Good time to buy cars

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.

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Good time to buy cars

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