The South West is the cheapest place to buy a second-hand car in the country. While buyers in the region are now paying an average of only £6,951 for a second-hand car, those in north east England are having to fork out as much as £10,805.
Used car prices are now at their lowest for 15 months. The average price for a used car is now £8,540 - the lowest figure since September 2011.
Prices of second-hand vehicles dipped by an average of 1.71% between November and December last year.
As motorists face rising prices in insurance and fuel, it certainly pays motorists to shop around to get the best used-car deal - which will probably be in the South West.
Numerous filling stations in our region have reported running out of diesel and unleaded because of people panic-buying fuel, following the threat of a tanker drivers' strike. Yesterday the Government called on people to fill up their tanks in preparation.