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Second hand car prices increase in value

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Used cars are now holding their value better than any time in recent Irish history.

New research by TCD and NUIG economist Dr Tom Gillespie for classified car sales website
DoneDeal reveals that, potentially, a 2015 registered used car purchased on January 1, 2020 may now be worth more in July 2021, even after adding 20,000km to the car.

Dr Gillespie said that there are several reasons behind the value increase, including a shortage of new cars due to pandemic factory closures, less UK imports as a result of Brexit, pandemic savings by the general public, and the decreased usage of cars during lockdowns.

According to the newly developed data, used car prices have increased by 40% in the year from June 2020 to June 2021.

This increase in prices has outweighed depreciation rates for most vehicles and is having the greatest impact on the lower end of the market said the report.

However, David Randles, of Randle Bros on the Muckross Road and chairman of the Kerry branch of the Society of the Irish Motor Industry (SIMI) said that these figures only applied to ‘in-demand' cars like a Nissan Qashqai or a Ford Focus or similar or cheaper ‘starter' cars.

“The reality is it has never been a better time to buy new,” Mr Randles told the Killarney Advertiser. “A customer with a trade-in worth €15,000 a year ago might get €16,000 or more for certain models.”

Beginner cars are also increasing in value, mainly due to scarcity in the market.

“Two years ago, a 10-year-old car might make €2,000, now they could get up to double that,” he added. “Someone with a second car that they don’t need could get the most benefit out of all this if they chose to sell.”

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Two Rally Legends added to Rally Masters line-up

Killarney Rally Masters has confirmed two more high-profile additions for its event at Killarney Racecourse on Saturday, September 27. Irish rally icon Andrew Nesbitt and Swedish star Kalle Grundel have […]

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Killarney Rally Masters has confirmed two more high-profile additions for its event at Killarney Racecourse on Saturday, September 27.

Irish rally icon Andrew Nesbitt and Swedish star Kalle Grundel have been added to the list of competitors.
Nesbitt will drive his famous Mitsubishi Lancer WRC, the car he used to win the 2006 Donegal International Rally. The Killarney event will be the last chance for Irish fans to see the car before it heads to San Marino for Rally Legend the following weekend. Nesbitt is a two-time winner of the Rally of the Lakes.
In a remarkable story, Grundel will be reunited with a man involved in a frightening incident from the 1986 Circuit of Ireland Rally. Nearly 40 years ago, Grundel’s Ford RS200 struck a young spectator who ran onto the road. The man, now grown, will meet Grundel for the first time at the Killarney event. An RS200 will also be part of the reunion.
The one-day showcase will feature 50 cars from the Group B, Group A, and early WRC eras. Other confirmed drivers include Billy Coleman and Patrick Snijers in BMW M3s, and World Rally Championship driver Josh McErlean in a Ford Focus WRC.
Organised by Killarney and District Motor Club, with support from Motorsport Ireland and Kingfisher Insurance the event will raise funds for the Jack and Jill Foundation and Laura Lynn Children’s Hospice.
Tickets are already selling fast and organisers expect a sell-out well in advance of rally day.

Rally Masters Ireland
Date: Saturday, 27 September 2025
Venue: Killarney Racecourse
Gates Open: 10.00am
Tickets: Adult €25, Family (2 adults + 2 children) €60, Under 18s €10, Under 10s free (with adult, must be pre-booked)
Tickets available now via Eventbrite: – subject to a booking fee
https://www.eventbrite.com.au/e/rally-masters-killarney-tickets-1561967971249

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Cannonball Supercar run route to Brehon confirmed

The Killarney stage of the 2025 Cannonball Run has been confirmed with more than 200 supercars and hypercars set to arrive in the town on Friday, September 12. After leaving […]

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The Killarney stage of the 2025 Cannonball Run has been confirmed with more than 200 supercars and hypercars set to arrive in the town on Friday, September 12.

After leaving the Cork city lunch halt the cars will roll into Killarney at around 5:45pm, finishing the opening day at The Brehon Hotel.
Spectators will be able to view the cars at the car parks of The Brehon and The Gleneagle Hotel, with the line-up expected to include Ferrari, Lamborghini, McLaren, Porsche, Aston Martin and Maserati models, along with headline cars such as a Koenigsegg Regera, a McLaren Senna, and a Ford GT Heritage Series in Gulf Oil livery.
On Saturday, September 13, the convoy departs Killarney at 10am and will head for Circle K Ballysimon, Limerick, where it is due to stop for fuel at 11:30am before continuing north towards Sligo.

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