The February 2025 edition of the Automotive Insights Report (AIR) shows a modest rebound in used car sales. Using data supplied by AutoGrab, February’s AIR saw sales rise 2.2 per cent to 174,762 units, however this came as total listings declined slightly indicating a tightening in some areas.
The increase in sales marks a positive shift from January, though the broader market continues to adjust. With supply contracting and demand still below historical levels, conditions remain competitive for sellers.
Meanwhile, the average time to sell a used vehicle remained steady at 48.5 days, indicating that vehicles are still moving at a consistent pace, despite some regional variations.
The Suzuki Jimny continued its dominance in retained value rankings, holding the highest resale value among passenger cars and SUVs in both age brackets. With an impressive 108 per cent retained value, the Jimny has consistently outperformed larger and more expensive competitors, reflecting its strong demand in the market.
Ford Ranger retained its position as Australia’s best-selling used car, with a 2.5 per cent increase in sales. Toyota models continued to dominate the top-sellers list, with five of the top ten positions.
Highlights from the AIR for February 2025:
- 174,762 used cars were sold, an increase of 2.2 per cent from January.
- Used vehicle supply fell by 1.8 per cent, with most states experiencing a drop in listings.
- Sales increased in major markets, with VIC (7.0 per cent) and NSW (3.8 per cent) leading the gains.
- Electric vehicle sales rebounded, up 11.4 per cent, though retained values remain under pressure.
- Average days to sell a used car held steady at 48.5 days.
- Japanese brands dominated, taking 8 of the top 10 best-selling models, with Toyota accounting for 5.
Dealers seeking more granular and local data can contact AutoGrab directly for a tailored solution.
If you are a Dealer of a contributing brand and would like access to the monthly report please email Communications Manager Ashleigh Sykes on asykes@aada.asn.au.
