Five reasons why used car prices are on the rise

Cars typically start to lose value as soon as you drive them off the forecourts so what is happening this year? Here are some of the factors influencing used car prices. 1) Brexit Following months of negotiations, a Brexit deal was finally secured last Christmas Eve. However, it was not good news for car buyers and now if importing a car from the UK you have to pay VAT and in some cases customs duty of 10%. As are result in...