Prices on some cars have increased significantly this year, triggered by the expansion of the ultra low emission zone (ULEZ) across all London boroughs.
One of the UK’s biggest used car marketplaces, Motorway, has examined the sales of cars under five years old, which would comply with the ULEZ rules. In its report, Motorway found that some brands saw an increase in price of more than 30 percent.
The median average price of the electric Kia Soul rose by 45 percent in 2023, compared to the previous year, with the price reaching £20,313. The analysis compared the most recent price evaluation to the 2021–2022 number, which was £14,000….