Secondhand cars are holding their value, as supply issues hit the new and used market
Secondhand cars are holding their value, as supply issues hit the new and used market
28 June 2021
Used 2020 models of some of New Zealand's most popular cars are being auctioned on Trade Me for close to the same price as this year's editions.
Head of Trade Me Motors Jeremy Wade says there's definitely a rise in prices across the whole secondhand market.
He says prior to Covid, the average listing price was 18-thousand dollars, now it's nearly at 20-thousand.
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