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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- Monthly Truck & Equipment Update October 2024
- Monthly Truck & Equipment Update September 2024
- Monthly Truck & Equipment Update August 2024
- Monthly Truck & Equipment Update July 2024
Market Snapshot
- Prices were up last week (+2%) with light commercials (+5.5%) seeing strong growth
- Supply fell again (-29.8%) due to the Easter long weekend
- Clearance rates also fell (-5.2%)
- Prices for the top 15 traded vehicles were largely positive with the Isuzu D-MAX (+6.2%) and Toyota Hiace (+10.9%) reversing last weeks falls
- With 2020 behind us, read our newest article on what 2021 might hold for car sales
- Stock still remains considerably low – see our latest reports on VFACTS new car sales and global car production, sales and exports
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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