Picanto News: Picanto Sets New Second Hand Residuals

The cheeky little Picanto has been the envy of the segment for residual values for some time, turning rival models from Ford and Vauxhall green in the process. But now the Picanto is performing better than ever and is holding 62 per cent of its value after three years.

The impressive Kia Picanto residual values have been published in the used car industry ‘bible’ CAP, which rates and values vehicles on their resale performance.

Aside from good purchase value, high equipment levels and competitive customer service, the latest independent data shows Picanto vehicles have some of the best residual values in the industry.

Paul Philpott, Managing Director of Kia Motors (UK) Ltd, said: “It’s increasingly more obvious that Kia product isn’t just about being good value as an initial purchase, the product is also a key performer when it comes to selling-on. Kia customers are benefiting from a growing brand and one which has been seen as reliable and good value for money. Now it is increasingly seen as a sought after brand. It’s not just about buying effectively, it is selling effectively too and we’re attracting more customers as a result.”