The average cost of used cars in Australia has now been falling for six months, offering some relief to buyers priced out of the hot market, according to a new report.
Compiled by Moody’s Analytics, the latest Used Vehicle Price Index shows transaction costs decreased a further 2 per cent from October to November.
The data shows prices for used vehicles are now lower on average than they were at the start of the year. In May 2022, used vehicle prices were 18.4 per cent…
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