Price of used cars up 63.7pc since Covid pandemic began – Independent.ie

17 comments
  1. Since Brexit more like. We used to get most of our second hand car stock from the UK, but since we can’t to that any more, it’s harder for people to get their hands on second hand stock.

  2. It’s madness…. I’d been saving for a second hand leaf. They are literally 70% more expensive than 2 years ago!

    I also seen a 08 Yaris for €4950 a few weeks ago which I still don’t understand.

    On another note. . .

    I can’t see our emissions targets being met by 2030 without some drastic intervention. We’re severely handicapped by VRT and now vat on UK cars (contributing harshly to the price rise). It’s not really a free market in Europe when we are just about the only ones who require right hand drive cars.

    Multiple new electric cars are available to Europe that won’t be coming to ireland as manufacturers said it’s not economically viable to produce their cars in right hand drive.

  3. Had this convo the other day with himself. I think we might be switching to left hand drive cars, and left hand driving in the roads. Like it might be a short term pain in the hole, but right now as the other commenter pointed out, we are the only EU member with right hand drive and are purposely making life harder.

  4. What I don’t get is why there’s now such a huge different in the prices of petrol and diesel cars, with used diesel cars being far cheaper.. I mean I know the price of diesel has levelled with petrol more or less but still

  5. I traded in mine recently (had to get a bigger one for the family) and got nearly 75% of the new value of my 3 year old car. It only depreciated just over 25% in 3 years. There was absolutely no value for us in the second hand market, a few extra grand got us a brand new car with no mileage, a warranty, etc.

  6. 2013 Honda civic before coivd was around 2500 and was the car I was going to buy after my shit box starter car.

    Now after the pandemic you are looking at a solid 4500/5500 for the same car

    My Chevrolet matiz will have to keep going…..god knows my ego is hurt from driving it for 3 years now

  7. I bought my last car, a ’09 Mazda 3, for €4,250 five years ago. I ended up giving it to my da but I swear I could get that for it again now.

  8. The car I’m actually looking at comes in a 1. 2 and 1.5 but it will probably be the new year before I am actually buying so my mind could change.

  9. I just got a new car so sold the old one. Had it for a year and a half, it got a few bad scratches along the way and sold it on the same day the ad was put up for the exact price I bought it for. Madness.

  10. Christ i’m glad my family has a spare car. No chance i’d be able to afford insurance and a new car after paying for everything else

  11. We are looking to get a 40kwh Nissan Leaf, but as soon as there is a suitable one gone up for sale, they seem to be sold. Put one ‘on hold’ ‘ on Zucar and received an email confirming it, then got a call from them saying it was already sold, ad was only put up.today but apparently the car had been sold on Saturday! Still they are putting ads up on Donedeal etc. but the cars are already sold when you enquire about them.

  12. I got really lucky last year and managed to buy my affordable dream car. Still payed 3k more then similar car would be 2 years ago. I managed to get a good deal and was very happy. After that I checked donedeal and cars like mine, 1 year older, going for 4-5k eu extra! That’s if any come up for sale!

  13. It’s had a strange effect on the market though.

    I picked up a mk4 kia optima a few months ago, with a few years on it. It was absolutely inflated in price, but the strange thing, was there was almost no gap in price between trim levels.

    The most basic model I could find out there, vs the exec trim/leather seats/heated seats/paddle shifters/built in sat-nav etc. all the usual optionals you can find added into a car… but the price was varying by like… a couple hundred quid, where normally you’d see thousands in the differences between trim levels on cars like that.

    I *think* that means we’re starting to see the market crack a little bit (in other words, peopel are starting to have trouble selling cars – so all the cars are getting squashed into the top of their pricing bracket with little variability) – but to be honest I don’t know *too* much about the car market, so that’s just an educated guess.

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