Weekly Market Update 4th January 2021

Read our latest weekly update on the state of the used car market containing analysis of prices, volume and clearance rates.

After more insights? Contact us for access.

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• Monthly Truck & Equipment Update February 2024April 2, 2024
• Monthly Truck & Equipment Update January 2024March 15, 2024
• Monthly Truck & Equipment Update December 2023February 23, 2024
• Monthly Truck & Equipment Update November 2023January 8, 2024

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Market Snapshot

• Prices were down in the last week of 2020 (-3%) with repossessions (-11.2%) seeing the largest falls
• Supply was also down (-51.4%) due to the holiday period
• Clearance rates were also down (-10.7%)
• Prices for top 15 traded vehicles were mostly negative with the Holden Commodore (-3.7%) and Toyota Hiace (-5.5%) seeing the largest declines
• With 2020 behind us, read our newest article on what 2021 might hold for car sales
• Stock still remains considerably low – see our latest reports on car supply and export/import activity

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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.

Disclaimer: This is a general information service only and we do not provide advice or take into account your personal circumstances, financial situation or needs. Please seek professional advice with regards to how any of the material on this website can impact your own financial situation. Datium Insights is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this website.