USED diesels have fallen in value by as much as 26 per cent due to a string of scrappage schemes.
Thousands have been wiped off prices, with the Vauxhall Corsa down by over a quarter against an average diesel drop of 5.7 per cent in three months.
With tougher new clean air rules on the horizon Motorway.co.uk director Alex Buttle said: “Diesel cars are really starting to look like white elephants.”
The figures were released by Motorway.co.uk for the third quarter of 2017 after 24,000 car values were analysed during the year.
For the same period petrol cars saw a 5per cent rise in value as demand increased.
Concerns over diesel emissions were raised by the Volkswagen emissions scandal in September 2015.
Since then the UK Government has announced ‘toxin taxes’ which can see diesel drivers fined for taking their cars into cities.
The move is part of Downing Street’s bid to clean up UK air after the country was found to be missing pollution targets.
The Government has also allowed car giants to run diesel ‘scrappage schemes’ to get old motors pumping fumes into the atmosphere off UK roads.
Manufacturers including Vauxhall, Ford, Volkswagen, Audi, Nissan and Toyota are knocking off £1,000s for drivers to greener models.
Vauxhall came under fire last year after The Sun forced an unprecedented second recall of 235,000 Zafiras that could burst into flames.
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