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Used car prices ease as EOFY deals drive strong June sales

The Australian Automotive Dealer Association (AADA), in partnership with AutoGrab, have released the June 2025 Automotive Insights Report (AIR), which saw an end-of-financial-year (EOFY) lift in used vehicle sales as retained values begin to soften across most segments.

Used car tightens as sales surge in July

The July edition of the Automotive Insight Report (AIR) indicates that the market for used cars is tightening, with rising sales and falling listings leading to a reduced gap between demand and supply.

Suzuki Jimny leads Australian used car residual values

Automotive market pricing and intelligence platform, AutoGrab, says the Suzuki Jimny is the vehicle which has the strongest residual values in the Australian used car market.  The platform says that new car prices have surged by nearly 20% in the last year, and a number of popular vehicles continue to appreciate in value in the second hand market,  The data, which looked at automotive trends in 2023, reveals significant increases across various vehicle categories, with the average new passenger car jumping by $5,251 from $30,481 in 2022 to $35,732 in 2023 according to AutoGrab.  It says the average new SUV has already increased significantly, seeing a $2,000 increase in drive-away price from $42,212 in 2022 to $44,210 in 2023.  AutoGrab light commercial vehicles have also seen a jump in price of $5,600 this year, from an average price of $58,116 in 2022 to $63,748 in 2023.  "New vehicle shortages over the past couple of years have seen prices shoot up in 2023 across all vehicle sectors.

Autotrader appoints new regional sales manager

Autotrader Group has confirmed the appointment of a new regional sales manager in the form of Lexy Brady. Brady arrives at the group with a decorated past, which includes past tenures at BMW, Mazda, SunCorp Group, and DealerCell among others.