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The National (Scotland)
The National (Scotland)
National

When selling cars, 32 compromise on price for the sake of a quick sale, study finds

When selling cars, 32% compromise on price for the sake of a quick sale, study finds

Research commissioned by online used-car marketplace Motorway has shown that despite prices for used cars reaching record highs, three quarters (76%) of Brits find the process of selling their car daunting and seven out of ten (70%) are knowingly compromising on cash for a quick sale.

With a third (32%) of us saying we don't have the time to find the best price and one in four (28%) of us accepting the first offer for our car, it's clear that we’re not getting the best value when it comes to selling our motors. In fact, almost nine out of ten (85%) admit the priority when selling a car is simply to get rid of it as quickly as possible, leading to an average loss of almost a thousand pounds (£977) when selling.

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