Weekly Market Update 10th August 2020 - Datium Insights

Weekly Market Update 10th August 2020

Datium Insights Weekly Market Update

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%)
  • With stock levels low, volatility in supply has increased the past several weeks
  • Clearance rates were slightly down (-2.5%)
  • Prices for top 15 traded vehicles were largely positive with the Toyota Landcruiser Prado seeing the largest increase (+4.8%)
  • As highlighted above, stock remains considerably low – see our latest reports on car supply and export/import activity

Weekly Price Changes

Weekly Prices Changes for Top Models

Weekly Clearance Rate Changes

Weekly Sales Volume Changes

Price Index COVID-19 versus GFC

Read our latest Supply Update

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Tanim Ahmed

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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