Export demand for used cars is driving prices to unnatural levels

Researchers for CAP Black Book, the used car valuation tool, are reporting "crazy" price tags attached to vehicles destined for export – with many selling for fees far beyond their normal market values.

CAP cites the example of a six-year-old Citroen C8 that recently sold for export with a price tag of £5,500 – some £3,000 more than its UK retail value. Similarly, a five-year-old Audi A4 destined for other shores sold for £15,400 – "more than double" its CAP trade value of £7,175.