Many unlikely to 'haggle' over price of new cars for sale

Sep 23 2008

A significant number of people considering buying a new car are unlikely to haggle over the price, it has been claimed.

Sainsbury's Bank reports that of the 1.45 million people planning to buy a new car between September and February next year, 19 per cent will not negotiate over the price.

However, the firm stated that people who do haggle could potential save more than £1,000 on average on the price of new cars for sale.

Steven Baillie, head of Sainsbury's Loans, said: "In the current economic climate and the fact that fewer people are looking to buy new cars, this is one of the best times to haggle over the price you pay."

Car insurance firm esure recently reported that one in ten car buyers it surveyed took out the Car Finance deal offered by their dealer last time, while one in ten took out a loan.

A further one in 20 used their credit cards to make their purchase.
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