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U.K. Used Cars Are Getting More Expensive Than New Equivalents

Photographer: Chris Ratcliffe/Bloomberg
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If you’re living in the U.K., chances are that you’ll have to pay more for a used car than its brand-new equivalent.

Dealers are having such a tough time sourcing autos that 17% of vehicles no more than a year old are now more expensive than their new equivalents, according to Auto Trader Group Plc. That’s up from just 4% at the start of the year, the U.K. vehicle marketplace said Wednesday.