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Quentin Willson's motoring column: Buyers' market.

Byline: Quentin Willson

IN a bid to shore up flagging car markets, finance houses, leasing companies and banks have been extending their retail involvement with discounts, cashbacks and deals on commission.

Market watchers Car Price Check found that record 03-plate registrations were swiftly followed by an 1.3 per cent fall in April's average transaction price.

Since January 1, the price of a pounds 12,000 family hatchback has fallen by pounds 345.

April new car sales were seven per cent down on April 2002, according to the Society of Motor Manufacturers and Traders.

Registrations to private buyers took the biggest hit, down 10.5 per cent for the month. All of which means it's a buyers' market out there, so make them an offer they can't refuse.
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Title Annotation:Features
Publication:Sunday Mirror (London, England)
Date:May 11, 2003
Words:128
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