Is The Rise Of The Used Car Market Down To The Madness Of New Car Pricing?
October 17, 2019
Posted by: Josh Locke
Category: Automotive Industry
Quality used cars are hot property right now. With a range of stylish SUVs and reliable hatchbacks falling into the used car market for flexible and affordable prices, are new cars being exposed as nothing short of extortionate? Hear me out. A new Ford Fiesta will set you back a minimum of £15,995, that’s without
According to Auto Trader’s retail price index, there has been a 5% increase from September 2017 in the average value of used cars bringing this to £12,853 for 2018. From 2011 to now, used car values have risen a massive 42% from £8,997 to £12,731. Over this same period the average new car value has