Used car prices rise with surprising model leading the pack

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【Summary】The Peugeot Partner Teepee has seen the biggest rise in value this month among used cars, with a year-on-year growth of 17.1%. Other cars that have seen significant increases in value include the Fiat Panda, Volkswagen Beetle, and Hyundai i30. The list is dominated by small, affordable cars.

FutureCar Staff Aug 30, 2023 9:18 AM PT

Used car prices rise with surprising model leading the pack

In recent times, there has been a lot of news about the declining prices of used electric vehicles (EVs) and which models are experiencing the most significant drops in value. The Tesla Model X, Audi e-tron, and Jaguar I-Pace have all seen substantial decreases in value over the past year. 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 steadily increasing for 41 consecutive months. This indicates a positive trend in the market for pre-owned vehicles.

Now, let's take a look at which models have experienced the most significant price hikes. Analyzing the same data, we can reveal the used cars that have seen the highest increase in value this month.

Based on the figures for cars sold in the month ending August 20, the Peugeot Partner Teepee has seen the biggest rise with a year-on-year increase of 17.1%. This demonstrates a significant boost in value for this particular model.

The list of top 10 used cars with the highest value increase is dominated by small and affordable cars. Models like the Fiat Panda, Volkswagen Beetle, and Hyundai i30 have all made it into the top rankings.

Other notable mentions on the list include the Volkswagen up!, Citroen Berlingo, and Hyundai i10. The only premium brand model to appear in the top 10 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: