European Used Car Prices Skyrocket 20% Over The Last Year

Used car prices are soaring across Europe, just like they are in most corners of the globe.

An analysis from AutoScout24 as part of its Used Car Price Index has revealed that in November 2021, used car buyers were paying an average of 18 percent more than they did in November 2020. That translates to an extra €3,726 ($4,207), a significant sum for most consumers.