With the
car industry facing a very difficult period, now could be a
good time to get a serious
car bargain. With production levels,
car finance availability and
new car sales all plummeting, the industry is in crisis.
Jobs cuts are already rife in the car industry, including
Aston Martin,
Nissan, and
Jaguar Land Rover .
Car dealers are having to make drastic discounts to try and
draw in increasingly scarce buyers.
Most
car buyers in the market are looking for
second-hand vehicles, rather than new cars. The government may
subsidise carmakers to provide
vehicle finance deals to consumers. Further breaks may include
cuts in VAT and trade-in incentives.