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Used car prices soar as commuters shun public transport over COVID fears – NEWS.com.au
Used car prices soar as commuters shun public transport over COVID fears
Used car prices continue to soar as commuters shun public transport, fearing COVID-19 contagion.According to data analytics firm Datium Insights, used motor vehicle prices rose by 4.4 per cent last week after increasing by 2.1 per cent in the previous week, and stock remains considerably low.
In terms of category, prices of SUVs rose the most, up 5 per cent, while passenger vehicles gained 4.7 per cent.
Among the top traded vehicles, resale prices for Toyota Hiace and Volkswagen Golf were up 1…
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