Discounts down, prices up for new cars

Have you seen a new 60-plate car yet? Figures out today from What Car? suggest this might not be the best time to go out and buy one.

New car discounts have dropped by over 12% according to the magazine – every month it 'mystery shops' car dealers and has found the average discount consumers can haggle off their new car is £1779, £248 less than the same time last year.

Combined with rising list prices almost across the board, this means that motorists will find their wallets being squeezed at the dealerships.