Used car prices stabilise in June - but EVs dragging it down

[@johnybigarms]

I really feel for the manufacturers who are trying to sell EVs to a market that doesn’t want them, whilst being fined £15k for ICE car sales over their percentage allowance, they are losing money supplying the EV and losing money on the fines if they don’t sell enough EVs. Impossible position

[@jondobbs]

With EV sales set to increase due to legislation you can only assume prices of old cars will hold their value

[@jaycam2886]

Car market is about to slow right down!!! Cars are still well over priced, Dealers selling cars way above the true value beware!!

[@TheTotalPackage-qo5gx]

When do you think it will bottom as I will be in the market for a used e class later this year or maybe early next year.

[@jaycam2886]

@@TheTotalPackage-qo5gx Maybe Christmas time, i also holding out to get a new car i refuse to pay the silly prices its crazy and pure greed from most dealers!!

[@TheTotalPackage-qo5gx]

@@jaycam2886 Thank you for the reply, I will wait until after Christmas before purchasing I think. One of my good friends owns an independent car dealership and he says they are on for the worst month in four years. Make of that what you will but it could mean prices are about to drop but we will see.

[@cityblue0202]

How does a person who is not a dealer buy a car at a car auction please, my wife is proper particular about a Peugeot 2008 that she wants.

[@jontheodore8450]

Pretty good news for dealers then but pretty bad news for the tyre kickers...😂

[@evansnr]

Circa 3 year old Tesla Model 3’s are cheap now and selling like hot cakes!!