The buoyant secondhand vehicle market is starting to unwind after a pandemic spike

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“We’re seeing much better supply in the new car market now,” James Voortman, chief executive of the AADA, said.

Sharp rises in interest rates over the past 18 months translated to “a bit more nervousness among consumers”.

The report found that for vehicles two-to-four years old, the best performers in retaining their value for the SUV segment were the Suzuki Jimny, Toyota Yaris Cross, and the Toyota Landcruiser. The Landcruiser was the standout for vehicles in the…

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