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%) […]
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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 […]
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 […]
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 […]