26 Feb 2021

Prices for cars unlikely to drop following lockdown disruption

From Checkpoint, 5:40 pm on 26 February 2021

If you're in the market for a new car and have been holding out for prices to drop, you might be out of luck.

A vehicle shortage caused by the pandemic has seen the average sale price for both new and used cars climb since the middle of last year, with predictions once supply returned, prices would go down.

Supply is starting to come back, but as Emma Hatton reports, prices aren't budging.