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Used car values and your insurance policy

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By John Healy of Healy Insurances

According to some recent surveys used car values have increased substantially over the past two years.

A survey from Cartell.ie, an automotive data supplier, showed the average second hand car is worth 16% more now than last year. A second survey completed by DoneDeal confirmed used car prices are nearly 50% higher than they were before the pandemic in January 2020.

The analysis from DoneDeal, in conjunction with Trinity College and NUI Galway, found that in the three months to June, used car prices have increased by 10.6%. Not only that, but the research indicates that prices are still increasing and the rate appears to be speeding up.

What is driving this increase?

It is a combination of factors including Brexit and the trade issues that have been created as well as the continuing supply chain challenges brought about by the pandemic.

In addition, lead in times for delivery of new vehicles have been extended primarily due to a global shortage of microchips.

There has also been a huge decrease in imported vehicles from the UK since Brexit and this is certainly adding to the price inflation.

From an insurance perspective most insurers operate on a pre-accident value format in the event of a claim. The pre-accident value is calculated by the assessor based upon market trends and so should take into account the current spike in prices. However, some insurers use the vehicle value when rating the policy. It is advisable to review the vehicle value in advance of your renewal date and update it if necessary.

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Regatta Queen crowned at annual dance

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The annual Killarney Regatta Dance took place on September 25 as rowers, families and supporters came together to celebrate their successful year.

The racing was cancelled in September due to bad weather.

The Killarney Regatta is one of Ireland’s oldest rowing events, having first begun in 1788.

The dance took place at the Killarney Oaks Hotel where there was a lot of excitement and fun. Six rowing clubs, Fossa, Workman’s, St Brendan’s, Commercials, Flesk Valley, and Muckross, came together to celebrate the community and its shared history.

Amelia Counihan was crowned as the Regatta Queen.

The Queen represents the spirit pride and grace of the rowing community and has been a tradition in the club for generations.

Workman’s Rowing Club congratulated Amelia and described her as a woman who embodies everything that their tradition stands for.

The club said: “Queen is more than a title — it is a celebration of history, community, and the spirit of Killarney rowing.”

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Killarney Looking Good competition celebrates community pride

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The annual Killarney Looking Good competition took place at the Great Southern Hotel on Wednesday night where Kerry GAA captain Gavin White presented the awards to the deserving recipients.

Killarney Park Hotel came out on top with the overall prize being awarded to the newly refurbished five-star hotel.

The judges were impressed by the stylish new entrance and driveway and their spectacular display of flowers and window boxes. Killarney Park won the same award back in 1992.

The best large commercial premises award went to Killarney Racecourse, and the best small commercial premises was awarded to Sheahan’s Pharmacy.

Charlie Foley’s won the best public house; best restaurant was 40 Main and Walsh Bros Shoes was named best retail.

In the residential categories, the best private residence was Tomies View, Ross Road, best large estate went to Countess Grove, and best small estate was won by Coolgreane Park.

The winner of the 2025 Fr Michael Murphy Memorial Pride of Place Award was presented to the Killarney Asylum Seekers Initiative while the Yvonne Quill Memorial Volunteer of the Year Award winner went to Margaret Curtin.

The Killarney Looking Good competition is organised by Killarney Municipal District Council and Killarney Chamber of Tourism and Commerce and sponsored by MD O’Shea’s & Sons and O’Mahony Media.

The competition aims to encourage residents and business owners to keep the town looking well through the use of flowers, hanging baskets, colour schemes.

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