I was going to buy a car soon, I could make do with current 6 year old vehicle indefinitely, it has broke down a couple of times recently and I would like to change it and also get a good deal with the way car prices have declined.
I would normally buy a 6-12 month old supermini car and run it for at least
5 years.With new cars sold 20% less than last year, is it not the best time to buy this car within the next 6 months as in theory I will have 20% less choice very soon.
Or maybe we can expect some car dealers to go bust shortly and flood the market with used cars bringing prices down even further.