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Used Car Market Slows After Strong 2024 - Cautious Outlook for 2025

Summary by AADA
The Australian Automotive Dealer Association (AADA), in partnership with AutoGrab, has released the 2024 Year That Was Automotive Insights Report (AIR), providing a comprehensive analysis of the Australian used car market. While the market experienced strong growth for most of 2024, momentum slowed in the final months, signalling a more measured outlook for 2025.According to the report, total used car sales in 2024 reached 2,324,805 units, a 12.…
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Used Car Market Slows After Strong 2024 - Cautious Outlook for 2025

The Australian Automotive Dealer Association (AADA), in partnership with AutoGrab, has released the 2024 Year That Was Automotive Insights Report (AIR), providing a comprehensive analysis of the Australian used car market. While the market experienced strong growth for most of 2024, momentum slowed in the final months, signalling a more measured outlook for 2025.According to the report, total used car sales in 2024 reached 2,324,805 units, a 12.…

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AADA broke the news in on Wednesday, February 12, 2025.
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