More Car Buyers Willing To Haggle

Thu, 09 Apr 2009

An increasing number of UK car buyers are willing to haggle on the price of a new car in order to save money during the recession, new research has found.

According to a survey carried out by Sainsburys Finance, 90 per cent of would-be buyers are currently prepared to haggle, compared to 79 per cent in August 2008.

However, the findings suggested that Brits still need to improve their bargaining skills as one in three are only prepared to haggle slightly to get the best possible deal.

The report adds that motorists unwillingness to haggle hard could result in them paying up to £200 million a year in excess for cars .

According to Sainsbury’s Finance, buyers should be aiming to save an average of around £1780 through haggling - double the average discount that could have been expected in 2001.
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