Soaring cost of people carriers drives used car prices even higher

They could be the most unfashionable automobiles on the highway, but the price of people carriers has soared as a lack of new stock and dread of public transport continues to push the value of made use of autos ever larger.

The Seat Alhambra people provider has jumped by practically 50pc to £18,900 in contrast with this time final yr, although the Renault Grand Scenic is up 44pc to £9,425, in accordance to Car Trader.

The raises aided force the normal price of a made use of car or truck to £17,366 final thirty day period, 29pc larger than November final yr. Prices have jumped by practically £3,500 in the earlier 6 months alone.

Just one in four made use of autos less than a yr aged are now much more high-priced than their new equivalents, Car Trader states.

The major value gaps are uncovered among electric powered autos these types of as the Sensible fourfour, which retails for £16,700 but a approximately new model will set customers back again £22,490. The Mercedes-Benz EQA sporting activities utility automobile is promoting for practically £10,000 over its £45,two hundred listing value.

Several variables are combining to inflate made use of car or truck prices as motorists maintain their autos for more time thanks to lack of new motors prompted by a lack of personal computer chips.

The lack of sellers has combined with larger demand for autos as commuters try out to stay clear of public transport to maintain pushing up prices for customers who are unwilling to wait around.