Industry News

Volkswagen Polo and Passat scoop inaugural cap hpi used car awards

posted on 03/05/2023
Volkswagen Polo and Passat scoop inaugural cap hpi used car awards

The Volkswagen Polo and Passat are two of the best-value choices for anyone seeking a used car, according to motor industry data specialist cap hpi.

The Polo was named the Best Supermini and the Passat won the Upper-Medium category in the inaugural cap hpi Used Car of the Year Awards. Judges described the Polo as being “way ahead” of its closest volume competitors in terms of year-over-year percentage value movement, while the Passat was labelled one of the top models in the sector, whichever way the data is viewed.

Run in partnership with Fleet News and its sister title AM, the cap hpi award winners were determined by residual value performance linked to new car registration volumes – making sure they reward cars that truly performed the best throughout 2022.

Derren Martin, cap hpi Director of Valuations, said: “The team at cap hpi spend every day analysing live market data to deliver the most accurate vehicle valuations to the market, and we think there’s real value in crunching the numbers to run an annual awards event.

“There were some truly impressive performances and it is great to see the winning cars – that the market data dictates are the best out there – gaining awards.”

Stuart Knott, National Used Car Manager at Volkswagen UK, added: “These data-driven awards cement the Polo and Passat’s reputation for combining reliability, performance and impressive features with superb value for money – factors that are high on everyone’s agenda these days.”

*Article Source http://www.volkswagen.co.uk/

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