Brexit and climate change help drive up the cost of secondhand cars 

Potential customer seeks a used car: Brexit has placed new barriers to trade thereby disrupting the regular flow of UK used cars into the Irish market.

Brexit, climate-change-induced cold weather in Texas and droughts in Taiwan and even the blockage of the Suez Canal in Egypt are some of the factors that contributed to what DoneDeal's latest Used Car Price Index says is a 40% rise in the price of used cars in the space of just a year.

Cars are now holding their value for longer due to a lack of supply and intense demand, with some cars even appreciating in value.