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Total sales expected to cool against 2024 record by around 5%, to ~ 1.18 million units. Excess supply and lower private demand increase likelihood of discounting. Chinese brands e.g. BYD and MG to take market share…

We are pleased to share the Cox Automotive Retail & Wholesale Used Vehicle Market Insights Report for 2024, an intriguing year for both new and used markets. The 2024 edition highlights a strong first half for…

Dealer-Used Car Market Sees Second-Best Month in Four Years   Second-best month of dealer-used car sales in 4 years, taking YTD volume to 9.8% up on the same period in 2023. Despite robust demand and reduced…

Dealer used selling prices still declining despite good volumes – a deep dive into October’s market Sales and supply of used cars in Australian dealers remain at or around their highest points since before the pandemic,…

Cox Automotive Australia's Q3 Insights Report looks at trends across both the dealer- and wholesale-used vehicle markets. Dealer inventory levels and sales volumes are up year-on-year, while Manheim wholesale volume has rebounded 40% YoY driven in…

Dealer used car prices down to 2021 levels despite strong consumer demand The Cox Automotive Price Index has declined for 17 of the past 18 months Older cars have more inflated prices relative to pre-COVID amid…

Used vehicle inventories hit a new high as prices cool Used dealer used inventory at its highest point to date in Cox Automotive’s database Used vehicle prices on dealers continue to soften, back to 2021 levels…

In this report we take a deep dive into Australia’s ever-changing used vehicle market and see that the growth in dealer used vehicle inventory is outpacing demand, causing market days' supply to go up over the…

How is the retail dealer used market tracking? Average used car sales prices in Australian dealers fell a further 0.9% during May 2024 and are now 6.8% lower on average than this time last year, new…