Nearly two thirds of vehicles sold in Australia last year were used, not new – and prices are falling as stock of new cars improves. There are plenty of familiar names among the top sellers.
More than 2 million used cars were sold in Australia in 2023 – compared to 1.2 million new cars – as prices continued to fall amid improving stock of new vehicles.
Last year 2,013,465 used vehicles were listed for sale – and 2,074,535 were reported as sold – according to data collated by the Australian Automotive Dealers Association (AADA), the peak body