Used Vehicle Price Index shows that models continue to increase in value

Moody’s Analytics has published a report that shows for the second consecutive quarter, seasonally adjusted used-vehicle prices in Australia have increased. In May, they were 2.17% higher than in April and 2.7% higher than at the beginning of the year. However, while the recent strength in the Australian used-vehicle prices can be attributed to a […]

Used vehicle prices come down 11% but are still 53% higher than the December 2019 level

Used vehicle prices continued their sustained downtrend during January, according to the latest Moody’s Analytics Used-Vehicle Price Index. The report showed declines in both month-to-month and year-to-year terms. Nevertheless, January marked a slowdown in the price fall, with both passenger cars and trucks/SUVs prices only decreasing around 0.2% m/m. Vehicle prices are still not near […]