Prices of used diesel cars take a 26% tumble

Diesel’s negative press, including scrappage schemes and ‘toxin tax’, is putting buyers off diesel engines says a car buying website

M6 motorway traffic

The announcements of the latest diesel scrappage schemes have caused the price of used diesel cars to fall by up to 26 per cent in 2016. 

Car buying comparison website Motorway.co.uk found that the average price of popular diesel models has fallen by an average of 5.7 per cent in recent months, compared with prices at the start of the year. Some equivalent petrol variants, however, have instead increased in price, as buyers turn away from ‘dirty diesels’.

Diesel ban? everything you need to know

Average prices for diesel models such as the Vauxhall Corsa dropped from £2,160 to £1,592, while Audi A3 prices fell by 11.3 per cent.

Drivers have been increasingly discouraged from buying diesel engines, with ‘toxin taxes’, scrappage schemes and new scientific research into diesel’s impact on air quality making petrol a more attractive choice. 

Director of Motorway.co.uk Alex Buttle explained that the results “show clearly that used diesel car prices are only going one way – and that’s down. 

“Now that most major manufacturers have launched diesel scrappage schemes, it doesn’t look like it’s about to get any better. Diesel cars are really starting to look like white elephants.” 

On the other side, and despite the emissions ‘scandal’ that Volkswagen was caught up in last year, prices for petrol models including the Golf and Polo rose by up to 19 per cent as sellers capitalise on the favoured market. 

Buttle added: “For those purely after cheap deals, it is definitely ‘bargain bucket bonanza’ time in the used diesel market.”

What do you think the future holds for diesel cars? Would you be tempted to buy one now prices have fallen? Let us know in the comments section...

Most Popular

New 2021 BMW M3 launched with huge grille and 503bhp
BMW 3 Series M3 Coupe

New 2021 BMW M3 launched with huge grille and 503bhp

The new sixth-generation BMW M3 Competition saloon gets a 503bhp straight-six engine and four-wheel-drive
22 Sep 2020
Energy firms want the right to switch off electric cars charging at home
Electric cars

Energy firms want the right to switch off electric cars charging at home

New powers being sought to allow energy providers to turn off high-drain devices to manage electricity network
18 Sep 2020
New Honda Civic Type R 2020 review
Honda Civic Type R

New Honda Civic Type R 2020 review

We find out if the revised Honda Civic Type R can stay at the top of the hot hatch class
22 Sep 2020