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 September 2024
- Monthly Truck & Equipment Update August 2024
- Monthly Truck & Equipment Update July 2024
- Monthly Truck & Equipment Update June 2024
Market Snapshot
- Prices were largely flat last week (+0.9%) with SUV’s (+1.2%) leading the increases
- Supply rebounded (+15.8%) after a low last week, however stock continues to tighten in the market
- Clearance rates were also flat (+0.3%)
- Prices for the top 15 traded vehicles were mixed with the Toyota Kluger (+4.2%) leading increases and the Holden Commodore seeing the greatest decrease (-7.6%)
- 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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Weekly Market Update 22nd March 2021
