Weekly Market Update 21st December 2020

Read our latest weekly update on the state of the used car market containing analysis of prices, volume and clearance rates.

After more insights? Contact us for access.

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• Monthly Truck & Equipment Update October 2024December 2, 2024
• Monthly Truck & Equipment Update September 2024November 5, 2024
• Monthly Truck & Equipment Update August 2024October 4, 2024
• Monthly Truck & Equipment Update July 2024September 5, 2024

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Market Snapshot

• Prices were up the past week (+1.8%) with repossessions (+3.5%) and ex-leases (+3.6%) seeing the greatest gains
• Prices are now more than 30% higher than the beginning of the year
• Supply was up (+5.4%) with ex-government (+48.5%) leading the increases
• Clearance rates were flat (-0.1%) with ex-government (+7%) seeing strong performance
• Prices for top 15 traded vehicles were mixed with the Holden Commodore (+8.1%) and Toyota Hilux (+5.1%) seeing the largest increases
• With 2020 coming to an end, read our newest article on what 2021 might hold for car sales
• Stock still 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.

Disclaimer: This is a general information service only and we do not provide advice or take into account your personal circumstances, financial situation or needs. Please seek professional advice with regards to how any of the material on this website can impact your own financial situation. Datium Insights is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this website.