Brits are being advised to haggle on the prices of vehicles as a bid to get cheaper discounts during the financial crisis, it has been revealed.
With more dealers struggling to sell vehicles, according to Sainsbury’s Bank, car insurance customers could find themselves cutting around £1,780 off the listed vehicle price.
Head of loans at Sainsbury's Steven Baillie said: “The car industry is facing a very difficult time, with sales of new cars in February for example down 22% on a year ago.
This means that now is one of the best times ever to negotiate a significant discount on the price of a new vehicle.”
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