Weekly Market Update 20th September 2021

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 in the market were largely flat across last week with a slight downturn (-0.5%) overall
  • There were mixed results across vehicle models with the Ford Ranger seeing the greatest increase (+3.8%) and the Toyota HiAce seeing the greatest decrease (-3.9%) last week
  • Clearance rates fell (-2.4%) with only ex-council and ex-finance company sales seeing an improvement from last week
  • Sales volume was also down (-8.9%) last week as lockdowns in NSW and VIC continue to impact availability of stock

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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.

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

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