Weekly Market Update 9th September 2024

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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• Weekly Market Update 23rd December 2024December 23, 2024
• Weekly Market Update 16th December 2024December 16, 2024
• Weekly Market Update 9th December 2024December 9, 2024
• VFACTS: New Car Sales Insights November 2024December 5, 2024

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Market Snapshot

• Prices were down the past week (-1.6%) with repossessed vehicles (-7.4%) seeing the largest decrease
• Prices for the top 15 traded vehicles were largely negative with Toyota Hilux (-6.22%) and Subaru Forester (-4.46%) seeing the largest decrease
• Clearance rates were down (-5.1%) from last week
• Sales volume was down (-15.4%) last week

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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.