Resale value of diesel-engine vehicles could be about to plummet due to new environmental evidence

The resale value of diesel engine vehicles is set to plummet.

Despite government’s reassurance over the last 10 years in using diesel vehicles, new environmental evidence has caused a U-urn in its strategy.

After the elections this year the Conservatives propose an extra levy on diesel vehicles. This will be implemented by raising the cost of road tax on diesels above their petrol equivalent.

The Auto Auction Industry has vented its concerns that the re-sale value of diesel vehicles will plummet as people rush out to purchase petrol or electric vehicles instead.

MARK BURTON


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