South East Clare Car Dealer Believes Shortage Of Market Supply Could Last Years

A South East Clare car dealer believes a lack of supply in the market could last for a number of years.

It comes after a new study by DoneDeal has found inflation increased by up to 40 percent in the last year, meaning some motorists who bought a used car in 2020 could sell it on this year for a profit.

Brexit and the pandemic are being cited as key factors for the shortage of second hand vehicles.

Michael Breen of N18 Autos in Newmarket-On-Fergus believes demand could outstrip supply in the market for a long time to come.