Weekly Market Update 2nd November 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.

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Market Snapshot

  • Prices were up this past week (+3.8%) with ex-Government cars (+7.1%) leading the increases
  • Supply was up (+3.8%) with a strong increase in ex-lease cars (+25.4%)
  • Clearance rates were also up (+1.2%) and remain at historic highs
  • Prices for top 15 traded vehicles were largely positive with the Holden Commodore (+9.8%) and Toyota Hiace (+7.8%) seeing the largest increases
  • Stock still 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

Weekly Sales Volume Changes

Price Index COVID-19 versus GFC

Datium Insights Monthly Car Supply Update
Read our latest Supply Update

Prices People Pay Valuations

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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.

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