CHRIS HARRIS

Used car prices are showing no signs of softening, and that’s bad news for us consumers, reckons Chris

Where are all the bargains? I keep looking but I can't find them. Even someone with the most basic grasp of economics (that's me) is aware that the UK economy is facing a few headwinds currently. In fact, to use official language, we're absolutely ruined and have been for some time. This should mean that fast or luxurious car prices are in the doldrums.

Only they're not. This must be confounding some of our larger foreheaded brethren because the values of used cars have always been a useful index for how the economy is functioning. They are the second most expensive things we buy.