Read our latest weekly update on the state of the used car market containing analysis of prices, volume and clearance rates.
- Monthly Truck & Equipment Update February 2024
- Monthly Truck & Equipment Update January 2024
- Monthly Truck & Equipment Update December 2023
- Monthly Truck & Equipment Update November 2023
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
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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Weekly Market Update 14th September 2020
