Will the price of 2014 cars drop this year?

Will the price of 2014 cars drop this year?

Can you tell me will 2014 cars drop in price when 152 comes out in July this year?

Our answer:

Hi Anthony,

Yes, but don’t ask us by how much – if we had that sort of financial crystal ball we’d be answering this from the deck of our super-yacht moored in Jamaica. Generally the trend for used car prices will be downward over the next few years; the scarcity of used cars from 2009 to 2013 is starting to be offset by rising sales in 2014 and this year, so the used car car park is starting to grow again.

Shane O'Donoghue

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