Used Car Inflation Nearing The End - Midlands Car Dealer

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A report from DoneDeal shows prices are beginning to stabilise.

A midlands used car dealer believes an end is in sight to second hand car price inflation.

The market has been in turmoil since the pandemic, but DoneDeal says second-hand motors still cost almost 70% more when compared to the onset of Covid.

However, inflation in the last quarter of the year was just 1.4%.

Laois' Owen Reddy of reddy2drive.ie says that supply is starting to bounce back:

 

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