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 October 2024
- Monthly Truck & Equipment Update September 2024
- Monthly Truck & Equipment Update August 2024
- Monthly Truck & Equipment Update July 2024
Market Snapshot
- Prices were up this past week (+2.6%) with ex-councils leading the increase (+7.9%)
- Light commercial (+3.4%) and SUV’s (+3.8%) led the increases
- Supply was up (+16.4%) with ex-government (+93.8%) driving increased supply
- Clearance rates were down (-2.5%) but are still at historic highs
- Prices for top 15 traded vehicles were largely positive with the Holden Commodore (+7.1%) and Mazda CX-5 (+5%) seeing the largest increases
- 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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Weekly Market Update 30th November 2020
