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New car prices rise by more than inflation

Prices of the most popular cars in Britain have undergone inflation-busting price increases in the last three years.

The figure is revealed by CAP New Vehicle Data.

List price rises among the most popular new cars are headed by 12.3 per cent for the top selling Ford Focus. In December 2003 the average list price for a Ford Focus was £14,192. This had risen by £1,746 to £15,938 in March this year.

The second largest percentage price increase, among the top 10 registrations, has been the Volkswagen Golf. The average list price within the Golf range, in March this year, stood at £16,776 – a £2,607 price increase on December 2003.

Vauxhall Astra takes third place for the largest list price increase in the top ten. The average model price in the Astra range stood, in March, at £15,690 – a 9.8 per cent increase on the December 2003 figure, or £1,398 more.

There are now no list prices below £10,000 among the top ten registered cars, the cheapest now being the Vauxhall Corsa, at £10,358. The Ford Mondeo enjoys the distinction of having undergone the smallest list price increase over the period, at just 3.4 per cent.

Grayham Butler, CAP head of specification, said: 'The NVD database confirms that list prices have significantly risen in recent years. It can be argued that list price is often only the starting point for negotiation and therefore not a reliable guide to the cost of buying a car. But CAP’s research among dealers does indicate that, in the case of many popular makes and models, actual transaction prices have also risen over the past three years.'

Average list prices for the top ten registrations 2003

Model Average List Price (at year end) £ Best selling derivative
Ford Focus 9612.43 1.6 Zetec 5dr Hatch manual/petrol
Vauxhall Corsa 9612.43 1.2i 16V Sxi 5dr Hatch manual/petrol
Vauxhall Astra 14292.25 1.6i 16V Club 5dr Hatch manual/petrol
Ford Fiesta 9813.46 1.4 Zetec Climate 5dr Hatch manual/petrol
Peugeot 206 10426.46 1.4 LX 5dr Hatch manual/petrol
Renault Clio 10744.73 1.2 16V Dynamique 3dr manual/petrol
Renault Megane (excl Scenic) 14665.87 1.6 Dynamique 5dr man/petrol
VW Golf 15144.31 1.6 Match 5dr Hatch manual/petrol
BMW 3 Series 25138.67 320d SE Saloon manual/diesel
Peugeot 307 13310.62 1.6 S 5dr Hatch manual/petrol

Average list price percentage increases to March 2006

Model Average List Price £ % Increase Estimated best selling derivative
Ford Focus 15938.8 12.3 1.6 Zetec Climate 5dr 100ps Hatch man/petrol
Ford Fiesta 10660.4 8.6 1.4 Zetec Climate 5dr Hatch manual/petrol
Vauxhall Astra 15690.25 9.8 1.6 16V SXI 5dr Hatch manual/petrol
Vauxhall Corsa 10358.23 7.8 1.2 16V SXI 5dr Hatch manual/petrol
Renault Clio 11150.11 3.8 1.4 16V Dynamique 3dr Hatch man/petrol
VW Golf 16776.76 10.8 2.0 GT TDI 5dr Hatch manual/diesel
Ford Mondeo 19434.16 3.4 1.8 LX 5dr Hatch manual/petrol
Peugeot 206 11112.04 6.6 1.4 Verve 5dr Hatch man/petrol
Vauxhall Zafira 17751.58 7.7 1.6 Club 5dr hatch man/petrol
VW Polo 10803.19 9.2 1.2 55PS E 3dr Hatch man/petrol

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