Which car has the best residual value? A MINI

The MINI has the lowest depreciation of any car in the UK When it comes to buying a car, many of us decide how much we can afford to spend and then go and look for a car that fits our budget. But what we should really be looking at is how the car we want will be worth in the future – its residual value. Because the residual value of your car is often where the biggest costs lies, and it has a major impact on monthly payments if you decide to acquire your nice new car on a contract hire or leasing deal.

Koenigsegg teases Agera One:1 hypercar with 1,340hp

Koenigsegg has released the first official image of its new Agera One:1 hypercar, set to make its world debut at the 2014 Geneva Motor Show next month. Based on the Swedish firm’s Agera R model, the One:1 concept produces a whopping 1,340hp and weighs 1,340kg, meaning the car has a power-to-weight ratio of 1,000hp per tonne. That’s a lot.

Dodge Journey to become Fiat Freemont

Dodge Journey is getting rebadged as the Fiat Freemont for Europe You might as well get used to this. Cross-pollination and re-badging between Chrysler and Fiat is going to move on apace in 2011 and this is just the start, with the recently re-fettled Dodge Journey being tweaked and re-badged for Europe as the Fiat Freemont. Sergio Marchionne sees the Journey doing much better in Europe badged as a Fiat, and he’s probably right.