New Car buy lease now or wait?

There was a big clearout of excess stock at the end of last year and with rates on Mercedes C class as low as £230 + VAT per month. There were some that thought the rates would get better this year if they hung on. Do you know what the rate is now? £339 + VAT!

Mercedes had to make a commercial decision to move a lot of cars before the realignment of residual values took place at the start of the new year and clear the decks. In this year they will reduce production by going onto short time (Honda have extended their production shut down from 2 months to 4 months), along with most other manufacturers, thereby reducing the supply of cars.

Manufactures will want to get back to what are the normal pricing levels for a prestige car.

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So, those that are still waiting for the huge price drops won't see them unless the manufacturer wants to move a stock of cars quickly and you may suddenly see a rate drop for just 48 hours. Some may last for longer, especially if there is a model change coming through.

Our message is - if you see a great deal and it fits well within your budget take it now - it may never return!

DealerDeals will keep the great deals coming but now is not a time to procrastinate!

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