How is coronavirus going to affect the prices of used cars?

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How is coronavirus going to affect the prices of used cars?

How do you think covid-19 will affect the used vehicle market once lockdown is eased?

Asked on 1 May 2020 by Gareth Jones

Answered by Andrew Brady

If anything, prices will go up. Car factories have closed so there is short supply of new vehicles, meaning buyers will turn to the second-hand market. Read more here: www.honestjohn.co.uk/news/coronavirus/2020-03/coro.../

Tags: used cars coronavirus covid 19 lockdown

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