After months of growth and record sales for used cars in Australia, the market has taken a slight downturn, affecting almost all vehicles apart from fuel-saving hybrids. Data compiled by AutoGrab and published by the Australian Automotive Dealer Association shows 206,804 used vehicles were sold throughout August, a 3.6 per cent decrease on the month prior.
” While they are two of the smallest regions for used vehicle sales, the territories experienced the biggest drops, with the Australian Capital Territory’s figures dropping by 29.1 per cent while the Northern Territory went down by 37.4 per cent. Sales of hybrids bucked the overall trend by increasing 0.6 per cent to 8435 examples sold, with niche LPG-powered cars increasing by 8.9 per cent.