Weekly Market Update 28th September 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.

Market Snapshot

  • Prices were up (+2.1%) this week
  • Light Commercial (+5.8%) drove increases
  • Ex-Council (+5.4%) and ex-General Government (+4.7%) saw significant increases
  • Supply was down (-10.4%) and remains incredibly volatile
  • Clearance rates were down (-2.6%)
  • Prices for top 15 traded vehicles were mixed with the Isuzu D-MAX (+5.5%) and Holden Commodore (+4.8%) leading increases
  • Toyota Hiace (-5.2%), Nissan X-TRAIL (-2.3%) and Toyota Kluger (-2.2%) were all down
  • As highlighted above, stock 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

Datium Insights Weekly Market Update

Price Index COVID-19 versus GFC

Datium Insights Monthly Car Supply Update
Read our latest Supply Update

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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.

Please contact Datium Insights for further analytical support and advisory services.

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