Wednesday, June 06, 2007
New car prices soar
Study reveals a near 25 per cent increase
The price of a new car has risen dramatically over recent years, climbing by almost a quarter within six years.
The average new price is now £17,100
The average cost of a new car in March 2001 was £13,900 but has risen by 23 per cent to £17,100 in March 2007, according to research from EurotaxGlass's.
The same positive price rise trend has been mirrored in the used car sector but mitigated by rising depreciation costs.
DATED: 06.06.07
FEED: MT
The price of a new car has risen dramatically over recent years, climbing by almost a quarter within six years.
The average new price is now £17,100
The average cost of a new car in March 2001 was £13,900 but has risen by 23 per cent to £17,100 in March 2007, according to research from EurotaxGlass's.
The same positive price rise trend has been mirrored in the used car sector but mitigated by rising depreciation costs.
DATED: 06.06.07
FEED: MT
