Mazda3 delivers RV and company car tax benefits

March 03, 2014
  • Strong residual values influence compelling Mazda3 whole life costs
  • Mazda3 has lowest depreciation among key lower medium models
  • Low CO2 emissions deliver benefit-in-kind tax appeal

Strong residual values, coupled with lowest average depreciation and 2014/15 company car benefit-in-kind tax bills lower than a host of rivals are set to make the Mazda3 the prudent financial choice for fleet managers and drivers alike.

The latest data from vehicle valuation experts CAP Automotive reveals that the all-new SKYACTIV Mazda3 range tops the tables and beats numerous lower medium sector rivals in terms of average forecasted pound note depreciation including the Ford Focus, Honda Civic, Peugeot 308, Renault Megane, Toyota Auris, Vauxhall Astra and Volkswagen Golf.

Meanwhile, company car drivers seeking to cut their benefit-in-kind tax bills can make significant savings by choosing the Mazda3 ahead of many more expensive rivals that almost without exception have higher CO2 emissions including the Audi A3, BMW 1 Series, Ford Focus, Honda Civic, Hyundai i30, Toyota Auris, Vauxhall Astra and Volkswagen Golf.

The Mazda3 range has one of the highest average residual values with an average three years/60,000-mile residual value of 37 per cent, which is only three percentage points behind the more expensive Volkswagen Golf (40 per cent) and 11 percentage points ahead of the Renault Megane (26 per cent), according to January 2014 data from CAP Automotive.

Furthermore, in terms of forecast average range depreciation the Mazda3 leads the class at £12,618 over the fleet benchmark period of three-years/60,000 miles with £14,263 for the more expensive Volkswagen Golf.

The average depreciation saving for fleets choosing the Mazda3 versus a range of rivals over three years/60,000 miles is significant and up to a staggering £2,727 (see chart below).

The residual value and benefit-in-kind tax strengths of the Mazda3 are expected to further increase Mazda fleet sales, which as the company’s 2013/14 financial year draws to a close are around 85 per cent up versus 2012/13 figures.

Design desirability featuring sporty looks coupled with the key ingredients of low CO2 emissions, excellent fuel economy and competitive pricing, are anticipated to make the Mazda3 a fleet winner thus adding to the marque’s corporate success alongside the fleet favourite Mazda6 and compact SUV Mazda CX-5, both featuring breakthrough SKYACTIV technology.

Indeed, low CO2 emissions starting at just 104g/km from the SKYACTIV-D diesel 2.2-litre 150ps engine line-up and from only 119g/km for the SKYACTIV-G petrol engine range delivering power outputs of 1.5-litre 100ps, 2.0-litre 120ps and 2.0-litre 165ps also deliver financial savings to employers in terms of Class 1A National Insurance paid on employee benefits-in-kind and first year £0 Vehicle Excise Duty on virtually every model in the range.

Benefit-in-kind tax in 2014/15 for the petrol engine range of five-door Hatchback and four-door Fastback models starts at just £42 a month if a basic rate taxpayer (20%) or £85 at the higher rate (40%) on the entry-level Mazda3 Hatchback 100ps SE (119gkm) model. Similarly, on the diesel engine range it starts at only £48/£96 for the Mazda3 Fastback 150ps SE (104g/km).

The Mazda3 is the third car in the marque’s line-up to benefit from SKYACTIV technology and the 36-strong model line-up offers precision handling, exceptionally generous interior cabin space, and sporty design to give standout appeal both on the road and in the company car park.

Mazda Head of Fleet Steve Tomlinson said: “Mazda3 delivers fantastic value to fleet managers in terms of cost reduction, which is a key contributor to all-important whole life cost figures on which many businesses base their company car choice lists.

“Meanwhile, all company car drivers are looking to reduce their tax bills and free up cash to meet other expenditure. The Mazda3 delivers class-leading CO2 emissions with no compromise on performance giving a real alternative to the traditional in both the C and C/D segments.”

On-the-road (OTR) prices start at £16,695 for the Mazda3 1.5-litre SKYACTIV-G 100ps SE Hatchback and extend to £23,345 for the Mazda3 2.2-litre SKYACTIV-D 150ps Sport Nav Auto Hatchback. Meanwhile, OTR prices for the Mazda3 Fastback featuring the emission-busting 2.2-litre SKYACTIV-D 150ps (104g/km) engine start at £19,245 for the SE derivative and extend to £22,145 for the Sport Nav variant.

How the Mazda3 saves fleets cash in the depreciation stakes

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The MPG figures quoted are sourced from official EU-regulated test results obtained through laboratory testing. These are provided for comparability purposes only and may not reflect your actual driving results.