Why are used car prices falling so sharply? LUNCH MONEY


Used car prices have suddenly gone into reverse after climbing sharply over recent years – with some cars losing almost 30 per cent of their value since Easter.

Why have car prices fallen so fast, what does this mean for owners and which are the most affected models?

On this episode of Lunch Money, Simon Lambert and Lee Boyce look at what’s going on in the second hand and new car market.

Plus, the Kew Gardens 50p that sold for £6,800 – what made this coin so valuable and could you find one like it in your change?

And finally, investors will have heard lots about the Magnificent Seven this year. Victoria Scholar, from interactive investor, talks us through why this bunch of US tech-related stocks have been riding so high, why that has mattered so much for investor returns, and what could happen next.

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