Are Honda CR-V promotions a way of clearing old stock?

What is life like with your car? Let us know and win £500 in John Lewis vouchers | No thanks

Are Honda CR-V promotions a way of clearing old stock?

During the last few months Honda has been running a promotion on the CR-V. My dealer has a whole wedge of pre-reg 62 plate CR-V SE+ priced to go at £19,995, or chuck in the sat nav and T-spec for £20,995. Apparently, this knocks £5,999 off the list price.

Well there's no such thing as a free lunch. So what about the poor sods who paid top dollar 12 months ago or even six months ago? Honda UK seems to do this every time it introduces a new vehicle. They call it marketing, I call it desperation.

Asked on 11 October 2012 by JJ, via email

Answered by Honest John

Every manufacturer does this when they introduce a new model yet still have stocks of the old one. Motorpoint, too, has had £6000 off CR-Vs for months. About six weeks ago a reader wrote to tell me she had put £1000 down on one on a £3000 discount, then found she could get £6000 off elsewhere. She cut her losses, breached her contract, went elsewhere, and lost the £1000 deposit.

Tags: discounts buying a new car

Similar questions

Are Honda dealers limited to just 4 per cent discount?

I spoke to a Honda dealer recently who claimed that they were limited to a maximum of four per cent discount on a new CR-V, is this true?

Can I demand the return of my deposit after I found a better deal for a Honda CR-V elsewhere?

I saw advertised a Honda CR-V offer which was worth about £2500 off the asking price. I went to my local dealership and had a test drive. I liked it. They informed me that they had one in stock in the...

Can I get a discount on a new Toyota Yaris Cross?

Can I expect to get a discount on buying a new Toyota Yaris Cross? I currently own a 19 reg Volkswagen Tiguan Allspace, do you think I would get a good part exchange?

Related models