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.
“While the increase in sales is a positive shift from January, the broader market remains in a state of adjustment,” said AADA CEO James Voortman.
“With supply contracting and demand still below historical levels, it remains a competitive market for sellers,” he said.
“Average days to sell a used vehicle remained stable at 48.5 days, suggesting that vehicles are still moving at a steady pace, albeit with some regional fluctuations,” said Mr Voortman.
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.
