CAR sellers are providing drivers as much as £10,000 to purchase again their used automobiles.
The money incentives — typically from the seller they purchased from — come amid surging demand for practically new motors.
High fashions can appeal to large sweeteners, and sellers are even providing money for extra inexpensive automobiles such because the Ford Fiesta and VW Polo.
One Land Rover proprietor in Surrey instructed The Solar on Sunday he was supplied £10,000 on prime of the unique buy worth to promote a car he had purchased simply months earlier.
The motive force mentioned: “It’s unbelievable. The automotive market is on its head for the time being.”
And a gross sales rep at Lookers Mercedes-Benz dealership in Sevenoaks, Kent, mentioned: “If a seller has a purchaser prepared to pay above market worth, they may attempt to supply that automotive from wherever they’ll.”
The spike in demand has been brought on by a world scarcity of pc chips, which has hampered manufacturing of latest vehicles.
As a substitute, these seeking to keep updated on the street need to practically new fashions.
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That has despatched second-hand automotive costs up by 57 per cent since 2019, the AA says.
An AA spokesman added: “Some vehicles have seen extraordinary worth development.
“However this new improvement takes motor retail to an nearly weird degree.”
https://www.thesun.ie/motors/8357406/car-dealers-second-hand-cash/ Automobile sellers providing drivers as much as £10,000 to purchase again second hand motors amid surge in demand