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Inflation hits used car sector again after Cyclone Gabrielle

Warnings over further price hikes in the near-term, as thousands of vehicles get written-off from water damage.

Widespread damage on the East Coast last month.

Thousands of used vehicles are expected to be unrepairable because of damage caused by Cyclone Gabrielle – with owners warned they’ll pay more for replacement vehicles.

Listed dealer Turners said its damaged and end-of-life vehicle division teams in Auckland and Hawke’s Bay were supporting

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Jonathan Mitchell Wed, 08 Mar 2023
Contact the Writer: jmitchell@nbr.co.nz
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Inflation hits used car sector again after Cyclone Gabrielle
General Business,
98061
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