• G'day! Want to sell your car? You're in the right place!
0418 754 000  

Used Cars Are Never Going to Get Any Cheaper

  • Home
  • Global
  • Used Cars Are Never Going to Get Any Cheaper
by SellMyCarGlobal

Used car availability won’t be back to 2019 levels until 2028, and Cox experts don’t anticipate used car costs will ever normalize.
Alan Diaz/AP Images

  • Used car prices skyrocketed during the COVID-19 pandemic.
  • The market has improved, but it’s never coming back down to pre-COVID levels, per Cox Automotive.
  • Blame a decrease in leasing and drivers holding onto their vehicles for longer. 

Since the start of COVID, the used car market has been volatile, with pre-owned…

Continue reading this news update.

Comments are closed