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Given the decline in diesel car prices - how will this affect leasing prices next year?
Given what is reported to be happening to used diesel car prices, what effect is this likely to have on leasing prices for early next year?
Asked on 27 September 2017 by Stewart REID
Answered by
Honest John
At the moment there is a surplus of new diesels so the fleets are getting them cheaper in the first place and residuals are not the worry they would otherwise be. But next year, manufacturers simply won't build as many (they are more expensive to make than petrols), so diesels won't be as heavily discounted, yet residuals will still be poor and for that reason leasing prices will have to rise.
Our honest used car pricing is a little bit different to all the others. You can get to our values through make or model - you don’t have to follow a prescribed route. Plus, it’s live, which means we can react to changes in the market quicker than any printed price guide.
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