However, leasing and rental companies which deal direct with the manufacturer are exempt from the cut-price bonanza, which the company claimed was 'the biggest and most widespread price reductions ever made by the Spanish brand in Britain'.
The largest savings are on the 1.6 litre 100 bhp Toledo (down from £13,895 to £11,490) and the 110 bhp 1.9 TDi S (down from £16,295 to £13,890) and the 1.8 20V 125 bhp (down from £15,195 to £13,390).
More than £1,000 has been cut off prices of the Cordoba and Cordoba Vario; Arosa prices have been cut by between £705 and £1,005; Ibiza prices have been reduced by between £405 and £605 and Leon models have been cut by up to £1,005 with the company claiming the £805 saving on the 180 bhp 20VT Sport (£15,190) makes it the most powerful car available for under £16,000.
Prices of the Alhambra have also been cut on top of price reductions two months ago with the 150 bhp 1.8 20 VT S now costing £16,990 - almost £2,000 less than in August. The most popular Alhambra, the TDi PD S, now costs £1,005 less at £18,590.
Meanwhile, new car prices fell year-on-year by a record 8.7% in September compared with 5.9% in August, according to the latest Alliance & Leicester Car Price Index. However, the average fall in new car prices continues to be far outstripped by the average decline in used car values. The value of one-year-old cars has dropped 17.9% over the same period and the value of three-year-old cars has dropped 16% since August last year.
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