Weekly Market Update 5th April 2021

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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• Monthly Truck & Equipment Update September 2024November 5, 2024
• Monthly Truck & Equipment Update August 2024October 4, 2024
• Monthly Truck & Equipment Update July 2024September 5, 2024
• Monthly Truck & Equipment Update June 2024August 6, 2024

Market Snapshot

• Prices were flat last week (+0.1%) with repossessions (+10.4%) leading increases
• Supply fell (-7.1%) in the lead up to the Easter long weekend
• Clearance rates were up (+1.1%)
• Prices for the top 15 traded vehicles were mixed with the Isuzu D-MAX (-7.8%) and Toyota Hiace (-7%) seeing the largest falls
• 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 VFACTS new car sales and global car production, sales and exports

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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