Read our latest weekly update on the state of the used car market containing analysis of prices, volume and clearance rates.
- Monthly Car Supply Update August 2020
- Monthly Car Supply Update July 2020
- Global Slowdown in Car Trade Fuels Stock Shortages
- Australian Used Car Prices Bounce Back Despite COVID-19: New Datium Insights-Moody’s Analytics Index
- Prices were up (+3.6%) once again this week
- SUV (+3.6%) and Light Commercials (+3.4%) drove increases
- Ex-Council (+6.3%) and repossessions (+6.8%) saw significant increases
- Supply was down again (-4.1%) and remains incredibly volatile
- Clearance rates were down (-3.4%)
- Prices for top 15 traded vehicles were largely positive
- Hyundai i30 (+3.8%), Isuzu D-MAX (+3.4%) and Nissan X-TRAIL (+3.5%) were all up
- 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.
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