It’s a buyers’ market for diesel cars
Savvy car-purchasers are saving thousands of pounds on new cars as they gain from a drop in demand for diesel powered vehicles.
Reductions are available on 2017 diesels, including the Renault Kadjar, Nissan Qashqai and Ford S-Max. In many cases, the savings are double those offered on petrol motors. Retailers have been axing the price of diesel cars in response to a decline in demand from consumers. Health fears, rumour of tax rises and proposed inner-city levies have all led to motorists dodging diesel and going for petrol cars, and even electric or hybrid vehicles.
The shift from oil-burners means that many diesels are, for the first time, cheaper to buy than a comparable petrol car. And shrewd buyers are forking-out for new pre-registered cars, which have under 100 miles on the odometer, but come with massive savings. These up-to-the-minute cars also conform to the most recent emissions regulations (which were ushered in during September 2015), meaning they are not liable for inner-city diesel fees stated so far.
“Some car-buyers are getting flustered about the costs diesel drivers face, and are moving to petrol cars,” says Perrys’ motoring journalist, Tim Barnes-Clay. “But this state of affairs is an opportunity for motorists who are willing to look beyond the panic stories. There’s no doubt that it’s a buyers’ market for diesels, with over 25 per cent off some models, which adds up to more than £5,000 in some instances.”
Tim added: “Regardless of the concerns over diesel, the latest cars are much less of a problem because they totally meet the terms of the latest emissions rules. This means that they don’t have to face the inner-city surcharges that older ones do. And, as most consumers of cars take out PCP finance, which guarantees the worth of the vehicle at the end of the agreement, there won’t be any unanticipated fees if the value of diesel models continues to decline.”
The biggest reductions tend to come with vehicles that have been pre-registered by car dealers. These are retailed as nearly-new cars with under 100 miles on the clock, so the price-slashing is less apparent, but the savings are even greater.
Earlier this year, research showed that three in five diesel car owners plan to choose another fuel type next time they change their vehicle. The findings came following London’s declaration that drivers of outmoded diesel cars would be billed to drive in the heart of the capital in the latter half of 2017, when the T-Charge is initiated. Other conurbations are likely to establish their own Clean Air Zones that would inflict charging on older diesel cars, and the Treasury has implied that tolls on diesel motors and the fuel are under scrutiny. Car-makers are already seeing the impact of the shift, with lengthy waiting lists for some petrol cars and stocks of unsold diesels.
Diesels Make Sense
“Diesels in general have taken a knock over air quality fears and planned additional charges, but the hype has made the latest diesel cars a surprisingly appealing buy,” says Tim Barnes-Clay. “If you’re in the marketplace for a larger car, or you do a lot of miles each year, then an economical diesel vehicle makes a lot of sense. There are lots of new and pre-registered motors that are in stock and ready for delivery, with vast discounts. I don’t envisage to see the demise of diesel at any time soon.”