The February 2025 edition of the Automotive Insights Report (AIR) shows a modest rebound in used car sales.
Using data supplied by AutoGrab, February’s AIR saw sales rise 2.2% to 174,762 units, however, this came as total listings declined slightly indicating a tightening in some areas.
The Ford Ranger retained its position as Australia’s best-selling used car, with a 2.5% increase in sales. Toyota models continued to dominate the top-sellers list, with five of the top ten positions.
The Suzuki Jimny continued its dominance in retained value rankings, holding the highest resale value among passenger cars and SUVs in both age brackets. With 108% retained value, the Jimny has consistently outperformed larger and more expensive competitors, reflecting its strong demand in the market.
“While the increase in sales is a positive shift from January, the broader market remains in a state of adjustment,” Australian Automotive Dealers Association (AADA) chief executive James Voortman says.
“With supply contracting and demand still below historical levels, it remains a competitive market for sellers.
“Average days to sell a used vehicle remained stable at 48.5 days, suggesting that vehicles are still moving at a steady pace, albeit with some regional fluctuations,” he says.
AIR highlights for February 2025:
- 174,762 used cars were sold, an increase of 2.2% from January.
- Used vehicle supply fell by 1.8%, with most states experiencing a drop in listings.
- Sales increased in major markets, with VIC (7%) and NSW (3.8%) leading the gains.
- Electric vehicle sales rebounded, up 11.4%, though retained values remain under pressure.
- Average days to sell a used car held steady at 48.5 days.
- Japanese brands dominated, taking 8 of the top 10 best-selling models, with Toyota accounting for five of them.
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