Will Used Car Prices Drop Uk 2024. Auto trader’s analysis also highlights a worrying decline in private car sales, estimated at 740,000 units in 2024—a 27% drop compared to 2019. If the current rate of used car sales continues, 2024 could be the best year for the second hand car market since before the pandemic.
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. That’s according to research by auto.