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 January 2022
- Global Car Production, Sales and Exports November 2021
- Monthly Truck & Equipment Update October 2021
- Global Car Production, Sales and Exports October 2021
- Prices were down again this past week (-1.2%) with repossessions leading the decline (-11.3%)
- Light commercial (-2.1%) and SUV’s (-1.2%) led the decreases
- Supply was up (+8.2%) with ex-leases (+29.1%) and ex-councils (+36.7%) leading the increases
- Clearance rates were also up (+4.1%) and remain at historic highs
- Prices for top 15 traded vehicles were mixed with the Mitsubishi Triton (+8.8%) seeing the largest increase and the Volkswagen Amarok (-4%) seeing the largest decrease
- Stock still 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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