Britain’s second-hand car prices are on the decrease, according to the UK’s Daily Telegraph (16/8/00).
Citing research published this month from Glass’s Guide, an authority on second-hand car prices, the report says that over the past three years, the average value of a one-year-old small car has reduced by £875, with the price of a second-hand family car decreasing by £1,425.
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This decrease is despite the fact that all the models investigated by Glass’s have undergone upgrades over that time, resulting in customers obtaining a cheaper car with higher specifications, says the report.
