The days of paying a premium for a decent used car in Australia might soon be over, according to a new report that indicates second-hand car prices are continuing a downward trajectory.
The latest Moody’s Analytics Used-Vehicle Price Report has revealed that used car prices are now 13.2 per cent lower than the peak of May 2022, and are expected to keep heading south as new-vehicle supply becomes more readily available.
However, prices are still 51 per cent higher than…
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