Emmox Ltd’s Carcost system, the car cost analyser, has indicated that the new Škoda Octavia will be the cheapest model to run among its immediate competitors.

The Octavia 1.9TDI PD Ambiente, retailing at £13,800 on-the-road, will cost 29.16 pence per mile, based on a three years and 60,000 mile lifecycle. Moving up to the top diesel Octavia, the 2.0 TDI PD Elegance, the cost per mile is 34.06 pence, again the lowest in its market sector.

Glass’s Guide places the Octavia 1.9 TDI PD highest – 38% - against upper medium competitors such as Vectra 2.0 TDI and Peugeot 407 1.6 HDI in relation to whole life costs.

Emmox Carcost is also forecasting residual values of between 40.68% for the Octavia Classic 1.6 MPI and 44.07% for the Classic 1.9 TDI PD.