Study: 16% Jump In The Sale Price Of Second Hand Cars.

Wednesday, 27 October 2021 09:30

The analysis was conducted by Cartell.ie and CarsIreland.ie,

A second hand car has risen in value by 16 percent this year, compared to last.

The Irish Independent reports this is because of a 'perfect storm' in the market, with UK import numbers falling due to Brexit.

Additionally a slow in sales of new cars means drivers are holding on to their current ones for longer.

The analysis was done by Cartell DOT-ie and CarsIreland DOT-ie, which say they've never seen anything like this before.

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