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View Full Version : New Cars Now Cheaper Than Used Cars?


rushmere
11-10-2009, 08:03 PM
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"What Car?" reports (http://www.whatcar.com/car-news/new-cars-cheaper-than-used/243881) 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 (http://news.bbc.co.uk/1/hi/business/8018363.stm), 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."