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New Cars Now Cheaper Than Used Cars?

Discussion in 'Front Page News' started by copenworld, Oct 11, 2009.

  1. copenworld

    copenworld Copenworld Founder Staff Member

    Joined:
    Sep 21, 2009
    Location:
    Auckland, NZ
    Car(s):
    Copen
    [​IMG]

    "What Car?" reports the rather surprising news that it can actually be cheaper to buy a new car than to buy a used one.

    The discrepancy arises due to the scrappage scheme, which can give you a £2,000 discount if you have an old car to trade in.

    "What Car?" reports "It's a bizarre market this year: new car prices have already risen by 9.5%, but used car prices are an astonishing 30% higher than they were a year ago."
     
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