Read our latest weekly update on the state of the used car market containing analysis of prices, volume and clearance rates. Market Snapshot Prices saw another jump this past week (+2.1%) with light commercial vehicles seeing the strongest gain (+3.8%) Prices for repossessed vehicles (+5.7%) and ex-Government fleets (+5.5) led the price increase Supply lessened […]
All posts by Tanim Ahmed
Weekly Market Update 22nd June 2020
Read our latest weekly update on the state of the used car market containing analysis of prices, volume and clearance rates. Market Snapshot Prices continue to increase with a 1% gain overall this week A major change this week was an increase in supply (+17.9%), after several months of below average volume Councils continue to […]
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 […]
Weekly Market Update 15th June 2020
Read our latest weekly update on the state of the used car market containing analysis of prices, volume and clearance rates. Latest Articles Market Snapshot Prices continue strong rebound and have now recovered what was lost due to COVID-19 Prices for ex-lease vehicles (+5.9%) and repossessed vehicles (+7.1%) saw strong increases this past week Clearance […]
Weekly Market Update 8th June 2020
Read our latest weekly update on the state of the used car market containing analysis of prices, volume and clearance rates. Latest Articles Market Snapshot Prices continue strong rebound Sales of ex-Council vehicles nearly doubled while prices and clearance rates increased greatly as well COVID-19 price tracker shows prices have now returned to where they […]
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 […]
Are Used Car Prices Dropping?
While the Coronavirus pandemic continues, the Automotive Industry will face an extended period of disruption as consumer behaviors drastically change. Following our previous article, ‘What the Coronavirus means for car sales’, Datium Insights takes a deeper look at whether used car prices are falling and what might drive their behavior going forward. Latest Articles Contents: […]
What the Coronavirus means for car sales
The spread of Coronavirus and turmoil in the stock markets is further putting pressure on the automotive industry. Here at Datium Insights we look into some of the likely ramifications on car sales for the near future. Latest Articles Background With cases rising here in Australia and around the world, the impact of the COVID-19 […]
Women in Data for International Women’s Day 2020
At Datium Insights we’re celebrating the role that women play not just in our business but in the data community worldwide. While women make up 47.4% of employed people in Australia the prominence of women within the data and analytics industry still lags that of men. Purportedly only 30% of professional data-related roles are held […]
Used Holden Prices
Holden by the numbers General Motor’s recent decision to cull the Holden brand has undoubtedly closed a historic chapter in Australia’s automotive history. With thousands of jobs at stake and millions of dollars’ worth of investment likely wasted, there’s plenty of concern to go around for organisations involved in Holden’s supply chain. While industry and […]