Tag: Used Cars

Used car prices plummet in win for buyers

Finally some good news for Australians struggling with cost of living pressures as the average price of a second hand car has dropped significantly. See how far prices have fallen. Take a closer

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Toyota CPO program now takes cars up to 10 years or 125,000 miles

How many more exhibits must we admit to the court to prove how good cars have gotten in general, and how unaffordable new cars and newish used cars have gotten? We’d have run

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Cash-strapped motorists fuel used car surge

Budget-conscious motorists are fuelling a surge in used car sales, with dual cab utes topping the pops. See the most popular used vehicles sold in 2023. New figures from the Australian Automotive Dealer

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Israel’s war with Hamas, Hezbollah to raise demand for used cars

A full-scale war in Israel’s North could cause a rise in demand for used cars, rather than people buying new ones, according to Meir Ronen Lev, deputy CEO of the Lev Yitzhak

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Used electric car prices plummet after two years, data finds – Drive

18:0430 January 2024 View 1 images Used electric cars have below-average resale value and spend a longer time on sale than other used cars, new Australian data has found. The data, taken from dealer

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Electric vehicles “underperformed the market significantly” in 2023 second hand values

Snapshot Electric vehicles lagged behind combustion-engined vehicles in volume and value EVs listed for sale were worth just 57.6 per cent of their purchase price after 2-4 years Combustion-engined vehicles retained 85.9 per

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2023 used car sales figures show buyer trends and strong demand

Australia’s 2023 used car sales: Key figures 2,074,535 used cars were sold in 2023 Around 61% of used cars were sold privately Petrol (65.8%) and diesel (30.6%) made up the majority of used

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Used car sales surge amid cost of living crunch

Used car sales surged over the course of 2023, and demand is expected to motor ahead as budget-conscious households look to cut spending on luxury items amid the cost of living crunch. New

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Online Used Car Dealer Vroom Shutting Down Leaves Customers In The Lurch

Screenshot: Click2Houston/YouTube We’ve known for a while that things weren’t going great for the online used car dealer Vroom. Back in 2022, it was sued by the state of Texas for its shady

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Australia’s best-selling used cars in 2023

Nearly two thirds of vehicles sold in Australia last year were used, not new – and prices are falling as stock of new cars improves. There are plenty of familiar names among the

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