Read our latest weekly update on the state of the used car market containing analysis of prices, volume and clearance rates.
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Market Snapshot
- Prices were down the past week (-0.2%) with repossessed vehicles (-7.5%) seeing the largest decrease
- Prices for the top 15 traded vehicles were largely negative with Isuzu D-MAX (-6.47%) and Toyota Landcruiser Prado (-5.58%) seeing the largest decrease
- Clearance rates were down (-1.4%) from last week
- Sales volume was down (-2.0%) last week
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.
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Weekly Market Update 17th June 2024
