Used car sales March 2024: Market up, EVs see big gains

16 April 2024, 6:01 am

AutoInformed
Used car sales March 2024: Market up, EVs see big gains
Image: CarExpert
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Used car sales March 2024: Market up, EVs see big gains
Image: CarExpert

AutoExec Summary
In March, the Ford Ranger and Toyota HiLux were the best-selling used cars in Australia, with EVs and PHEVs seeing significant gains. Overall used car sales were up 2.6 per cent, with EV sales increasing by 13.1 per cent. New car price cuts have led to lower prices for used cars, and the average time to sell a used car is now 44.2 days. The top 10 best-selling used cars remained the same as in February, and passenger cars were the most sold vehicle type. Brands mentioned: Ford, Toyota, Honda, Mazda.

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