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Used vehicle prices soared amid supply-chain constraints, creating a boom that some experts have speculated may be about to go bust
Covid-19 and downturn in new car sales over the past two years make sourcing used cars a challenge
South African households are under financial stress due to Covid-19, with many struggling to make vehicle loan repayments 18 months into the pandemic
The firm believes the second-hand vehicle business will thrive in a post-Covid world
Vehicle repossessions in South Africa appear to have bottomed out, a sign that the worst of the recession might be over.
Used-car purchases are soaring in India, the world’s second most populous country.
