Used car prices are now 63.7% higher than before pandemic as demand soars

The DoneDeal Motor Price Index shows that the price rise for cheaper cars is running at almost 100% compared to before the pandemic

The price of a car is now 63.7% more than just before the onset of Covid-19, with the author of new report saying the rising costs are the "canary in the coal mine for inflation in the wider economy".

The DoneDeal Motor Price Index shows that the price rise for cheaper cars is running at almost 100% compared to before the pandemic, with a knock-on impact on efforts to tackle emissions — and with many more used electric vehicles needed in the market.