Diesel car owners are rushing to sell their cars. Here’s why.
Do you own a diesel car? Then this may be the most important article you’ll read all year.
Because it could save your HUNDREDS, or even THOUSANDS of pounds.
Diesel car prices are falling
The value of used diesel cars in the UK is crashing.
In fact, the average value of a used diesel is down 5.7% since the beginning of 2017.
While the average value of a used petrol car is up 5% in the same period.
But that chart doesn’t tell the whole story.
Because some of the UK’s most popular diesel models have seen their resale value drop by as much as 26%
- A Vauxhall Corsa, which was worth £2,160 at the start of the year could now be worth just £1,592.
- An Astra, which was worth £2,949 in January, might now fetch just £2,426.
- And you’ll currently get just £4,766 for an Audi A3 which was valued at £5,373 in January.
|Q1 2017||Q2 2017||Q3 2017||Change Q1-Q3|
Now the really bad news:
This is just the tip of the iceberg.
Diesel prices are expected to plummet further in the final quarter of 2017. And 2018 looks bleak for diesel owners.
So what’s behind the drop?
UK drivers are dumping diesel. FAST.
It’s been a rough couple of years for diesel.
First there was the VW emissions scandal in September 2015…
And this year diesel owners were hit with news of a forthcoming ‘toxin tax’, which could see daily charges of £20+ for driving diesel cars in the UK’s major cities…
Suffice to say, the writing is on the wall for diesel.
And savvy UK motorists have been paying attention.
More and more diesel owners are looking to offload their cars, before their value falls even further.
But of course, more diesel cars on the market + less demand for diesel means…
Prices will continue to tumble.
But now for some good news.
It’s not too late to sell your diesel car (yet).
Make no mistake.
There’s only one way the value of used diesel cars is heading. And that’s down.
In fact, once the full details of the toxin tax are revealed, it’s not an exaggeration to say that used diesel cars could become effectively worthless.
But we’re not quite there yet.
There’s still time to sell your diesel car.
And… if you’re quick you might even get close to the price you would have got at the start of the year.
How diesel car owners can sell their car fast.
The car buying market has grown exponentially in the past few years, and there are now numerous sites who want to buy your car.
Which means that by shopping around, you can compare offers.
Now, I know what you’re thinking:
You don’t have time to spend clicking round a ton of websites and filling in multiple forms.
But guess what? You don’t have to!
Just enter your registration number + mileage and we’ll get to work finding you our best price for your diesel car.