Is now a good time to buy a new car?

Is now a good time to buy a new car or should I wait?

Asked on 28 May 2020 by Dorothy J

Answered by Dan Powell

You will be facing a lengthy wait for a new car. Factories and plants all over the world have been in lockdown for many months and it will take some time for production levels to reach pre-COVID-19 levels.

That said, there are some very good deals on nearly new cars. These vehicles have been sitting around gathering dust and depreciating while the lockdown has been in progress. You can save up to 30 per cent on a nearly new model and there are some good discounts on popular models: www.honestjohn.co.uk/cars-for-sale/search/?age=1&a...c

Tags: buying a new car new cars coronavirus lockdown

Similar questions

My new car has been sat around for 11 weeks of lockdown. What should I ask of the dealer when I collect it?

When showrooms reopen on 1 June, I will collect my new car - which I was due to collect on the day of lockdown. Presumably, it has been sitting somewhere for 11 weeks. What should I ask of the garage?

If lockdown continues until August, will my new car go into the next registration period?

I have a new car stuck somewhere between the factory and the docks due to lockdown. If the lockdown continues until August, would my new car go into the next registration period from August 2020? At present,...

I ordered a new car before lockdown - can I cancel it because it hasn't been delivered?

I ordered a new car before the Coronavirus lockdown. It was supposed to be delivered 31 March but due to the showroom closing, this this not happen. My order form states I can cancel and get my deposit...