SECONDHAND VALUES ON THE UP

Used car values increased in August for the first time in months, according to Auction4Cars, the UK’s fee-free car auction website. A price hike of £177.49 between July and August saw average used car values rise marginally to £2587.74 (equivalent to a 7.36 per cent increase). Used cars values have been falling since April, gradually cancelling out the highs of 2009 – bringing them more in line with those of 18 months ago.

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