Used vehicle export boom causing supply problems at home
Demand for used vehicles overseas is leading to cars targeted for export selling for up to twice their UK value or more at auction, say independent car information experts CAP. But the used vehicle export phenomenon is not confined to cars, with CAP's experts also reporting a constant flow of trucks, trailers, motorcycles and vans abroad as the export trade grows every day. This trade, supplying almost every continent with used British vehicles, is pushing prices ever higher in the UK and creating shortages of certain models.