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AADA

Used car sales bounce back as supply tightens

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.

Used car supply grew in January 2025, but sales declined

The January 2025 edition of the Automotive Insight Report (AIR) highlights a shift in the Australian used car market. Supply increased 3.4% to 333,386 listings, reversing the decline of the previous month.  However, consumer demand remains subdued, with total sales dropping 5.9%.

Suzuki Jimny still offers the best residuals in the used car market

Following months of oversupply, the Australian used car market saw a 3.8% drop in December 2024 to 322,532 listings. The Automotive Industry Report (AIR), compiled monthly by AutoGrab and the Australian Automotive Dealers Association (AADA), said the December market favoured buyers. Sales declined significantly, by 8.1%, to 181,724 units.

Used car supply continues to outpace demand in October 2024

The October edition of the Automotive Insight Report (AIR) showed that used car sales dropped by 3.2% to 202,355, compared to last month.  Meanwhile, used car listings have grown by 1% to 317,861, indicating a buyers’ market as used car supply continues to outpace demand.

Used cars taking longer to sell amid oversupply

The September edition of the Automotive Insight Report (AIR) shows a modest 1% uptick in used car sales to 209,102 units for the month.  Used car listings continued to increase in September by 5.2% to 314,672, continuing a trend of month-on-month increases in listings since May. “The average days to sell has increased to 46.4, the highest it has been since January.

Sydney dealer awarded OAM in Kings Birthday honours

The Australian Automotive Dealers Association (AADA) congratulates Peter Warren Automotive executive director Paul Warren for receiving a Medal of the Order of Australia (OAM) in the Kings Birthday honours list for his service to the community of South West Sydney.