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Car prices in uk 2022


Cheapest cars on sale in the UK
  • Dacia Sandero: £12,595.
  • MG3: £13,295.
  • Kia Picanto: £13,400.
  • Hyundai i10: £13,430.
  • Dacia Sandero Stepway: £13,795.
  • Citroen C3: £13,995.
  • Volkswagen up!: £14,070.
  • Fiat Panda: £14,485.

Will UK used car prices drop in 2022?

Used car prices have remained strong in 2022 despite the UK experiencing record levels of inflation and falling consumer confidence. According to the latest Used Car Price Index for November 2022, the average asking price of a five-year-old car was up 5.57% on the previous month.

Will car prices drop in 2022?

Average prices were up 42.5% in September 2022 vs. February 2020. Used car prices have likely peaked, but new car prices are set to remain elevated through end-2022. In 2023, prices are expected to decline by 2.5% to 5% for new cars and by 10% to 20% for used cars.

Will car prices drop again UK?

“While there is no doubt the UK's used car market faces challenges in quarter four and into 2023, Glass's does not expect a crash in used car values. There is likely to be more depreciation than we have seen over the past two years, but that is not unusual as cars have historically been a depreciating asset.

What is the best car to buy in the UK 2022?

Overall winner: Kia EV6 Choose any of our 2022 award winners and you'll be getting an absolutely fantastic car that's better than all of its direct rivals. However, the overall Car of the Year award is reserved for the model that has moved things on the farthest in the past 12 months. And this year, that's the Kia EV6.



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