Weekly Market Update 6th May 2024

Datium Insights Weekly Market Update

Read our latest weekly update on the state of the used car market containing analysis of prices, volume and clearance rates.

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Market Snapshot

  • Prices were down the past week (-0.9%) with repossessed vehicles (-18.3%) seeing the largest decrease
  • Prices for the top 15 traded vehicles were largely positive with Subaru Outback (+6.29%) and Mitsubishi Triton (+4.40%) seeing the largest increase
  • Clearance rates were down (-4.7%) from last week
  • Sales volume was down (-15.0%) last week

Weekly Price Changes

Weekly Prices Changes for Top Models

Weekly Clearance Rate Changes

Weekly Sales Volume Changes

Price Index COVID-19 versus GFC


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Tanim Ahmed

By Tanim Ahmed, Head of Product at Datium Insights

Tanim is a Macquarie University alumni with degrees in Finance and Economics. He has spent a decade in the Leasing and Finance industry, specializing in Residual Value risk.

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