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Used Luxury Car

Sales of secondhand Porsches, Aston Martins and Mercedes have helped car dealership Pendragon boost its profits by more than a third and double its dividend. In the year to 31 December, pretax profit, excluding non-trading items, rose 36.2% to £60.2m. Higher used car prices mean that the resale value of three- and But more than half — 53% — of luxury car transactions were leases last year, up

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