Rising Car Values: Repair vs Salvage

The last year or so has seen two trends emerge in the motor sector; global car parts supply shortages, plus the rapid acceleration of the Net Zero agenda. Add in a dollop of furlough cash and some bounceback loans and what do you have? Rising demand for clean, low miles, used cars. Brits have been on a used car buying spree since lockdown became a way of life, which has driven secondhand vehicle prices up by 55% in some cases.

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