Best and worst car brands for discounts in 2019 – Who offers the highest monetary discount
Buying a new car is one of the biggest purchases you will have in your lifetime. While the majority of motorists now buy a car on finance such as PCP, there is still a portion of drivers forking out for a motor outright. As cars get more complex, with new technology and features, they are also becoming more expensive. All these factors are also exacerbated due to the fact that cars depreciate massively the second they leave the dealership forecourt. Drivers, therefore, need to be savvy when buying a new car to ensure they are getting the best possible deal.
The brands offering the biggest and smallest new car discounts have been revealed in market intelligence from What Car?’s New Car Buying platform.
Topping the list of the brands offering the biggest discounts was Citroen with an 11.75 per cent discount on average followed by VW with 11.12 per cent and Vauxhall with 10.52 per cent.
On the other end of the scale was Dacia who offered the least discount with 0.96 per cent off cars on average.
This is hardly surprising as the carmaker currently makes the cheapest new car on sale in the UK with the Sandero costing from just £6,995.
VW offered the biggest discounts across the first few months of the year but Citroen on average slashed the most off its cars.
Some individual models benefit from a significant saving as a result including the Jaguar XJ 3.0d V6 Luxury which is up to £10,239 cheaper – a 16.41 per cent saving.
The biggest individual saving for a car was on the VW Passat 1.5 TSI EVO 150 S which was 22.62 per cent cheaper – around £5,767.
Steve Huntingford, editor of What Car?, said: “In this turbulent market we cannot stress enough the importance of doing your research when buying your next car.
“Some brands are offering buyers large savings, while others are using different tactics.
“Interestingly, there is a split between premium brands. BMW and Mercedes-Benz, for example, tend to offer big discounts, while Land Rover and Lexus are pursuing a policy of smaller price reductions.”
Top 10 best Target Price % Cash discounts June 2019
Volkswagen Passat 1.5 TSI EVO 150 S
- Price (OTR): £25,495
- Target price: £19,728
- Target price saving: £5767 – 22.62%
Vauxhall Mokka X 1.4T ecoTEC
- Price (OTR): £22,645
- Target price: £17,890
- Target price saving: £4755 – 21.00%
Vauxhall Astra 1.0T ecoTEC SRi
- Price (OTR): £21,765
- Target price: £17,209
- Target price saving: £4556 – 20.93%
Volkswagen Touran 1.6 TDI 115 S
- Price (OTR): £26,450
- Target price: £21,189
- Target price saving: £5261 – 19.89%
Nissan Juke 1.6 Acenta
- Price (OTR): £17,465
- Target price: £14,090
- Target price saving: £3375 – 19.33%
Seat Leon 1.0 TSI SE
- Price (OTR): £18,265
- Target price: £14,838
- Target price saving: £3427 – 18.76%
Vauxhall Corsa 1.4 Energy
- Price (OTR): £15,075
- Target price: £12,297
- Target price saving: £2778 – 18.43%
Peugeot Traveller 1.5 BlueHDi 120 Active Standard
- Price (OTR): £35,615
- Target price: £29,378
- Target price saving: £6237 – 17.51%
Suzuki Baleno 1.0 Boosterjet
- Price (OTR): £15,249
- Target price: £12,744
- Target price saving: £2505 – 16.43%
Jaguar XJ 3.0d V6 Luxury
- Price (OTR): £62,400
- Target price: £52,162
- Target price saving: £10,239 – 16.41%
Source: Read Full Article