New cars discounted up to 20%
- 18 August 2021
- Posted by: Alan Feldberg
- Category: News
Car buyers can save up to 20% on new cars ahead of the September plate change.
According to new car buying platform What Car? the average cash discount on a new car is at 6.4% or £2,694, with some manufacturers discounting new models by up to 20%.
Diesel cars offer the highest average cash savings, with models offered on average with a 7.2% discount, followed by petrol models with a 6.6% average discount. Fully electric vehicles are on average discounted by 3.1%, though plug-in hybrids have a higher 6.3% average discount.
Steve Huntingford, editor, What Car?, said: “The new car market has been impacted by microchip shortages, which has stretched lead times on some new cars. While average discounts have fallen from a high of 7.2% in the beginning of the year to 6.4%, there are still some fantastic new car offers to be found for buyers who are willing to shop around.
“The discounts on offer, combined with pent-up demand in the market is hopefully setting up the industry for a more positive end of year.”