The best value used cars in Britain can now be found in Liverpool, which boasts the best combination of price, newer cars and lower mileage, analysis by AA Cars, the AA’s used car website, has revealed.
The average asking price for a used car in Liverpool is £10,557. In the city, the average car listed for sale is 4.1 years old and has just 32,073 miles on the clock – a winning combination that makes it the best value place to buy a used car in the UK.
There has been increasing activity in the second hand car market since lockdown eased. Used car sales increased by 60.6% in June, the month dealerships were allowed to re-open across Britain, compared to May. Searches and car views on the AA Cars site were also 9% higher in August than they were in July.
AA Cars has recently relaunched its marketing campaign to help drivers buy a car with confidence. From September 2020 to January 2021, its campaign will highlight its Approved Dealers scheme, which allows dealers to demonstrate that their vehicles are inspected to the very highest AA standards. It also prominently lists history checks on the website, to give customers access to vital information about the car’s mileage, MOT, and accident and crime records. The goal is to instil confidence in the used car market as drivers return.
With many drivers believed to be in the market for a car so they can continue social distancing by avoiding public transport, AA Cars’ analysis has also revealed that now may be a good time to buy. The research has shown cars are on average £531 cheaper than they were in January, with average prices falling from £12,097 to £11,566.
AA Cars analysed 40 cities and towns around the UK to find where buyers can find the best value.
Winsford, in Cheshire, had the lowest average used car age, at just 3.6 years and finished third in the overall ranking for the best value places to buy a used car. It was also top for mileage, at 24,181 miles on the clock on average. The average cost is higher than Liverpool at £13,576, however.
Bedford, in Bedfordshire, is home to the least expensive vehicles at £7,925, but the price is brought down by the average mileage of 68,852, which is the highest among the 40 towns and cities analysed by AA Cars. Its cars are also the oldest, at 7.7 years.