More than eight out of 10 used car dealers (84%) anticipate a decline in used car prices and values this year, according to Startline research.
The March Startline Used Car Tracker suggests 20% think the rate of the price fall will accelerate, 28% believe it will continue at the current speed and 36% think the price drop will be less severe.
Paul Burgess, CEO at Startline Motor Finance, said: “Over the last year, used car prices and values have fallen by about a fifth caused by factors such as gradually increasing stock supply and reduced consumer demand.
“The general view