Australia baked in February but the used car market continued to cool

  • Home
  • Australia
  • Australia baked in February but the used car market continued to cool

The latest monthly instalment in the Australian Automotive Dealer Association (AADA) and AutoGrab’s Automotive Insights Report (AIR) shows those shopping for a used car are starting to see a normalising of the market after a few years prices close to and sometimes over retail.

Figures for February show that the number of used vehicles listed for sale has increased, but the number sold has dropped – reflecting a long overdue improvement in supply across the new-car market.

“A…

Continue reading this news update.

Comments are closed