New car sales are being hit by expectations of further price falls, according to research by Churchill Insurance.

The direct writer said it found that 58% of motorists believed they could be paying £3,000 less for their next new car. Some 70% of motorists said they would delay their purchase for this reason.

The findings follows months of publicity alleging rip-off prices. An investigation into the issue by the Competition Commission is to report shortly.


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