Wednesday, August 09, 2006

UK car prices fall

New car prices in the UK fell by 2.7 per cent in real terms in the year to the end of May according to the European Commission’s Car Price Differentials report.

The research suggested EU citizens could save money by buying cars in countries where the pre-tax price is low and then taking the purchase back to their country of residence where they are liable to pay only local tax.

Pre-tax prices were lowest in Denmark and Hungary, the research found.

DATED: 09.08.06

FEED: MT





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