Instead, the key indicator to keep an eye on is discount levels, which were at record levels prior to the Brexit vote. We’ve not seen much change in that because car manufacturers typically budget three to six months in advance, predicting demand and working their plants accordingly.
As such, the incentives (read discounts) the manufacturers put in place - mostly on the assumption of Britain staying in Europe (and the pound remaining strong) - are still available, and will be for almost all car makers until at least September, and among the longer-term planners to the end of the year.
But if the pound’s value remains low in comparison to the Euro, the likelihood is that the extra margin UK sellers could once use to stimulate sales will decrease. Or, to put it another way the haggle will no longer be as satisfying as it once was.
Vauxhall’s future in Britain questioned following Brexit
That’s not to say that bargain hunters should rush off and buy a car now, though, because there is potentially more good news on the way - and good news of the sort that might not have a short-term threat attached to it.
It comes in the form of the much discussed and occasionally dangled interest rate cut that the Bank of England is rumoured to be preparing to introduce. The vast majority of cars are bought on PCP or PCH lease deals these days, and any drop in the interest rate would positively impact on the most of these deals.
So you buy now while discounts are strong, gamble on an early interest rate drop and double the savings, or wait and see what comes out in the wash?
This is where we cop out. With significant changes to the tax regieme set to come into force next April, bargain hunters probably shouldn't wait too long - but we’re not here to give financial advice. But the good news for car buyers is that there is still good news to be found.