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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- Weekly Market Update 3rd February 2025
Market Snapshot
- Prices bounced back the past week (+3.8%) with repossessed vehicles (+18.6%) seeing the largest increase
- With lockdowns across several regions of Australia, price volatility in the market has increased
- Supply was down (-1.6%), owing to lockdowns in Sydney and Melbourne
- Clearance rates were also down (-4.2%)
- Prices for the top 15 traded vehicles were mostly up with the Toyota Kluger (+8.4%) seeing the largest increase
- 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 23rd August 2021
