You’d think all the ongoing bad press around diesel would have really hurt the appeal of secondhand diesel cars. Not so, reports Auto Trader: its latest analysis shows that searches for used diesels still outnumber petrol cars – and the average price of a secondhand diesel is actually INCREASING.
Reports that diesel prices are going down are incorrect, says Auto Trader. Although the rate of price increases was slowing in 2017, they were still on the up – and in August, price increases began to grow again. They were up 6 percent compared to 2016, meaning the average used diesel car in 2017 now costs an average of 2 percent compared to last year.
More used diesel cars are being searched for than any other fuel type, too. 55 percent of secondhand car searches on Auto Trader were for diesel cars between May and August, which again is an increase on 2016.
And although 10 percent of diesel vendors interviewed said the current diesel debate was behind their decision to sell, almost 50 percent said they were unmoved by the bad press and were planning to buy another diesel.
In contrast, almost half of those interviewed said they would NOT be buying an electric car because they were either too expensive or the recharging infrastructure was not good enough.
As for the predicted rush by owners to sell diesel cars, Auto Trader’s data disproved that, too. Private diesel ads are up just 0.3 percent this year, suggesting “motorists are generally unmoved by the diesel debate or the government’s 2040 announcement”.
Indeed, the only new trend that Auto Trader has discovered is far more anxiety amongst used car buyers over which type of car to buy. Half of those interviewed said it was now harder and more challenging to buy a used car and more than a third admitted they were going into the process simply unaware of the pros and cons of the fuel type they were buying.
Auto Trader adds the government’s current lack of clarity over the diesel debate is playing a big part in this – with its COO Nathan Coe calling for the debate to focus on the positives of the clean fuel switchover “rather than further energising a narrative that stigmatises cars and threatens to penalise motorists.”