UK used car market ‘approaching tipping point’ – Glass’s

The used car market is starting to reach the long-predicted tipping point into oversupply – with values coming under pressure as a result, reports Glass’s. Rupert Pontin, head of valuations, said that the volume of vehicles at auction had already increased by 3.7 per cent in 2016 and that a wide range of models were starting to fall in value as a result.

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