Australian Used Car Prices Bounce Back Despite COVID-19: New Datium Insights-Moody’s Analytics Index

A new index launched by Moody’s Analytics in collaboration with Datium Insights reveals that Australian wholesale used-vehicle prices increased by 10.6% from April to May of this year. This follows a price contraction of 14% over March and April, which means prices are almost back to pre-pandemic levels and are on par with May 2019. “The used-vehicle market benefits from a […]

COVID-19 and Used Car Prices

The Coronavirus Pandemic has dramatically changed the business environment around the world. Banks, finance companies, car manufacturers and fleet management organisations with significant exposure to auto loans and leases are readjusting their forecasts for used car prices. In aid of this, the following report highlights our observed history of used car prices and how COVID-19 […]

Global Car Production, Sales and Exports April 2021

 6 total views Read our monthly update on global car production, new car sales in key markets, export levels and imports into Australia. Global Car Production The Australian Federal budget’s extension of the instant asset write-off paves way for new car sales recovery Global semiconductor shortage expected to cost industry $110 billion in revenue Hyundai planned […]

Weekly Market Update 17th May 2021

 271 total views Read our latest weekly update on the state of the used car market containing analysis of prices, volume and clearance rates. After more insights? Contact us for access. Market Snapshot Prices were largely flat the past week (+0.2%) with Passenger vehicles (+3.4%) leading the increases Supply rebounded from last week (+8%) Clearance rates […]

Weekly Market Update 10th May 2021

 128 total views Read our latest weekly update on the state of the used car market containing analysis of prices, volume and clearance rates. After more insights? Contact us for access. Market Snapshot Prices were up last week (+1.2%) with SUV’s (+4%) leading the increases Supply was down (-9.3%), continuing its volatility Clearance rates were largely […]

VFACTS: New Car Sales Insights April 2021

 715 total views Read our monthly update on VFACTS new car sales results. New Car Sales April 2021 April 2021 saw a total figure of 92,347 new car sales for Australia as reported by VFACTS Figures show new car sales increased by 137% in April 2021 versus April 2020, noting that April last year was the […]

Weekly Market Update 3rd May 2021

Read our latest weekly update on the state of the used car market containing analysis of prices, volume and clearance rates. After more insights? Contact us for access. Market Snapshot Prices were down last week (-1.3%) with ex-council vehicles falling (-10.4%) after the prior week’s increase Supply was down (-13.3%), continuing its volatility Clearance rates […]

Weekly Market Update 26th April 2021

Read our latest weekly update on the state of the used car market containing analysis of prices, volume and clearance rates. After more insights? Contact us for access. Market Snapshot Prices were up last week (+2.4%) with ex-council vehicles rebounding (+13.1%) after the prior week’s falls Supply rose once again (+21.5%) after the Easter long […]

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