Rising used car prices: Shock model tops Auto Trader's list

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【Summary】Used car prices have been rising for 41 consecutive months, with the Peugeot Partner Teepee experiencing the largest increase in value this month, at 17.1%. Other models that have seen significant hikes include the Fiat Panda, Volkswagen Beetle, and Hyundai i30. The list is dominated by small, affordable cars, with the Mercedes SL Class being the only premium brand on the list.

FutureCar Staff Aug 29, 2023 9:15 AM PT

Rising used car prices: Shock model tops Auto Trader's list

In recent times, there has been a lot of news about the decreasing prices of used electric vehicles (EVs) and which models are experiencing the most significant drops in value. However, the situation is quite different for traditionally-powered used cars.

According to Auto Trader's latest Retail Price Index, used car retail prices have been consistently rising for 41 months in a row. This indicates a strong demand for pre-owned cars in the market.

Using the same data, we can now identify the used car models that have experienced the biggest value increases this month. The figures, which analyze cars sold in the month ending August 20, reveal that the Peugeot Partner Teepee has seen the most significant rise, with a year-on-year increase of 17.1%.

The top 10 list is mainly composed of small, affordable cars. Models like the Fiat Panda, Volkswagen Beetle, and Hyundai i30 have all made it to the list. There are also entries from Volkswagen, Citroen, and Hyundai, with the Mercedes SL Class being the only premium brand model to appear.

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