Ford cars are being haggled down to 30% below their list price, according to Jo Eveleigh from car brokerage Dealdrivers.
Mercedes models are also being sold for much less, as finance deals for luxury vehicles have dried up, she added.
“For a Ford Fiesta five-door V-tech blue 1.25l, the list price is £11,250, but we have been getting those for £8,170”, said Eveleigh in The Daily Telegraph.
“The hot car right now is the Mercedes CLC, but people haven’t been able to find the cash, so you can get discounts of 10%.”
This would mean £2,070 off a 200CDI Sport model.