Used car sales jump in ‘volatile’ year as EV demand rockets
Second-hand prices continue to rise as pressure on new car sales boost demand for used models
Used car sales rose more than 11% in 2021 despite a “volatile” year that saw dealerships closed for months and prices experiencing five years of growth in just 12 months.
More than 7.5 million used cars changed hands last year as the market recovered from the effects of 2020’s lockdowns but performance was still 5.5 lower than the pre-pandemic average.
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