Actually, if diesel engined cars are really losing value, it does present opportunities for those who wish to take advantage.
There are some large capacity diesel engines around, mostly in German cars, which may suddenly become very tempting, price wise.........
As long as the owner doesn't want to go into major cities or on the M1..
Only Euro 4 Diesels are considered "clean" by London after 23 October. Other cities will follow suite and there is talk of moving to Euro 5 as the cut off point.
Fortunately most of the older diesels will not be leased, nevertheless the pain will be felt by those least able to afford it.
I have a friend in the USA who has just had his 2016 Diesel Jetta taken back by VW. He got most of what he paid, the new price discounted by a rate per mile, plus a compensation payment of $7000. He told me that VW will be scrapping close to 1m cars in the USA, all the diesels presently on the road.
