THE FINAL model of Britain’s most popular car is set to roll off the assembly line today – marking the end of the era.
But Britain’s best-selling car of all time will still be worth a hefty sum in the long run for those looking to sell their beloved Ford Fiesta.
The popular car was in production for over 47 years and first came to the UK in 1976.
It topped the annual UK sales chart 16 times and was hailed as Britain’s favorite vehicle.
Over 4.8 million models have been sold in the UK – 22 million have been sold worldwide.
The sporty STIn particular, they are likely to become classics as they become increasingly rare in the coming years.
And just days after Ford announced it would end production of the Fiesta in 2023, searches for the car on Cinch jumped 37 percent.
After the cessation, the average price for used car versions on used car sites has already increased – from £10,049 to £11,505.
And some pre-owned models of the popular vehicle were selling for as much as £17,000 ahead of the discontinuation announcement.
The modern classic is not expected to disappear from the streets anytime soon – numerous autoblogs and pundits continue to praise the model.
James Hind, CEO of Cinch said: “Given that people are still searching for it on our platform – and there is no sign of consumer demand abating – it will 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 stated, “It’s a testament to the popularity of this timeless model.”
“The cessation of production of new Ford Fiestas could mark the end of an era, but the used car market will breathe life into this coveted car for many years to come.”
Martin Sander, GM at Ford Model e Europe, said: “With the last Ford Fiesta rolling off the assembly line in Cologne today, it’s understandably an emotional moment for a fantastic team that has built millions of these vehicles over so many decades.” fans around the world.
“When I spoke to some of them in the body assembly area yesterday, you could feel it.
“All of you, the entire Fiesta team, deserve a big thank you for writing such an important chapter of Ford.”!”