Auto Trader used car price rise shock

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【Summary】Auto Trader's Retail Price Index reveals that used car retail prices have risen for 41 consecutive months. The Peugeot Partner Teepee experienced the largest increase in value this month, with a year-on-year rise of 17.1%. Other models that saw significant hikes include the Fiat Panda, Volkswagen Beetle, and Hyundai i30. The Mercedes SL Class was the only premium brand model on the list.

FutureCar Staff Aug 30, 2023 11:19 PM PT

In recent times, there has been a lot of news about the declining prices of used electric vehicles (EVs) and which models are losing the most value. The Tesla Model X, Audi e-tron, and Jaguar I-Pace have all experienced significant drops in value over the past year. However, when it comes to traditionally-powered used cars, the situation is quite different.

According to Auto Trader's latest Retail Price Index, used car retail prices have been increasing for 41 consecutive months. This indicates a trend of rising prices in the used car market. Now, let's take a look at which models have seen the biggest price hikes based on the same data.

Looking at the cars sold in the month ending August 20, the Peugeot Partner Teepee stands out as the used car with the highest increase in value, experiencing a year-on-year rise of 17.1%. The top 10 list is mainly comprised of small, affordable cars, including the Fiat Panda, Volkswagen Beetle, and Hyundai i30.

Other models that made it to the list include the Volkswagen up!, Citroen Berlingo, and Hyundai i10. The only premium brand model on the list is the Mercedes SL Class.

Here is the full list of the top 10 used cars that have seen the biggest rise in value this month: