Used car prices drop AGAIN – but will market stabilise in 2024?

Описание к видео Used car prices drop AGAIN – but will market stabilise in 2024?

Cap HPI's director of valuations Derren Martin explains used car prices have fallen 2.1% in December which means values have now dropped 10.5% in the last quarter.

In this video he explains that prices are beginning to stabilise as some car dealers have started buying again and gives his predictions for the used car market in 2024. Will used car prices drop next year? Well, it's a game of two halves...

Martin explains when he thinks used car prices will drop further and why the second half of 2024 could actually see used car prices rising again.

The full story can be found on the used car pages of our website: https://cardealermagazine.co.uk/publish/

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