Victory for the 'Mondeo Man': Value of Ford Mondeos soars along with Vauxhall ... trends now
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The value of Ford Mondeos has soared along with Vauxhall Corsas and Renault Meganes - as second-hand cars have out-performed the stock market and the price of gold.
The cost of the second-hand Corsa shot up 93 per cent in the past four years - with a study by Auto Trader finding that the humble make - first on the market in 1993 and selling just over two million in the UK since - was top of the league for modest motors.
They found that the price of the cars had easily out-performed the price of property and the FTSE over the past four years.
The cost of the average second-hand Corsa has soared from £1,136 since 2019 to a whopping £2,197 now.
In the same time, gold has risen in value by 21 per cent, UK homes by 24 per cent, and the FTSE by a measly three per cent.
The value of Ford Mondeos has soared along with Vauxhall Corsas and Renault Meganes - as second-hand cars have out-performed the stock market and the price of gold (File image)
The cost of the second-hand Vauxhall Corsa shot up 93 per cent in the past four years (File image)
Corsa owner Andy Fitzgerald, 43, of St Albans, Herts, said his 2002 model had 120,000 miles on the clock but was still going strong.
