Used car prices skyrocket with surprising model leading the pack

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【Summary】Used car prices have been rising for 41 months in a row, with the Peugeot Partner Teepee seeing the biggest increase of 17.1% this month. The top 10 list also includes the Fiat Panda, Volkswagen Beetle, and Hyundai i30. The Mercedes SL Class is the only premium brand on the list.

FutureCar Staff Sep 03, 2023 11:39 PM PT

Used car prices skyrocket 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 losing value the most. Popular models like the Tesla Model X, Audi e-tron, and Jaguar I-Pace have all experienced significant drops 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 41 consecutive months. This indicates a positive trend in the market for used cars.

Now, let's take a look at the models that have experienced the biggest price increases. Using the same data, we can identify the used cars that have seen the highest value appreciation this month.

Based on the figures for cars sold in the month ending August 20, the Peugeot Partner Teepee has seen the largest increase in value, with a year-on-year rise of 17.1%. This is quite a significant jump.

The top 10 list of used cars with the biggest price hikes is dominated by small, affordable cars. Models like the Fiat Panda, Volkswagen Beetle, and Hyundai i30 have all made it to the list. Other notable entries 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 experienced the greatest rise in value this month: