Re: Used Prices increasing in Uk
I have seen more and more reviews now saying get one of these etc for the price they are not bad. As long as good reviews are out people will automatically start searching for low mileage sought after vehicles, hence pushing prices up as demand increases. If garages push their prices up, because they know they got the interest and they have started selling, private sale prices will also adjust accordingly. The cars advertised on auto trader are those who wish a quick sale perhaps due to unforeseen circumstances. I had a M3 about 3 years ago, I paid £38k for the vehicle kept it 18 months and sold it for £30 to a dealer. Yes I lost 8k in 18 months and this was a BMW M3 that is so much talked about. People do not want to part with 38k on someone's doorstep, they rather go to dealer where they get the finance and after sales. Trust me it was a nightmare to get rid off. With the crossfire and its good reviews, recently potential purchasers will jump at the chance to buy this car for around the 20k mark used.