City car Target Price discounts rise
- Bigger savings available on city cars
- Average saving up to £755 from £602 in 2012
- Discounts predicted to keep rising
Target Price discounts for city cars have risen over the last 12 months, according to What Car? research. Buyers can now expect to haggle a typical £755-per-car saving, compared with £602 a year ago.
Three city car models offer double-digit average Target Price savings, with the Hyundai i10 at 10.1%, the Citroën C1 line-up at 12.9%, and the Suzuki Alto on 16.7% thanks to the introduction of a Pay No VAT offer.
Ford’ Ka, claims fourth place in the Target Price discount rankings, with an average saving of 9.7%. However, customers can also receive a £750 finance deposit contribution if they buy using a low-rate APR Ford Credit finance plan.
A combination of residual niche appeal and lower-than-average dealer trading margins has helped to keep Target Price savings at 4.3% on the three main Volkswagen Group city cars, the Seat Mii, Skoda Citigo and VW Up.
The enduring success of the Fiat 500 has also kept showroom savings pegged at 4.3%, but customers can get £500 paid towards their finance deposit when buying with a low-rate APR Fiat PCP
By Richard Bremner
Used cars for sale
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