Weekly Market Update 7th September 2020

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

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Market Snapshot

• Prices were up (+1.6%) once again this week
• Passenger (+2.6%) and Light Commercials (+2.7%) drove increases
• Corporations (+4.8%) and ex-Leases (+3.6%) saw significant increases
• Supply was down again (-4.9%) and remains incredibly volatile
• Clearance rates were slightly up (+1.1%)
• Prices for top 15 traded vehicles were largely positive light commercials doing well
• Ford Ranger (+3.5%), Holden Colorado (4.1%), Isuzu D-MAX (+6.5%) and Mitsubishi Triton (+5%) were all up
• As highlighted above, stock 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.

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