Cost of living crisis: Second hand cars now more expensive


Second cars are now £26,000 more expensive than brand new ones as interest rates on finance soar and supply chain issues cause delays for latest models

  • Second hand car buyers can pay a £10,000 premium for a Landrover Defender
  • Problems with sourcing microchips has delayed building the new cars
  • Costs of buying a car are increased dramatically if a buyer opts for PCPs 



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Written by Bourbiza Mohamed

A technology enthusiast and a passionate writer in the field of information technology, cyber security, and blockchain

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