The most soaring used car prices - A frustrated Aussie says it made him throw the car away
More and more Aussies are selling their cars to help ease cost of living pressures, with prices for some used models booming. Since the start of the pandemic, used car prices have risen by a phenomenal 79 percent, and if you own an Audi RS7, Mercedes G, or Toyota Hilux, you could be sitting on a gold mine. The 2021 Hilux has increased in value an incredible 136 percent from $29,000 in June 2021 to $68,500 in June 2022. With Australian inflation now at 6.1 per cent – the highest in two decades – some find the key to financial stability could be in their garage. According to 2021 census data, 55.1 per cent of Australian households own two or more vehicles, and some of them are now abandoning their second car, while others are completely car-free. One of those who decided to sell his one-of-a-kind vehicle was Milli Ogden, who besides facing rising prices was also saving up for his wedding. Milli Ogden (pictured) is selling her car to help cope with rising living costs and saving for