the 2003-2008 A3 ‘has brought the prospect of the highest
engineering and build quality standards to those who would previously have ruled
out choosing a prestige brand on the grounds that it would mean running a larger
car than they needed.’ He summed up the rationale for the award by saying that
the A3 is ‘never the cheapest used car purchase, but the benefits of low
depreciation are certainly realised when trade-in time arrives.’
The latest generation Audi
A3 is available in three-door, five-door Sportback and Cabriolet body styles
with a choice of eight direct injection FSI and TDI engines, the diesel range
containing the most economical and efficient unit in the premium sector in the
new 1.6 TDI with combined fuel economy of 68.9mpg and CO2 output of
just 109g/km. According to CAP, the A3 2.0 TDI retains 43 per cent of its value
over 3 years or 60,000 miles (November 2009 figure), a higher proportion than
any other comparable premium sector compact hatchback. Prices for the A3 line-up
range from £15,770 OTR to £29,300 OTR. December, 2009
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