The used car market experienced its worst quarter of sales for seven years, despite electric car sales rising by almost half.
The Q3 figures, released today by the Society of Motor Manufacturers and Traders, show that 1,785,447 used cars changed hands between July and September, the first time transactions have dipped below two million since 2015.
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Prices , excessive mark up on end of lease stock ?. Maybe Joe Public is getting wise to the rip off
Excessive prices might have something to do with it. The mark up on end of lease stock at present must be huge.