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 September 2024
- Monthly Truck & Equipment Update August 2024
- Monthly Truck & Equipment Update July 2024
- Monthly Truck & Equipment Update June 2024
Market Snapshot
- Prices fell last week (-1.9%) with ex-leases (-3.6%) leading decreases
- The market looks headed for its yearly dip over the Easter long weekend – a trend which was missed last year due to COVID
- Supply also fell (-4%) as stock continues to tighten in the market
- Clearance rates were flat once again (+0.3%)
- Prices for the top 15 traded vehicles were mostly negative with the Holden Colorado seeing the greatest decrease (-5%)
- With 2020 behind us, read our newest article on what 2021 might hold for car sales
- Stock still remains considerably low – see our latest reports on VFACTS new car sales and global car production, sales and exports
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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Weekly Market Update 29th March 2021
