Weekly Market Update 18th September 2020

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 2024November 5, 2024
• Monthly Truck & Equipment Update August 2024October 4, 2024
• Monthly Truck & Equipment Update July 2024September 5, 2024
• Monthly Truck & Equipment Update June 2024August 6, 2024

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Market Snapshot

• Prices were down (-1.2%) this week
• Light Commercial (-1.5%) and Passenger (-0.2%) saw significant decreases
• Corporation (-4.7%) and ex-Leases (-0.8%) saw significant decreases
• Supply was up (+3.9%) and remains incredibly volatile
• Clearance rates were up (+0.7%)
• Prices for top 15 traded vehicles were mixed with the Toyota Hiace (+6.5%) and Isuzu D-MAX (+4.4%) leading increases
• Volkswagen Golf (-5.4%), Ford Mondeo (-4.4%) and Holden Commodore (-3.6%) were all down
• As highlighted above, stock remains considerably low – see our latest reports on car supply and export/import activity

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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.

Please contact Datium Insights for further analytical support and advisory services.

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