The Sun: dealers offering £10k to buy back cars
17 February 2022
The Sun has reported retailers are offering up to £10k over book price to buy back customers’ used vehicles. One Land Rover owner, who bought his vehicle just months earlier, said: “It’s unbelievable. The car market is on its head at the moment.”
A sales executive at Lookers Mercedes-Benz Sevenoaks said: “If a dealer has a buyer willing to pay above market value, they will try to source that car from wherever they can.”
The AA said used car price growth has taken motor retail “to an almost bizarre level”.
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