Used-vehicle prices are unlikely to drop until new-vehicle production returns to normal, and the microchip shortage is still wreaking havoc on nearly every manufacturer.

Are Used car prices going up in 2021?

Price rises have been driven by a number of factors. ... AA Cars, which compared the prices of three, four and five year-old cars between 2019 and 2021, said demand for some models was so strong that they are increasing in value with age.

Are Used car prices going up in 2021 UK?

September saw the average advertised price of used cars jump by £822. This is the biggest month-on-month rise this year, according to the latest Market View from eBay Motors Group.