THE LAST model of Britain’s favourite car is set to roll off the production line today – marking the end of the era.
But Britain’s most bought car of all time will still be worth a large sum in the long run for those looking to sell their beloved Ford Fiesta.
FordThe Fiesta was Britain’s most bought car of all time[/caption]
AlamyMillions of the cars have been produced since the model’s inception[/caption]
The beloved car was produced for over 47 years, having first arrived in the UK in 1976.
It topped Britain’s annual sale charts 16 times, and has been hailed as Britain’s favourite vehicle.
Over 4.8million models were sold in the UK – globally, 22million have been sold.
The sporty ST models in particular are set to become classics, as they’ll increase in rarity in the coming years.
And only days after Ford announced they would end production of the Fiesta in 2023, searches for the car rose by 37 percent on Cinch.
Following the discontinuation, the average price of used versions of the car have already increased on second hand sites – from £10,049 to £11,505.
And some second-hand models of the beloved vehicle were sold for as much as £17,000 before the announcement of the discontinuation.
The modern classic isn’t expected to disappear from roads anytime soon – car blogs and experts galore continue to praise the model.
James Hind, CEO of Cinch, said: “Given the fact people are still searching for it on our platform – and with no signs of demand from consumers slowing down – it’ll remain popular in the used car market for some time to come.”
Alex Buttle, co-founder of website Motorway, said high demand for the Ford Fiesta is expected to continue.
He explained: “It’s a testament to the popularity of this timeless model.
“The ceasing of production of new Ford Fiestas may mean the end of an era, but the used-car market will continue breathing life into this much sought-after car for years ahead.”
Martin Sander, GM at Ford Model e Europe, said: “Today, as the last Ford Fiesta rolls off the production line in Cologne, it is understandably an emotional moment for a fantastic team who have built these vehicles over the so many decades for millions of fans around the world.
“When I talked to some of them in the body assembly area yesterday, you could feel it.
“They all, the whole Fiesta team, deserve a huge thank you for writing such an important chapter of the Ford history!”
GettyThe sporty hatchback is a beloved car[/caption]
LinkedinWorkers on the assembly line said goodbye to the car today[/caption]
AlamyThe car rolled off production lines beginning in 1976[/caption]
AlamyMillions of the vehicles are on Britain’s roads[/caption] Read More