Weekly Market Update 18th January 2021

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 up again the past week (+1.7%) with repos (+14.9%) leading the way
  • Supply increased again (+32.8%) as the market transitions out of the holiday period
  • Clearance rates also increased (+4.3%) and are once again reaching all time highs
  • Prices for top 15 traded vehicles were mixed with the Mitsubishi Outlander (+6.5%) seeing the largest increase and Subaru Outback (-5.6%) seeing the largest decrease
  • 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

Weekly Price Changes

Weekly Prices Changes for Top Models

Weekly Clearance Rate Changes

Weekly Sales Volume Changes

Price Index COVID-19 versus GFC

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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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