New cars are cheaper than used ones for the first time ever, it has been claimed.
Manufacturers are making huge discounts on the list price of many cars in a bid to shift stock, while a shortage of decent second-hand cars has led to inflated used prices.
At one car supermarket anew Subaru Impreza 2.5 WRXs were being offered for £12,999, a saving of £6000, while a used 2008 WRX on an 08-plate, with 7500 miles, was found for £14,495.
An 08-plate Vauxhall Corsa 1.0-litre Life model with 5160 miles on the clock was £6494, while a new 09-plate is available from a dealer for nearly £600 less at £5995.
However, experts have warned that the price reversal will not last long.
Simon Harris, consumer editor of price guide Parker's, said: “This will only be a temporary phenomenon in the marketplace. A used car is always worth less than a new one, so given time the market will correct itself."