Used Car Market 2024 Predictions Uk. Our panel was asked whether they thought used car prices will drop in 2023 and to predict how the second hand car market might perform in 2024 too. Used car prices are still falling in january but there are plenty of reasons to be positive about the market in 2024, believes auto trader’s ceo.

Uk used car market grows 4.1% in q1 2023 after three successive quarters of decline. When it comes to used car prices, supply and demand drive the market.