Good news about insurance rating for all-new Ford Fiesta

Ford’s high-tech all-new Fiesta will appear in car showrooms in October with insurance groups the same or lower than the outgoing model.

Data provider Cap has set the new vehicle’s residual value with an average rise of just 7.9 per cent.

Even though it boasts more power, lower emissions and a host of big-car features, the revamped Fiesta will enter the small car market costing £155 less than the equivalent previous generation entry model.

The new typical residual value increase is £1,000. For Zetec 1.4-litre TDCi this figure is even lower (£700) while for the Titanium 1.6-litre petrol it is £1,175.

Savings on insurance could be as high as £40 with three models retaining the same insurance group and all others lowering theirs: the 1.6 TDCi Zetec, for instance, drops from 6E to 4E.

A delighted Ford of Britain’s marketing director, Mark Ovenden, predicted: "The all-new Fiesta is set to take Britain by storm.

"Already, customers are excited about the technology, style and economy they are going to get from this great new car. The package now looks more attractive with this news on residual value and competitive insurance."

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