Used car prices up £4,500 in 3 years
13 July 2022
Latest Auto Trader Retail Price Index data shows the average used car price have increased £4,500 in three years and now stands at £17,252. They are up 23.7% year-on-year, the 27th consecutive month of price growth.
Although this has eased form the all-time high of 33.2% in April, the market is expected to remain strong.
Auto Trader adds it is sending 67% more used car enquires to retailers compared to June 2019, indicating both robust demand and the change on buyer behaviour to make contact before visiting.
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