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el_presidente
hugo7
I think saying the market is broken in relation to 2nd hand cars is a bit of a stretch.
When I was younger, 2nd hand cars were a lot more expensive. It's only the comparatively recent proliferation of dirt cheap finance that has tanked the 2nd hand market.
I may be biased, but when we were looking for a car in 2018, it seemed as though >£8k you really had to start asking yourself why you'd roll the dice on a reasonable mileage newish 2nd car, when you could just buy a new car with a real warranty.
That is the part of the market that is broken. Not, in historical term, this relatively small bump in 2nd hand car prices.