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First week of used vehicle trading off to a good start

Robert Barry · 0 comments

Used vehicle trading for the first week of  January 2021 got off to a good start according to automotive industry analyst Datium Insights, as supply rebounded by 100.8% after an expectedly quite holiday period. 

Prices for top 15 traded vehicles were mostly positive with the Toyota Kluger (+6.3%) and Toyota Hiace (+6.8%) seeing the largest increases says Datium Insights.

The Toyota Hilux continues to retain the highest current-week three-year resale percentage of 83.5, followed by the Toyota Hiace on 81.4 and the Isuzu D-Max on 80.8.

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Prices were up in the first week of 2021 by 2.7% with passenger vehicles leading the way up by 5.4% and clearance rates also rebounded up 21.2%.

Datium Insights weekly update as at January 11, 2021. 

Weekly Prices Changes for Top Models

Robert Barry

Robert Barry has been reporting on the Australasian automotive and transport sector since June 2003. A member of the New Zealand Motoring Writers Guild since 2005, Robert has also previously held the positions of secretary, vice-president and president. His work has appeared in newspapers, magazines, and on the web. He holds a Class 2 and a Class 4 heavy transport licence and knows his way around a manual transmission.

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