Used car sales: these are the models that escape the big price increases


As new car production continues to be severely affected by a shortage of components – due to the limited supply of semiconductors, which are used in everything from backup cameras to safety assistance systems – many people are turning to used cars like never before.

It also has a huge ripple effect on used car prices, especially on models with long wait times for a new release. Data from auto analysts Cap HPI shows values ​​have risen 20.3 percent in the past five months alone, with some cars having jumped nearly 50 percent during that time.

This means that used cars are now more expensive than they have ever been. However, there is still a range of models that continue to offer excellent value for money. Here are the used car bargains still available.

Opel astra

While the Vauxhall Astra may not be the most ambitious car in its class, that has never detracted from its popularity. And this is what works to its advantage if you are looking for a good deal, because with the huge selection of models available, it guarantees you a good deal on a used copy.

So while the soon-to-be-replaced Astra could cost you £ 20,000, looking at nearly new versions you can easily save over £ 5,000. We spotted a 2020 car with less than 10,000 miles on the clock for just £ 13,495 – you’d be hard pressed to find a new town car for that price. Although often overlooked, the Astra is still fun to drive, looks good, and has a practical interior ideal for families.

BMW X3 M Competition

BMW’s M division is best known for its sporty sedans like the M3 and M5, but nowadays the brand’s sporty SUVs play an equally important role. Take the X3 M Competition, for example – the brand’s “entry-level” M model in the SUV lineup, but with its 503bhp 3.0-liter twin-turbo engine under the hood, it’s a long way off. to be basic in terms of performance.

If you wanted a new model, that would set you back £ 83,000 (and that’s before you chose any optional extras). But by looking at used versions instead, you can save a lot of money. We found a 2020 car with just 5,000 miles on the odometer for £ 60,000 which is a huge savings over the original list price.

Mercedes SL

While Mercedes may be gearing up to launch its new “SL” as a flagship of convertibles, its recently discontinued predecessor is well worth your attention. While more old-school in character, this glamorous convertible still drips in class.

Although no longer available for purchase, before production ended, a fresh-from-the-factory version would have cost you over £ 80,000. But today you can expect to find a year-old example with just a few thousand miles on the clock for around £ 65,000. Granted, that’s still a lot of money, but a very generous saving compared to the original asking price.

Audi e-tron

Due to the growing popularity of electric cars, this often means that bargains are quite rare to find. An exception to this rule is the Audi e-tron – the brand’s flagship SUV – which, despite its high-quality, tech-laden interior and comfortable ride, doesn’t hold its value as well as you might expect. .

But that just makes it a great second-hand buy, especially since we’ve spotted a 2020 car with less than 10,000 miles on the clock that can be bought for £ 45,000 – a whopping £ 15,000 saving on what you get. would pay for a brand new model. Just be aware that this applies to the “50” model with the smaller battery option, which only allows approximately 200 miles of electric range.

Volkswagen Arteon

Sometimes the best tip for finding a good deal on used cars is to pick a car that goes unnoticed, and a good example is the Volkswagen Arteon. It’s the brand’s most “executive” model these days, but despite its striking design, it’s often overlooked by buyers who favor a more premium badge.

In doing so, they miss out on its refined driving experience, premium interior and efficient engines. However, you can use it to your advantage, as a 2020 car in a high-end R-Line finish with low mileage is available from around £ 26,000 – an almost ridiculous price of £ 13,000 less than the list price of a new example. So while the value of used cars can increase at a dumb rate, there are certainly still some great deals to be had.

Leave A Reply

Your email address will not be published.