Weekly Market Update 21st December 2020

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 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

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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