Strong Momentum in the Australian Used Car Market Revealed in March Automotive Insights Report

MEDIA RELEASE

Wednesday 16 April 2025

Strong Momentum in the Australian Used Car Market Revealed in March Automotive Insights Report

The March 2025 Automotive Insights Report (AIR), powered by Australia’s leading automotive platform AutoGrab, highlights significant activity in Australia’s used car market, with robust growth amid tightening supply.

Key insights from the March 2025 report include:

• Used Car Sales Surge: Used car sales nationally jumped by 14.8%, totalling 200,566 vehicles. This marks the third consecutive month of increased sales, emphasizing market resilience.
• Supply Constraints: Total active vehicle listings fell by 4.7%, reflecting tighter availability across most states. Dealers and private sellers successfully moved inventory at a quicker pace despite these constraints.
• Shift in Market Dynamics: The average duration to sell a vehicle rose to 51.3 days, the longest turnaround time since November 2023, indicating evolving buyer behaviour and preferences.
• State Performance: ACT (24.6%), NSW (19.3%), and VIC (17.0%) led state-level sales gains, underlining strong regional market activity.
• Dominance of Popular Models: The Ford Ranger continued its performance as Australia’s top-selling used vehicle for the 19th consecutive month, followed by the Toyota HiLux, with Toyota securing five of the top ten spots.
• Value Retention: The Suzuki Jimny led value retention, achieving 114% retained value.
• EV Market Growth: Electric Vehicle sales increased by 11.6%, despite experiencing a 3.5% decline in overall EV listings, highlighting sustained consumer demand for EVs.

Quotes attributable to Saxon Odgers, Chief Commercial Officer AutoGrab

“AutoGrab’s March data shows strong momentum in the Australian used car market, with sales up 14.8% and over 200,000 vehicles sold nationally.

Despite a 4.7% drop in total listings, most states recorded growth — highlighting tightening supply and healthy demand.

Average days to sell rose to 51.3, suggesting a shift in buyer behaviour.

These trends reinforce the importance of real-time data and pricing insights to help dealers stay competitive and move stock efficiently in a dynamic market.”

media@autograb.com.au

0400 507 023

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