It perhaps comes as no surprise that on the back of negative publicity many drivers are now looking to off load diesel cars and switch to other alternatives. It appears that motorists are worried about higher emissions and also being hit in the pocket with financial penalties on road tax and fuel.
A survey by UK car sales website Wizzle has also found that so far this year the selling time for a diesel car has doubled, while prices have also tumbled.
Wizzle boss Sébastien Duval said, “In January 2017 we saw diesels taking more than twice as long as normal to sell (rising from 6 to 12 days), while petrol cars carried on selling as usual (3-4 days).”
Sébastien added, ‘We benchmark transaction prices against the independent car valuation experts CAP-HPI and the old relationship between petrol and diesel values in the used market seems to have disappeared. Last year diesel values were consistently higher than equivalent petrol models but this year they are jumping above and below petrol car values from week to week, with no clear pattern or trend. We think this is because dealers are now more cautious about holding diesels in stock.”