Used Car Prices in Australia - Weekly Update 4th April 2022

Weekly Market Update 4th April 2022

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 down the past week (-2.4%) with repossessed vehicles (-12.8%) seeing the largest decrease
  • Prices for the top 15 traded vehicles were mostly down with the Mitsubishi Triton (-7.18%) and Mazda CX-5 (-3.26%) seeing the largest decreases
  • Clearance rates were up (+1.9%) from last week
  • Sales volume was up (+22.1%) last week

Used car prices were down the past week (-2.4%) with repossessed vehicles (-12.8%) seeing the largest decrease

Used car prices for the top 15 traded vehicles were mostly down with the Mitsubishi Triton (-7.18%) and Mazda CX-5 (-3.26%) seeing the largest decreases

Used car clearance rates were up (+1.9%) from last week

Used car sales volume was up (+22.1%) last week

Weekly Used Car Price Index COVID-19 versus GFC

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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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