
Used car price growth softens year-on-year, but up a whopping 41.5% on pre-pandemic levels
The latest data from the Auto Trader Retail Price Index (RPI), which is based on daily pricing analysis of circa 900,000 vehicles, revealed that the average price of a used car increased 23.7% on a year-on-year (YoY) and like-for-like basis in June. Although it’s the 27 th month of consecutive YoY price growth, it marks a further softening in the