Given the decline in diesel car prices - how will this affect leasing prices next year? | Ask Honest John

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

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.

Tags: car prices diesel cars leasing finance consumer advice diesel backlash

Similar questions

Should I buy or lease a small car?

What are the pros and cons of buying versus leasing a small car?

Why are dealer lease deals more expensive than those online?

I'm moving towards leasing my next car, previously always having bought cash. However, the dealer lease deals seem more expensive than those offered online. Is the dealer acting as a third party thereby...

Why are Europeans encouraged to buy diesel cars when we are told to get rid of ours?

Why are Europeans encouraged to buy diesel cars with cheaper priced fuel when we are told to get rid of ours?