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Should I buy a diesel?
I'm looking to buy a diesel; mainly for the long distance drive I usually do and the tax rates.
However my friend recently told me that diesel cars have received a huge backlash in publicity. He also said their numbers will dwindle with strict emissions standards on NOx emissions.
Whats are yours thoughts on this? Is it still safe to invest in a diesel car?
Keith
However my friend recently told me that diesel cars have received a huge backlash in publicity. He also said their numbers will dwindle with strict emissions standards on NOx emissions.
Whats are yours thoughts on this? Is it still safe to invest in a diesel car?
Keith
Asked on 15 December 2014 by ksdp37
Answered by
Honest John
I think the market for used diesel cars will collapse over the next five years, with severe implications for anyone banking on current 'residual values'.
As well as city centre Nox bans, the cost of rectifying expensive failed emissions kit at 4-5 years old will finally sink in. So if you want to take advantage of fuel economy and low tax over a high mileage over three years, lease one. Don't buy one. And hope that the lease rates still reflect today's high residuals on diesels. Or get a petrol hybrid.
As well as city centre Nox bans, the cost of rectifying expensive failed emissions kit at 4-5 years old will finally sink in. So if you want to take advantage of fuel economy and low tax over a high mileage over three years, lease one. Don't buy one. And hope that the lease rates still reflect today's high residuals on diesels. Or get a petrol hybrid.
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