The anticipated glut of diesel cars to hit the used car market, combined with falling buyer demand makes a significant price drop likely within the next 12 months.
Motorway.co.uk believes a fall in the average price of used diesel cars of 10 to 15% versus their current deprecation rate, over the next 12 months, is entirely likely, so with around 17 million diesel cars on roads and the average value of a used diesel car at around £7,000, a 15% drop in value would see more than £17 billion wiped off the combined net worth of current UK diesel car owners.
The Mobility Roadshow, the leading accessible vehicle test drive and independent mobility event, will hold a free conference focusing on older drivers in association with Age UK and Mobility Choice on 1st June at NAEC Stoneleigh, Warwickshire.
Mobility Choice, the charity that works with Goose Live Events to organise The Mobility Roadshow, would like to invite all consumers and professionals interested in driving options and future mobility opportunities for older people to this free educational programme.