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 August 2024
- Monthly Truck & Equipment Update July 2024
- Monthly Truck & Equipment Update June 2024
- Monthly Truck & Equipment Update May 2024
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
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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