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6 Dec 2021 18:49
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  •   Home > News > Business

    Covid 19 has driven a spike in used-car prices

    Covid 19 has driven a spike in used-car prices


    Trade Me Motors data shows the median asking price for used vehicles has risen 35 per cent since 2019 - up to almost 13-and-a-half-thousand dollars in July.

    Driven dot co dot nz deputy editor David Linklater says there've been supply and demand issues since the first Covid-19 lockdown.

    He says dealers can't get enough used cars - it's hard to buy them overseas, ship them here and when they arrive there's huge demand.

    © 2021 Newstalk ZB, NZCity

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