Cars in South Australia’s northern suburbs are getting more expensive, according to a new report.
The report by the Australian Automobile Dealers Association (AADA) said it was now cheaper to buy used cars in South Australian suburbs than in the rest of Australia.
The AADA report found the average price of a used car in Adelaide, the state’s largest city, has risen from $23,200 in March 2018 to $29,800 last month.
The study also found prices in the state were increasing faster than the national average.
The average price increase in South Africa was 14.6 per cent in April 2018, compared to the same period last year, according the report.
South African retail giant Coles said it would raise prices on used cars by up to 10 per cent to account for higher sales.
It said it is not the only brand to have raised prices on cars.
However, it said it will also make an effort to find new buyers for its cars, especially for older models.ABC News said it has contacted Coles and Holden to find out more.