For the first time since February 2020, carsales has seen a year-on-year (YoY) decline in median used car prices – with the average listing price for dealer used cars currently down 3.4% YoY (as at May 31, 2023).
Gen Z (born 1990-2010) want to own a car but not necessarily a brand favoured by their parents and they are influenced in transport choices by climate change.
Carsales says it has debuted a new strategic direction for its media arm. It says that carsales mediahouse will elevate its offerings to match global digital benchmarks, while retaining its local market expertise and experience.
Digital automotive marketplace, carsales, has announced its new ‘Trade-In’ product to help Australian motorists to understand the trade value of their current car and make it easier to purchase their next vehicle.
Carsales.com.au has awarded the Mazda 3, 6, CX-5 and MX-5 the titles of best used cars in their respective market categories.
