Why There Are No Affordable Used Cars Anymore

The £5,000 used car didn’t quietly get more expensive. It vanished. Here’s what really happened – and why this mess isn’t ending any time soon

Not that long ago, £5,000 bought you freedom. A sensible hatchback. Five or six years old. One careful owner, a stamped service book, Bluetooth that worked most of the time, and an engine that would outlive your next phone contract. It wasn’t glamorous, but it was dependable, affordable motoring – the backbone of everyday Britain. Fast forward to today and that car has all but disappeared.

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