The cost of a used car in Ireland has increased to an all time high.
According to the latest DoneDeal Car Price Index, the cost of a second hand car has risen by 56 percent since January 2020.
The Index also points out in some cases a second-hand version of the same model's being listed for more than its new counterpart.
Author of the report, economist Dr. Tom Gillespie, says Brexit's having a significant impact on car prices here.
Since the UK's withdrawal from the EU, the number of cars that have come in from our nearest neighbours has halved.
Dr Gillespie expects to see a strain on the production to continue in the short term, which will drive up inflation.
