Weekly Market Update 14th December 2020 - Datium Insights

Weekly Market Update 14th December 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.

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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 year
  • Supply was down (-16.8%) with repos (-31.4%) leading the decreases
  • Clearance rates were also down (-2.8%)
  • Prices for top 15 traded vehicles were mixed with the Toyota Hiace (+7.3%) seeing the largest increase and the Holden Commodore (-3.2%) seeing the largest decrease
  • Stock still 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

Datium Insights Monthly Car Supply Update
Read our latest Supply Update

Prices People Pay Valuations

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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.

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