Used Car Prices Soar with Surprising Model Leading the Pack

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【Summary】Used car prices have risen for 41 months in a row, with the Peugeot Partner Teepee experiencing the biggest increase at 17.1%. The list of top 10 cars with the highest value growth also includes models such as the Hyundai i10, Volkswagen Beetle, and Mercedes SL Class. Premium brands are represented by the Mercedes SL Class.

FutureCar Staff Aug 31, 2023 6:25 AM PT

Used Car Prices Soar with Surprising Model Leading the Pack

In recent times, there has been a constant stream of news about the decreasing prices of used electric vehicles (EVs) and which models are experiencing the greatest decline in value. The Tesla Model X, Audi e-tron, and Jaguar I-Pace have all suffered 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. Now, let's take a closer look at which models have experienced the most significant price increases based on the same data.

Examining the data for the month ending August 20, we can see that the Peugeot Partner Teepee has seen the largest increase in value, with a year-on-year rise of 17.1%. The top 10 list is mainly comprised of small, affordable cars such as the Fiat Panda, Volkswagen Beetle, and Hyundai i30.

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

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