Read our latest weekly update on the state of the used car market containing analysis of prices, volume and clearance rates.
- Global Slowdown in Car Trade Fuels Stock Shortages
- Australian Used Car Prices Bounce Back Despite COVID-19: New Datium Insights-Moody’s Analytics Index
- COVID-19 and Used Car Prices
- Are Used Car Prices Dropping?
- Prices increased significantly this week (+2.9%)
- Prices for Repossessions (+9.4%) led the way in price increases
- Supply fell once again this week (-19.5%)
- Repossessed (-33.3%) and Ex-Government (-33.9%) vehicles saw the largest increase to supply
- Clearance rates also fell (-3.7%) however continue to remain at historic highs
- Prices for top 15 traded vehicles were largely positive with the Isuzu D-MAX having the strongest increase (+7.6%)
- The Holden Commodore had the largest decline (-2.8%)
- Stock remains low – see our latest report on 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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