Mon. May 20th, 2024
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SECOND-hand car prices have raced up since 2019 — with the Vauxhall Corsa almost doubling.

The 950,000 Corsas in the UK have on average increased to £2,197 from £1,136, a 93 per cent rise.

Corsas in the UK have on average increased to £2,197 from £1,1361

Corsas in the UK have on average increased to £2,197 from £1,136Credit: Handout

Next is the Vauxhall Astra, up from £1,069 to £1,998 — an 87 per cent jump, says Auto Trader.

The Renault Megane in third was up 80 per cent.

In the same time, gold rose 21 per cent, UK homes 24 per cent and the FTSE100 3 per cent.

Corsa owner Andy Fitzgerald, 43, of St Albans, Herts, said his 2002 model had 120,000 miles on the clock, but was still going strong.

The garage owner said: “I love my little Corsa, but if someone offered me two grand for it, I’d bite their hands off.”

Erin Baker, of Auto Trader, said: “While you might not think your car is old enough to be a classic, it may hold a hidden value. Don’t view it as another junk item.

“Using only independent market data taken from millions of vehicles each day, it provides a totally unbiased valuation in minutes. It is the platform to find out what your car is really worth.”

Top eight most expensive second hand cars

1. Vauxhall Corsa (£1,136 to £2,197, up 93%)

2. Vauxhall Astra (£1,069 to £1,998, up 87%)

3. Renault Megane (£1,043 to £1,882, up 80%)

4. Ford Focus (£1,066 to £1,863, up 75%)

5. Peugeot 307 (£979 to £1,678, up 71%)

6. Ford Mondeo (£1,544 to £2,298, up 49%)

7. Ford Fiesta (£1,171 to £1,707, up 46%)

8. VW Golf (£1,766 to £2,434, up 38%)

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