Used Car Prices

[Drucker]

Apparently used car prices have increased by up to 56% since the start of the pandemic. Brexit has also helped by closing off the clapped out BMW/Mercedes/Audi market. Obviously, Korean shitboxes have continued to depreciate, albeit slowly, but in general if you bought a two year old car in 2020 then it could be worth more now than it was when you bought it.


How bad?

Used car prices jump 56% in the last two years | BreakingNews.ie

Report says supply chain disruption caused by the pandemic and the realisation of Brexit market consequences resulted in a perfect storm for used car price inflation.

www.breakingnews.ie

 

[PROCNA2018]

I just did a check there based on your post. The dealer I bought my car from is selling a lesser spec model of my car for only 5k less than what I bought it for nearly 3 years ago. That's probably why they keep calling asking if I want to part with it. Unbelievable !!!

 

[Stacky]

Apparently used car prices have increased by up to 56% since the start of the pandemic. Brexit has also helped by closing off the clapped out BMW/Mercedes/Audi market. Obviously, Korean shitboxes have continued to depreciate, albeit slowly, but in general if you bought a two year old car in 2020 then it could be worth more now than it was when you bought it.


How bad?

Used car prices jump 56% in the last two years | BreakingNews.ie

Report says supply chain disruption caused by the pandemic and the realisation of Brexit market consequences resulted in a perfect storm for used car price inflation.

www.breakingnews.ie

It is always a stressful race between falling apart/rust and the depreciation

 

[PussyinBoots]

I just run everywhere.
Saves a fortune.

 

[bluesball]

Will be changing this year,was thinking of going for an opel Astra,but people tell me to stay away from them as they will break my heart. Are the that bad ?

 

[longbigandjuicy]

Apparently used car prices have increased by up to 56% since the start of the pandemic. Brexit has also helped by closing off the clapped out BMW/Mercedes/Audi market. Obviously, Korean shitboxes have continued to depreciate, albeit slowly, but in general if you bought a two year old car in 2020 then it could be worth more now than it was when you bought it.


How bad?

Used car prices jump 56% in the last two years | BreakingNews.ie

Report says supply chain disruption caused by the pandemic and the realisation of Brexit market consequences resulted in a perfect storm for used car price inflation.

www.breakingnews.ie

The days of affordable cars are over for most.

 

[king of the BONGO]

yeah i noticed that when i went to renew insurance. punched my car into a valuation thing and it gave me same price i paid 3 years ago.

 

[PussyinBoots]

The days of affordable cars are over for most.

You could say the same about housing.
The fuck kind of country we living in?
Basic needs like Housing, motoring, even groceries gone through the roof.

 

[Drucker]

I just did a check there based on your post. The dealer I bought my car from is selling a lesser spec model of my car for only 5k less than what I bought it for nearly 3 years ago. That's probably why they keep calling asking if I want to part with it. Unbelievable !!!

It’s unreal.
Complete turnaround from normal

 

[Drucker]

Will be changing this year,was thinking of going for an opel Astra,but people tell me to stay away from them as they will break my heart. Are the that bad ?

Golf.