Used Car Market - Difference between US and UK?
Used Car Market - Difference between US and UK?
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Discussion

Nexus5

Original Poster:

11 posts

145 months

Monday 10th August 2020
quotequote all
I noticed a chart on Twitter (https://twitter.com/mikekilinski/status/1292831059122429952) showing a rise in Used Vehicle prices (more demand than supply) despite COVID19 etc. Do people think there could be a situation like that here?

FWIW I think US and UK markets quite different, because anecdotally seems like a lot of cars for sale on Autotrader / PH etc. Also US has more of a driving culture than here.

I'm personally interested in picking up something myself but probably feel its too soon to buy.

Thanks

RUSTILLDOWN

370 posts

97 months

Monday 10th August 2020
quotequote all
Interesting post, not sure if anyone has an opinion on this?

NMNeil

5,860 posts

79 months

Monday 10th August 2020
quotequote all
Many States don't have the equivalent of an MOT, and many have no emissions testing. That's probably why we have more junkers on the road and for sale.
So you can buy either of these, get the title put in your name, insure it, and drive it away.
https://albuquerque.craigslist.org/cto/d/edgewood-...
https://albuquerque.craigslist.org/cto/d/edgewood-...

Camelot1971

2,847 posts

195 months

Monday 10th August 2020
quotequote all
The US and UK markets are completely and utterly different so there is no point comparing them to be honest.