NEXT GENERATION COLT - WORTH MORE THAN A FERRARI!

Mitsubishi Motors’ next generation Colt is winning friends wherever it goes. Both the 3- and 5-door models have been designed to bring even more style, practicality and performance to this fiercely competitive supermini sector.

Confidence in this good value, well-specified and reliable supermini has been reflected in its forecast residual values. Best-in-class, the new Mitsubishi Colt beats some notable rivals such as the Mazda2, new Ford Fiesta, Toyota Yaris and Vauxhall Corsa.

The latest figures show that the CZ1 and CZ2 3-door variants have a predicted residual value of 75% of their new value after 12-months / 10,000 miles and 41% after 3-years / 60,000 miles.[1] The 5-door has proven it’s no slouch either with 74% and 40% residual values predicted over the same 1-year and 3-year periods.

Outside its more ‘traditional’ competition the new-look Colt beats the Ferrari 430 Coupe, Jaguar XF Luxury Saloon and Maserati Quattroporte – retaining up to 22% more of its new value.

The previous generation Colt’s sales success was built on a responsible sales strategy that refused to cave-in to distress selling or big discount fleet and retail deals. In 2007 a healthy 8,698 new Colts were sold, proving that stock management is key to alleviating stress on used market values.

Lance Bradley, Mitsubishi’s Director of Sales and Marketing said: “We are really pleased with these residual values. They underline the strong value of this car both as a new-car proposition and as a used car for the future. It’s also a great reward for the way we have responsibly sold the Colt since its relaunch in mid-2004. Beating a Ferrari, Maserati and Jaguar is, of course, a bit of fun but the serious message is that we are top of the pile with all our main competition in the B-segment”.

Starting at just £7,749[2], the next generation Colt is on sale now with Mitsubishi dealers across the UK. A new 150bhp ‘hot hatch’ Ralliart version is due in the UK early next year promptly followed by a range of low CO2 emission variants, badged ‘ClearTec’, with emission levels starting at 115gkm as announced at the Paris Show.

MODEL	DERIVATIVE	COST NEW	1 YR/10 K MLS	%
NEW COLT	CZ2 3 DOOR	£8,749	£6,600	75%
NEW COLT	CZ1 3 DOOR	£7,749	£5,850	75%
NEW COLT	CZ2 5 DOOR	£9,249	£6,850	74%
NEW COLT	CZ1 5 DOOR	£8,249	£6,850	74%
FERRARI	430 COUPE	£172,150	£127,400	74%
JAGUAR	XF SALOON LUXURY	£33,445	£24,125	72%
MAZDA 2	TS 3 DOOR	£7,924	£5,625	71%
MAZDA 2	TS 5 DOOR	£8,284	£5,950	71%
NEW FIESTA	STUDIO 3 DOOR	£8,520	£5,875	69%
NEW FIESTA	STYLE 3 DOOR	£9,120	£6,250	69%
NEW FIESTA	STYLE 5 DOOR	£9,720	£6,500	67%
YARIS	1.0 VVTI T2 3 DOOR	£8,910	£5,200	58%
YARIS	1.0 VVTI T2 5 DOOR	£9,410	£5,475	58%
CORSA	1.2 CLUB 3 DOOR	£9,900	£5,625	57%
CORSA	1.0 LIFE 3 DOOR	£8,995	£5,025	56%
YARIS	1.3 VVTI T3 3 DOOR	£10,630	£5,875	55%
YARIS	1.3 VVTI T3 5 DOOR	£11,130	£6,150	55%
CORSA	1.2 CLUB 5 DOOR	£10,625	£5,850	55%
CORSA	1.0 LIFE 5 DOOR	£9,720	£5,250	54%
MASERATI	QUATTROPORTE	£76,760	£39,800	52%

MODEL	DERIVATIVE	COST NEW	3 YRS/60K MLS	%
FERRARI	430 COUPE	£172,150	£74,925	44%
NEW COLT	CZ2 3 DOOR	£8,749	£3,575	41%
NEW COLT	CZ1 3 DOOR	£7,749	£3,150	41%
NEW COLT	CZ2 5 DOOR	£9,249	£3,700	40%
NEW COLT	CZ1 5 DOOR	£8,249	£3,700	40%
JAGUAR	XF SALOON LUXURY	£33,445	£13,125	39%
MAZDA 2	TS 3 DOOR	£7,924	£3,100	39%
MAZDA 2	TS 5 DOOR	£8,284	£3,275	39%
NEW FIESTA	STUDIO 3 DOOR	£8,520	£3,225	38%
NEW FIESTA	STYLE 3 DOOR	£9,120	£3,425	38%
NEW FIESTA	STYLE 5 DOOR	£9,720	£3,550	37%
YARIS	1.0 VVTI T2 3 DOOR	£8,910	£2,950	33%
YARIS	1.0 VVTI T2 5 DOOR	£9,410	£3,100	33%
CORSA	1.2 CLUB 3 DOOR	£9,900	£3,075	31%
CORSA	1.0 LIFE 3 DOOR	£8,995	£2,750	31%
YARIS	1.3 VVTI T3 3 DOOR	£10,630	£3,325	31%
YARIS	1.3 VVTI T3 5 DOOR	£11,130	£3,500	31%
CORSA	1.2 CLUB 5 DOOR	£10,625	£3,200	30%
CORSA	1.0 LIFE 5 DOOR	£9,720	£2,875	30%
MASERATI	QUATTROPORTE	£76,760	£22,350	29%

For further information please contact the Mitsubishi Press Office on 01285 647200

Andy Wertheim, General Manager Press & Public Affairs a.wertheim@mitsubishi-cars.co.uk

Nic Reglar, Press Officer, Product Affairs & Events n.reglar@mitsubishi-cars.co.uk

Other Mitsubishi press releases and pictures can be found on www.mitsubishipress.co.uk

[2] The List Price includes VAT and the cost of delivery to the dealer's premises, but excludes Government Road Fund Licence and First Registration Fee.