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 July 2023
- Monthly Truck & Equipment Update June 2023
- Monthly Truck & Equipment Update May 2023
- Monthly Truck & Equipment Update April 2023
- Prices were down this past week (-3.6%) with ex-Lease (-8%) and Repossessions (-4.8%) leading the decreases
- After 6 months of strong week-to-week increases, prices look to be softening
- Supply rebounded significantly (+18.1%) with a large influx of ex-Lease (+21.6%) and Repossessions (+44.7%)
- Clearance rates were up (+4%) with more stock available
- Prices for top 15 traded vehicles were mixed with the Toyota Hiace (+6.3%) seeing the largest increase and the Holden Commodore (-5.9%) 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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