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Diesel cars could be about to make a comeback on the used car market as ultra-efficient Euro 6 models reach the end of their lease contracts.
Every diesel car sold in the UK since September 2015 has had to comply with tough Euro 6 environmental regulations.While they cost a little more to buy, they are among the most fuel-efficient vehicles available.
“Despite the tipping point having arrived for EV vehicles,” Alex Wright, the Managing Director of Shoreham Vehicle Auctions, explained, “we will see the diesel market recover and, due to the reduction in new diesel sales, the pendulum will swing back to an increased demand in the second-hand market.These vehicles will sit alongside EVs and fuel-efficient petrols as part of the solution in reducing emissions and improving urban air quality.”
He added:“The new generation of petrol owners in an SUV will realise the extra running costs versus diesel, and when the green light is given by the government that these new generation diesels are actually helping the country reduce CO2 and NOx emissions, it will be accepted as a ‘green’ solution until EVs fully establish themselves.
“We must remember that petrol powertrains’ generate CO2 and NOx emissions too and, arguably, have progressed less than diesels in recent Euro standard iterations.”
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Marshall Motor Group Limited is authorised and regulated by the Financial Conduct Authority to conduct insurance distribution as an ancillary insurance intermediary. All of the following companies are Appointed Representatives of Marshall Motor Group Limited for the purposes of insurance distribution: Marshall North West Limited; Marshall of Ipswich Limited; Marshall of Peterborough Limited; Marshall of Scunthorpe Limited; Pentagon Limited; Ridgeway Garages (Newbury) Limited; S G Smith (Motors) Beckenham Limited; and Silver Street Automotive Limited.
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