difference in volume of new and used cars, the lower prices of used cars diminish the relative importance of the market.
This statistic compares the market value for used and new cars in the United Kingdom (UK) between 2003 and 2014, in billion British pounds. The used car market has grown thanks to the recession as more people now are looking for ways to save money. However, when compared to theMarket value of new and used cars sold in the United Kingdom (UK) between 2003 and 2014 (in billion GBP)
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British Car Auctions. (August 30, 2015). Market value of new and used cars sold in the United Kingdom (UK) between 2003 and 2014 (in billion GBP) [Graph]. In Statista. Retrieved May 21, 2022, from https://www.statista.com/statistics/299855/market-value-of-new-and-used-cars-in-the-united-kingdom/
British Car Auctions. "Market value of new and used cars sold in the United Kingdom (UK) between 2003 and 2014 (in billion GBP)." Chart. August 30, 2015. Statista. Accessed May 21, 2022. https://www.statista.com/statistics/299855/market-value-of-new-and-used-cars-in-the-united-kingdom/
British Car Auctions. (2015). Market value of new and used cars sold in the United Kingdom (UK) between 2003 and 2014 (in billion GBP). Statista. Statista Inc.. Accessed: May 21, 2022. https://www.statista.com/statistics/299855/market-value-of-new-and-used-cars-in-the-united-kingdom/
British Car Auctions. "Market Value of New and Used Cars Sold in The United Kingdom (Uk) between 2003 and 2014 (in Billion Gbp)." Statista, Statista Inc., 30 Aug 2015, https://www.statista.com/statistics/299855/market-value-of-new-and-used-cars-in-the-united-kingdom/
British Car Auctions, Market value of new and used cars sold in the United Kingdom (UK) between 2003 and 2014 (in billion GBP) Statista, https://www.statista.com/statistics/299855/market-value-of-new-and-used-cars-in-the-united-kingdom/ (last visited May 21, 2022)