Tom Leathes, CEO of Motorway said: “We’re at a point of low consumer confidence in the UK. With continued uncertainty about Brexit, Brits are being cautious with their money.
“We’re spending less and putting off any major purchases – instead of buying a new car, consumers are holding onto their current cars for longer, so there’s less stock out there for dealers to buy.
“What this means is that there’s never been a more significant time for motorists to secure a good deal on selling their car than right now – they just need to find the best one.”
Understand the value of a car
Doing the right research when it comes to pricing is vital to securing the best deal possible for your used car.
Overall value is determined by a range of factors such as the age of the car, mileage, current condition and service history but market value is still vital.
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