'Brilliant car bargains' amid slump
Updated on 14 November 2008
Cash-conscious car buyers are getting the best deals for eight years with average discounts of nearly £2,000.
With the economic downturn biting, some cars are being offered at 45% off the list price, research by What Car? magazine found.
It has also discovered that those prepared to shop around might be able to get as much as £11,500 off a Jaguar XJ which is now being offered for £33,764.
What Car? reckons average discounts are around £1,932, which is £244 more than at the beginning of the year.
The magazine said Ford Fiestas were on sale at 15% off, while consumers could get 10% off a Volkswagen Golf.
New car sales slumped in the UK in the past three months and are set to fall further over the winter period which is a notoriously slow time in the industry even when the economy is rosy.
What Car? editor Steve Fowler said: "Even if you're not comfortable haggling on a price, it should be simple to get a brilliant bargain at the moment.
"With so few people dipping into their pockets, sales staff will be almost begging buyers to make an offer."
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