Street Smarts Market Trends
The same used car is about $1,600 cheaper than a year ago, and most of the cars that sold had a price cut first. Should you buy now or wait? Here’s what the data says.
Used cars under $20,000 are selling fast again, but typical prices are about $750 lower than last year. See what it means for buyers and sellers.
More Chinese-brand cars are reaching the used market, and the saving against new ranges from $5,500 to $17,000. The number to compare is the new drive-away price.
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^ Estimated repayment calculation based on an average rate calculated across all fixed P&I used car loans offered by Carma preferred financiers to eligible applicants purchasing a vehicle aged 0-7 years from build date. The interest rates displayed are guides only and does not reflect an offer for any particular product or your situation and does not imply credit is available to you at this rate. Repayments as a result of this simulation can vary based on your personal circumstances including your credit worthiness. Final rate and all applications subject to financier approval. Fees and charges apply. The direct debit frequency options available from financiers may differ.
†within Greater Sydney
NSW Motor Dealer’s Licence: MD087139 • NSW Motor Vehicle Repairer: MVRL59465
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