Used diesel car market 2019 and into next year
Used diesel car market 2019 and into next year
Author
Discussion

motorbreath

Original Poster:

613 posts

203 months

Friday 18th January 2019
quotequote all
Hi all, I'm currently looking for my next purchase after selling the Disco 3 TDV6 2005.

I couldn't help but notice a few changes to used diesel cars during 2019... that got me thinking where will the used diesel market be in a years time? Mainly from a tax hike and fall in depreciation point of view...

Firstly come April the wonderful budget will see a fair hike in both petrol and diesel vehicles VED's ...

https://www.carmagazine.co.uk/car-news/motoring-is...

Along with this 2019 see's the capital and potentially other cities introducing quite high tariffs for cars to enter city centres.

Do you think this will have a detrimental impact on second hand diesel car prices??

If so do I sit tight for a year and grab a nice bargain;

Or go back to Petrol which may hold it's value over the next 2 - 3 years? (I'm not talking big bucks here circa 8k mark)...

Ta very much :-)



Edited by motorbreath on Friday 18th January 20:09

av185

20,464 posts

148 months

Friday 18th January 2019
quotequote all
Falling registration numbers of new cars in general terms is increasing used residuals especially diesels under 4 years old.

Trade values rose from October into November for this very reason when they usually crash approaching the winter lull.

But now or pay more for the same used car later.

motorbreath

Original Poster:

613 posts

203 months

Friday 18th January 2019
quotequote all
Thanks AV - that's an interesting perspective..

TBH I'd rather have a diesel so the more pro's the better biggrin

ZX10R NIN

29,863 posts

146 months

Friday 18th January 2019
quotequote all
The VED changes apply to new vehicles used vehicles rates will stay as they are, the used market for diesels will stay pretty strong as the overall sales drop of all vehicles means the residuals will be a little better than usual.

Pica-Pica

15,844 posts

105 months

Friday 18th January 2019
quotequote all
Try, here rather than magazine info.

https://www.gov.uk/vehicle-tax-rate-tables

motorbreath

Original Poster:

613 posts

203 months

Friday 18th January 2019
quotequote all
Good shout re' gov website, slightly more legitimate...

Lester H

3,896 posts

126 months

Saturday 19th January 2019
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ZX10R NIN said:
The VED changes apply to new vehicles used vehicles rates will stay as they are, the used market for diesels will stay pretty strong as the overall sales drop of all vehicles means the residuals will be a little better than usual.
Absolutely spot on. Cash conscious punters for 3 year old cars (ex lease, ex courtesy ex prmemium hire ex demo (up to (1 year) call ‘em what you will, old ladies are not driving Insignisas to church. Average punter doesn’t give a stuff about the Earth, even if this daftness were true, he wants to get cheaply from Ato B in something a bit pleasing.Electric revolu5ion some way off as 1) lack or infrastructure 2) Silly money for humdrum little cars. Cliched ,response to inflated used prics is not to buy

Edited by Lester H on Saturday 19th January 20:54