NEW CARS on September’s ‘69’ plate are already appearing in the second-hand market – with massive discounts – as dealers struggle to meet sales targets.
Just a month after the new plate’s launch, more than 500 cars on the 69 plate have appeared on the specialist online motor retail site BuyaCar.co.uk.
This means car buyers can already get the latest look at substantially cheaper prices than when the new plate was launched on September 1st.
Discounts ranging from 16% to 41% were already available on a growing number of bargain models – only a month into the new plate season. The bargains are likely to continue appearing as dealers come under pressure to register enough cars to meet big sales targets and entice drivers who are holding off changing their car in the wake of Brexit uncertainty.
But tough times for dealers spell great opportunities for canny car buyers, with up to £31,515 slashed off the original price of one £76,515 Audi A8 and £4,660 off the price of an £18,355 Nissan Juke on the very newest plate.
Austin Collins, Managing Director of BuyaCar.co.uk, said: “There have always been opportunities to buy the latest plate at a discount in the months following a new plate launch, but in the past year they have begun appearing much sooner.
“The reason is that dealers make a substantial part of their profit from bonuses paid to them by manufacturers for meeting registration targets.
“That means the dealer can often afford to heavily discount the screen price because they have already earned most of their money by putting the car on the road.
“With an influx of pre-registered cars this soon after a new plate launch we expect the choice of bargains to grow substantially between now and the end of the year as dealers also come under pressure to store large volumes of stock and seek to clear them out.â€
10 of the biggest savings already offered on September’s 69 plate cars on BuyaCar.co.uk
Model | List price | Buyacar price | Cash saving | % saving |
SEAT ALHAMBRA 2.0 TDI (150 BHP) XCELLENCE DSG diesel estate | £37,035 | £28,970 | £8,065 [using current new price] | 21.8% |
AUDI Q3 35 TFSI Sport 5dr Manual | £31,290 | £25,900 | £5,390 | 17.2% |
FIAT PANDA 1.2 Pop 5dr hatchback | £10,080 | £7,495 | £2,585 | 25.6% |
AUDI A8 50 TDI Quattro S Line 4dr Tiptronic Automatic diesel saloon | £76,515 | £45,000 | £31,515 | 41.2% |
Mazda 6 2.2d [150] Sport Nav+ 4dr Saloon diesel | £28,895 | £22,575 | £6,320 | 21.9% |
Land Rover Discovery 2.0 SD4 HSE 5dr Auto diesel sw | £62,860 | £53,000 | £9,860 | 15.7% |
Volkswagen Up 1.0 BlueMotion Tech Move Up 5dr | £11,565 | £9,000 | £2,565 | 22.2% |
Nissan Juke 1.6 [112] Acenta 5dr CVT Hatchback | £18,355 | £13,695 | £4,660 | 25.4% |
AUDI TT Coupe Sport 45 Tfsi 245 Ps S Tronic coupe | £35,350 | £28,999 | £6,351 | 18.0% |
AUDI A6 Avant S Line 40 Tdi 204 Ps S Tronic diesel avant | £45,135 | £33,490 | £11,645 | 25.8% |
*Article Source BuyaCar.co.uk / Newspress