Read our latest weekly update on the state of the used car market containing analysis of prices, volume and clearance rates.
- Monthly Truck & Equipment Update February 2024
- Monthly Truck & Equipment Update January 2024
- Monthly Truck & Equipment Update December 2023
- Monthly Truck & Equipment Update November 2023
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
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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Weekly Market Update 5th October 2020
