The manager of a Longford car dealership admits there is a perfect storm which is seeing a large increase in prices being asked for second hand vehicles.
Used car prices have jumped by 50 percent since January 2020, according to a new study.
The DoneDeal research has found in the third quarter of this year alone, inflation in the sector rose by 10.6 percent.
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It's believed the pandemic as well as the impact of Brexit are behind the sharp increases.
Kevin O'Reilly is the manager of a dealership which sells Nissan and Volkswagen cars.
He admits that the industry is facing several challenges at present :
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