Car price inflation is beginning to slow, but prices are still high.
Used car prices are still almost double what they were before the pandemic.
The latest DoneDeal index shows car price inflation is finally beginning to slow, but prices are still 79% higher than before Covid-19.
Electric vehicles and hybrids now account for just over half of new cars registered in Ireland, compared to just 18% in 2020.
Owen Reddy of Reddy to drive motors in Monasterevin, says there are supply and demand issues:
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