As 2020 comes to a close, we review the effects of the Coronavirus pandemic on car sales, prices and supply while predicting what’s in store in 2021. Contents Background New Car Sales in 2020 Used Car Market in 2020 Effects of the Pandemic over time 2021 Outlook for Car Sales Background There’s no doubt that […]
Tag Archives: COVID-19
Weekly Market Update 14th December 2020
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 generally flat past week (+0.5%) with repossessions seeing the greatest gains (+8.3%) Prices are now nearly 30% higher than the beginning of the […]
Weekly Market Update 7th December 2020
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 again this past week (+1.3%) with ex-leases again leading the increase (+3.8%) Prices are now nearly 30% higher than the beginning of […]
Monthly Car Supply Update November 2020
Read our monthly update on VFACTS results, new car sales trends, imports and exports. New Car Sales November 2020 November 2020 saw a total figure of 95,205 new car sales for Australia as reported by VFACTS Figures show new car sales have increased by 12% in November 2020 versus November 2019 – the first increase […]
Weekly Market Update 30th November 2020
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 this past week (+1.3%) with ex-leases leading the increase (+3.6%) Supply was up (+2.3%) with light commercials (+18.6%) seeing more availability Clearance […]
Weekly Market Update 23rd November 2020
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 this past week (+2.6%) with ex-councils leading the increase (+7.9%) Light commercial (+3.4%) and SUV’s (+3.8%) led the increases Supply was up […]
Weekly Market Update 16th November 2020
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 again this past week (-1.2%) with repossessions leading the decline (-11.3%) Light commercial (-2.1%) and SUV’s (-1.2%) led the decreases Supply was […]
Weekly Market Update 9th November 2020
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 this past week (-1.9%) with only repossessions bucking the trend (+2.8%) Light commercial (-4%) and passenger vehicles (-3%) led the decreases Supply […]
Monthly Car Supply Update October 2020
Read our monthly update on car supply movements into Australia. New Car Sales October 2020 October 2020 saw a total figure of 81,220 new car sales for Australia as reported by VFACTS Latest VFACTS figures show that new car sales have fallen by only 1% in October 2020 compared to October 2019 With COVID-19 cases […]
Weekly Market Update 2nd November 2020
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 this past week (+3.8%) with ex-Government cars (+7.1%) leading the increases Supply was up (+3.8%) with a strong increase in ex-lease cars […]