Data from Cartell.ie clearly shows that the used car market is buoyant, with transactions comfortably exceeding one million – against 976,025 for the same period in 2015. That's an encouraging gain of 7%.
Deeper dissection of search data reveals that motorists appear to be browsing for newer models than previously recorded. The most searched-for year on Carzone is 2016 at 16%, closely followed by 2012 at 10%.
This optimism is reflected by our survey respondents. While the majority (28%) aim to spend between €10,000 and €20,000 on their next car, a significant 27% indicated that they would spend between €20,000 and €40,000, which is an increase on the same period in 2015.