Value loss of cars sold at auction by age group in the United Kingdom (UK) 2016

This statistic shows the average difference in price of cars sold at auction relative to their original price when sold new according to age group in the United Kingdom (UK) in January 2016. Cars aged between 0 and 2.5 when they were sold at auction, on average, maintained 55.3 percent of their original value. This loss of value increased with age so that cars older than 10.5 years, on average, were worth only 5 percent of their original value.

Value loss relative to original price of cars sold at auction in the United Kingdom (UK) in January 2016, by age group

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Source

Release date

January 2016

Region

United Kingdom

Survey time period

January 2016

Supplementary notes

Data collected from National Association of Motor Auctions (NAMA) members.

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Statistics on "Automotive dealerships in the United Kingdom (UK)"

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