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Residual value is the term used to describe how much a car is worth after several years; the higher the figure, the more the car is worth used.
The analysis looked at hybrid and plug-in hybrid vehicles (PHEVs) at the age of one year old or with 10,000 miles on the clock.
At the top of the table was the Toyota C-HR which retained 84.5% of its value after a year and lost around £4,000. The Lexus NX comes a close second, holding 79.5% of its value over the same period.
The Toyota Prius, Suzuki Ignis, Toyota Rav4, Kia Niro and Hyundai Ioniq also made the list with industry-leading levels of low depreciation.
Commenting on the study, Chris Plumb editor from hpi said: “While hybrids have grown in volume in recent years, they still remain relatively scarce in the used market compared to the traditional fuel types. As plug in hybrid vehicles have not been widely adopted by fleets in any volumes, supply reaching the markets is patchy and demand exceeds supply. Buyers should avoid high mileage and poor condition examples as they are a turn-off to second hand buyers. Finally always make sure you pick a vehicle with a full service history.”
Below, Trusted Dealers takes a look at the top five best hybrids according to hpi.
Toyota C-HR (2016-)
The Toyota C-HR is roughly the same size as some of its key rivals such as the Nissan Qashqai and the Seat Ateca, although it’s not as spacious in the back due to the sleek roofline. Furthermore, it costs more to buy than its rivals, but based on the residual values calculated by hpi, you could make that money back if you were planning on keeping the car for a few more years. On another positive note, if you’re a company car driver the Hybrid version will keep your tax bills low and even the entry level model comes with a high level of spec as standard.
Lexus NX (2014-2017)
The Lexus NX is rival to popular SUVs such as the Audi Q5, BMW X3 and the Range Rover Evoque, so it already has it work cut out to persuade buyers in a crowded market that this model is the right choice for them. Designed to build on the success of its older brother the RX and the CT200h hatchback, the NX hybrid mixes an electric motor with a 2.5-litre petrol engine and a CVT auto-transmission. Entry level models are front-wheel drive only while the rest of the line up is four-wheel drive. Thanks to low CO2 emissions beginning at just 116g/km, the NX is a company car hit, emitting less than almost all other large SUVs.
Toyota Prius+ (2015-)
Built to rival the likes of the Seat Alhambra and the Citroen Grand C4 Picasso, the Toyota Prius+ was the world’s first hybrid seven-seater MPV. The latest model launched in 2017 has been given a significant facelift in terms of design, but still offers the same hybrid drivetrain as before with two trim levels entitled Icon and Excel, as well as a new top-spec version called Excel Plus. If you’re a company car owner, the low emissions of just 96g/km of CO2 will be more attractive in comparison to rivals, but the Prius + does come at a price and could prove too expensive with a starting price of £26,995. Furthermore, the Citroen and Seat are better seven-seat models to drive on longer journeys and offer more for the money.
Suzuki Ignis (2017-)
The Suzuki Ignis is a popular city car with attractive crossover-style looks and a distinctive character. Despite its unique looks which won’t appeal to all, you can’t ignore the fact you’ll not find a city car with as much gumption at such a low price. The Ignis offers tonnes of equipment and despite its small dimensions its surprisingly versatile and spacious. Behind the wheel the steering is light and agile and the ignis feels nice and nippy about town. Yes, it lacks the class of rivals such as the Skoda Citigo and the VW Up! with cheaper trim, but this super-frugal hybrid is excellent value for the money you’ll save.
Toyota RAV4 (2015-)
The Toyota RAV4 is highly popular mid-sized SUV, competing against rivals such as the Mazda CX-5, the Ford Kuga and the Honda CR-V. Also available in diesel and petrol versions, the hybrid has the edge as it not only saves you money at the pump, it comes with all the same features as its siblings. It comes with the choice of front-wheel drive or four-wheel drive and an automatic or manual gearbox depending on the engine you choose. Its more expensive than some rivals such as the Mazda CX-5 and the Nissan Qashqai, but its reputation ensures it retains its residual value well and finance offers are competitive.