Skoda Octavia vRS sees RVs on the up

Andy Picton | 21 May 2019

About the author

Andy Picton

Chief Commercial Vehicle Editor

Having worked previously for Barclays Asset Finance and LeasePlan in the commercial vehicle sector, Andy joined Glass’s in 2002 as part of the Commercial Vehicle team working closely with manufacturers, leasing and insurance companies, traders, dealers and auction houses. He was promoted to Chief Commercial Vehicle Editor in 2016 and manages our industry-leading team of valuation experts. He loves football, music and commercial vehicles.

Skoda Octavia vRS

The Skoda Octavia vRS has increased in popularity over the last few years, with trade residual values for petrol and diesel versions rising in line with demand.

The following chart shows residual values (RV) for the Octavia vRS since 2016 for both petrol and diesel variants.  The chart shows the RV for both petrol and diesel models increasing in this period. Petrol versions are seeing the biggest rise, from 50% in 2016 to 57% this year. The general rise in popularity of petrol cars is supporting this increase. Between 2017 and 2018 diesel RV’s saw a slight decrease but have since recovered.

Skoda Octavia vRS RV percentage 3 year/60k miles graph

The Octavia vRS models are much sportier in design than other models in the range, with the latest generation having a two-litre turbocharged petrol engine developing 242BHP or two-litre turbocharged diesel version with 180BHP.  Although sporty in design, the Octavia vRS is still very practical, coming in saloon and estate body styles whilst offering large boot spaces and rear passenger legroom.  Popular with company car drivers, the diesel version has a 25% benefit in kind rating, favourable compared to other cars in its segment, together with good fuel economy.  

Overall, the Skoda brand continues to increase in popularity, kicked off by joining the Volkswagen Group in 1991. Produced by the Czech manufacturer since 1996, there have been three generations of the Octavia to date, selling approximately five million units in total. Currently around 40% of all new Skoda cars sold in the UK are Octavia, underlining their continued popularity.

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