Gross sales of used automobiles had been down in December 2023, mirroring Australia’s new automotive gross sales outcomes for a similar month – and the Ford Ranger and Toyota HiLux took the highest two spots on each charts.
Throughout Australia, 276,268 autos had been listed on the market in December and a complete of 169,312 had been offered in accordance with information revealed by the Australian Automotive Supplier Affiliation (AADA).
Petrol and diesel autos accounted for the lion’s share, with electrical autos (EVs) accounting for 0.7 per cent and plug-in hybrids making up lower than 0.2 per cent. The AADA says the marketplace for used EVs remains to be immature however is anticipated to develop.
The common time to promote a used automotive sat at 50.9 days, down barely from November (52 days). Nonetheless, there’s a broader pattern that’s seeing used autos take longer to promote.
“Regardless of a discount in days to promote from the earlier month, we’re nonetheless seeing a pattern of used autos taking longer to promote with December being the second month in a row that common days to promote is over 50,” mentioned AADA CEO James Voortman.
“The retained worth of automobiles continues to scale back, indicating an enhancing provide state of affairs which ought to
bode nicely for shoppers.”
Beginning in November, the AADA partnered with used automotive market information specialists AutoGrab and began publishing a month-to-month Automotive Insights Report.
It’ll publish an annual report within the coming weeks.
The figures are primarily based on information concerning the variety of used and seller demonstrator automobiles listed as on the market round Australia initially of the month, that are in contrast with the variety of these listings which have been taken down on the finish.
The AADA and AutoGrab provide the next definitions.
- For Sale: Degree of obtainable used and demo automobiles listed on-line by sellers and personal sellers nationally on the time of reporting. AutoGrab processes and de-duplicates listings to determine and get rid of repetitions, guaranteeing that autos listed throughout a number of platforms are counted solely as soon as.
- Gross sales: Whole autos delisted from on-line marketplaces, serving as an in depth proxy to precise gross sales and recorded month-to-month. The delisting depend additionally displays distinctive autos, as AutoGrab processes and deduplicates listings to determine and get rid of repetitions, guaranteeing that autos listed throughout a number of platforms are counted solely as soon as.
Greatest-selling used automobiles
| Mannequin | December gross sales | Change from November | Common days to promote |
|---|---|---|---|
| Ford Ranger | 4159 | -11.2 per cent | 51.3 |
| Toyota HiLux | 3379 | -16.9 per cent | 50.4 |
| Toyota Corolla | 2874 | -14.7 per cent | 34.5 |
| Hyundai i30 | 2166 | -17.5 per cent | 37.5 |
| Toyota Camry | 2142 | -7.8 per cent | 38.9 |
| Mitsubishi Triton | 1973 | -15.1 per cent | 50.1 |
| Mazda 3 | 1954 | -17.0 per cent | 35.2 |
| Toyota RAV4 | 1850 | -14.3 per cent | 43.2 |
| Mazda CX-5 | 1729 | -14.5 per cent | 43.2 |
| Volkswagen Golf | 1717 | -5.8 per cent | 44.2 |
Total used automotive gross sales figures for December 2023
A complete of 276,268 autos had been supplied on the market in December, 55.5 per cent of which had been marketed privately and 44.5 per cent of which had been marketed by sellers. This was an total lower of 9.0 per cent in contrast with November.
A complete of 169,312 autos had been offered – 61.7 per cent privately, 38.3 per cent through a seller. This was a lower of 18.0 per cent in contrast with November.
Each listings and gross sales had been down in each jurisdiction.
| State/territory | Automobiles listed | Automobiles offered |
|---|---|---|
| ACT & NSW | 85,590 | 53,081 |
| VIC | 75,129 | 42,260 |
| QLD | 60,523 | 36,599 |
| WA | 29,891 | 20,736 |
| SA | 17,454 | 11,152 |
| TAS | 5446 | 4004 |
| NT | 2235 | 1480 |
Gross sales by automobile kind
Whereas there have been extra listings of SUVs than every other automobile kind in December, passenger automobiles outsold them total. That’s in sharp distinction with the brand new automotive market, the place passenger automobiles accounted for simply 16 per cent of autos offered in December.
| Listed | Offered | |
|---|---|---|
| Passenger automobiles | 98,538 | 69,982 |
| SUVs | 114,872 | 65,641 |
| Utes | 53,595 | 29,173 |
| Vans and buses | 9263 | 4516 |
Gross sales by gas kind
Petrol-powered autos had been by far the most well-liked, with diesels a distant second.
When it comes to used automotive gross sales, petrol-powered autos accounted for nearly two thirds – 64 per cent – of all gross sales. In distinction, petrol autos accounted for 42 per cent of latest automobile gross sales in December.
Gross sales of all gas varieties had been down from November, although there was a 6.3 per cent enhance within the variety of plug-in hybrid autos listed on the market.
| Listed | Offered | |
|---|---|---|
| Petrol | 163,520 | 109,384 |
| Diesel | 98,345 | 52,431 |
| Hybrid | 10,005 | 5848 |
| Electrical | 3717 | 1270 |
| LPG | 359 | 246 |
| Plug-in hybrid | 322 | 133 |
