Mar 12, 2025

Automotive Insights Report – February 2025

MEDIA RELEASE

Wednesday 12 March 2025

Used Car Market Rebounds in February

The latest Automotive Insight Report for February 2025, powered by Australia’s leading automotive platform, AutoGrab, reveals a 2.2% monthly increase in used car sales, reaching 174,762 units while total listings declined marginally.

Key Highlights:

Ford Ranger remains Australia’s best-selling used car, with sales up 5%
Toyota stands out with five of the top ten best-selling models.
Suzuki Jimny tops retained value rankings, holding 108% retained value
EV sales surged 11.4%, though retained values remain under pressure.
Used vehicle supply fell by 1.8%, with most states seeing fewer listings.
VIC (7.0%) and NSW (3.8%) led sales growth.
Average days to sell was steady at 48.5 days.

Quotes attributable to AutoGrab’s Chief Commercial Officer, Saxon Odgers

“Australia’s used car market is showing strong signs of recovery, with demand stabilising and prices adjusting after recent volatility.

Increased consumer confidence, improved stock availability, and a more predictable supply chain are driving renewed activity.

Dealers and sellers who adapt to shifting market conditions with competitive pricing and transparency will be best positioned to capitalise on this rebound.

The full report published in conjunction with the Australian Automotive Dealers Association is available below.