Read our latest weekly update on the state of the used car market containing analysis of prices, volume and clearance rates.
- Monthly Truck & Equipment Update February 2024
- Monthly Truck & Equipment Update January 2024
- Monthly Truck & Equipment Update December 2023
- Monthly Truck & Equipment Update November 2023
Market Snapshot
- Prices were up (+4.4%) this week
- SUV (+5.0%) and Passenger (+4.7%) drove increases
- Repossessions (+8.9%) and ex-General Government (+6.5%) saw significant increases
- Supply was up (+7.0%) and remains incredibly volatile
- Clearance rates were up (+1.1%)
- Prices for top 15 traded vehicles were largely positive with the Toyota Hiace (+10.2%) and Volkswagen Golf (+8.2%) leading increases
- Mitsubishi Outlander (-6.1%) and Isuzu D-MAX (-4.8%) were all down
- As highlighted above, stock remains considerably low – see our latest reports on car supply and export/import activity
By Tanim Ahmed, Head of Product at Datium Insights
Tanim is a Macquarie University alumni with degrees in Finance and Economics. He has spent a decade in the Leasing and Finance industry, specializing in Residual Value risk.
Please contact Datium Insights for further analytical support and advisory services.
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Weekly Market Update 12th October 2020
