Press Release: Car prices: Despite price convergence, buying abroad often remains a good deal

The European Commission's latest report on car price differentials in the European Union, released on 2 March 2004, shows that price convergence for new cars across markets continues. However, the latest figures available as of 1 November 2003 show that many European consumers can still make significant savings by buying their cars in other Member States. This is because price differentials between certain countries, and particularly for certain models, are still significant. Pre-tax car prices are lowest in Denmark, Greece and Finland. Prices in Germany, the biggest market, and, to a lesser extent, in Austria remain among the highest within the euro zone.

http://ec.europa.eu/competition/sectors/motor_vehicles/prices/archive.html http://ec.europa.eu/competition/sectors/motor_vehicles/prices/archive.html

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