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?
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