Used car prices heading down

Median price of used cars listed by dealers at carsales decline for the first time since February 2020

There’s been lots of talk – and plenty of anecdotal evidence – of Australian used car prices declining since their height in mid-2022, but now for the first time carsales listings data provides tangible proof of that.

For the first time since February 2020 – the start of the COVID scare in Australia – carsales has…

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