Auto Trader reports drop in Used Car prices
Auto Trader has reported that large family cars have lost as much as 23% in value year-on-year as families downsize to save on fuel costs.
The average asking price was down 1.3% from 2010 to £9,206 – the continued rise in fuel bills is hitting families harder than perhaps we all considered.
Cars like the Ford Fiesta are still a popular used car – and even these are struggling to hold firm. Seems as fuel prices rise, people are forced into making hard decisions about the cars they drive!
