Used car prices rise with surprising model leading the way

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

FutureCar Staff Sep 06, 2023 7:04 AM PT

Used car prices rise with surprising model leading the way

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 biggest drops in value. Models such as the Tesla Model X, Audi e-tron, and Jaguar I-Pace have all seen significant 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 on the rise for the past 41 months. This indicates a positive trend in the market for used cars.

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

The top 10 list includes small and affordable cars like the Fiat Panda, Volkswagen Beetle, and Hyundai i30. Other models on the list are the Volkswagen up!, Citroen Berlingo, and Hyundai i10. The only premium brand model to make 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: