Modified car insurance customers might save with smaller models

A large proportion of the top ten autos in the UK are small cars, a poll of experts has found.

The used auto specialists responsible for Glass's Guide listed seven small cars among their list of motors most likely to retain their worth, with the Peugeot 107 at the top.

Among the buyer-friendly points made about the car was the fact it holds more than three-fifths (60.9 per cent) of its value after 36 months.

Other top performers in the residual value stakes were the Toyota Aygo and Suzuki Swift - which hold around 60.2 per cent and 59.5 per cent of their value respectively.

Glass's managing editor Adrian Rushmore explained superminis and city cars now make up the majority of the list.

"These results demonstrate that what really makes a difference to consumers - and therefore to residual values - is cost: specifically, purchase cost and running costs," he stated.

Citroen's C1 and BMW's Mini made up the rest of the top five, with the Ferrari F430, Volkswagen Fox, Honda Jazz, Volkswagen Eos and the Ford S-MAX completing the list.

Meanwhile, Glass's suggested earlier this month that the scrappage scheme be extended to avoid a sharp fall in new car sales.

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