Read our latest weekly update on the state of the used car market containing analysis of prices, volume and clearance rates. Market Snapshot Prices were up (+1.7%) once again this week SUV’s (+2.8%) and Passenger vehicles (+2.7%) drove increases Prices right now are stronger than they’ve ever been in the past decade Repossessions (+2.7%) and […]
All posts by Tanim Ahmed
Weekly Market Update 10th August 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 were up (+1.6%) once again this week Light Commercials (+2.7%) drove increases, followed by SUV’s (1.4%) Ex-Council (+4.7%) and repossessions (+4.7%) saw strong price increases Supply reversed last weeks increase (-17%) […]
Monthly Car Supply Update July 2020
Read our monthly update on car supply movements into Australia. New Car Sales July 2020 July 2020 saw a total figure of 72,505 new car sales for Australia as reported by VFACTS Latest VFACTS figures show that new car sales have fallen by 13% in July 2020 compared to July 2019 The strong bounce back […]
Weekly Market Update 3rd August 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 were flat this week following increased quarantine restrictions around the country SUV’s continue to see strong increase (+4.5) while repossessions saw a decline (-6.5%) Supply rebounded after last weeks fall (-19.4%) […]
Weekly Market Update 27th July 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 increased significantly this week (+2.9%) Prices for Repossessions (+9.4%) led the way in price increases Supply fell once again this week (-19.5%) Repossessed (-33.3%) and Ex-Government (-33.9%) vehicles saw the largest […]
Weekly Market Update 20th July 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 were once again flat this past week (+0.6%) Prices have increased (+8%) this year, despite April’s historic fall Prices for Council (+6.2%) and Corporation cars (+4.1%) led the way in price […]
Global Slowdown in Car Trade Fuels Stock Shortages
International trade in cars has reduced dramatically due to the Coronavirus Pandemic. Car Imports into Australia are down $3 billion in total compared to 2019. Global Car Export Slowdown The countries with the largest car manufacturing industries are experiencing significant falls in car exports due to the fallout from the Coronavirus Pandemic. Government data from […]
Weekly Market Update 13th July 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 were once again relatively flat this past week (+0.8%) Prices for ex-Government (+3.6%) and ex-Fleet cars (+1.3%) led the way in price increases Supply saw a significant fall this week (-20.4%) […]
Weekly Market Update 6th July 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 were relatively flat this past week (+0.6%) Prices for ex-corporations (+3.8%) and repossessed cars (+3.1%) led the way in price increases Supply also flat (-0.1%) with ex-corporations (+75.9%) increasing significantly albeit […]
Weekly Market Update 29th 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 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 […]