Pretty much this, it’s had limited news coverage, but as well as car makers stopping production in the UK (e.g. some Ford, all of Honda), a number of brands are leaving - notably Mitsubishi, or pulling many of their less popular lines. Add to that Brexit bureaucracy and import delays and it’s the full clusterfuck.
The rest of it is supply-and-demand - an unhealthy spiral similar to house prices.
I don’t necessarily disagree with any of that… but prices are lively in big chunks of Europe and its actually affecting inflation in the US. With older cars, there seems to be an argument that accrued furlough cash is finding an outlet there in countries that have been paying it.
I only drive around 4000 miles a year most journeys are less than 40 mile round trips. I am in the market for a quality car. Must be an Auto saloon with decent build quality, I’m not into the new car every couple of years thing for instance my last two cars have served us well for just over 10 years.
I don’t follow car fashion or prices so looking for some guidance and / or advice.
Budget around 10K