Tag: Used Cars

Cash-strapped motorists fuel used car surge

Budget-conscious motorists are fuelling a surge in used car sales, with dual cab utes topping the pops. See the most popular used vehicles sold in 2023. New figures from the Australian Automotive Dealer

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Used electric car prices plummet after two years, data finds – Drive

18:0430 January 2024 View 1 images Used electric cars have below-average resale value and spend a longer time on sale than other used cars, new Australian data has found. The data, taken from dealer

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2023 used car sales figures show buyer trends and strong demand

Australia’s 2023 used car sales: Key figures 2,074,535 used cars were sold in 2023 Around 61% of used cars were sold privately Petrol (65.8%) and diesel (30.6%) made up the majority of used

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Used car sales surge amid cost of living crunch

Used car sales surged over the course of 2023, and demand is expected to motor ahead as budget-conscious households look to cut spending on luxury items amid the cost of living crunch. New

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Online Used Car Dealer Vroom Shutting Down Leaves Customers In The Lurch

Screenshot: Click2Houston/YouTube We’ve known for a while that things weren’t going great for the online used car dealer Vroom. Back in 2022, it was sued by the state of Texas for its shady

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Australia’s best-selling used cars in 2023

Nearly two thirds of vehicles sold in Australia last year were used, not new – and prices are falling as stock of new cars improves. There are plenty of familiar names among the

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Australia’s used car sales results for 2023 revealed

If you thought the 1.2 million new cars delivered to Australian buyers in 2023 was impressive, the almost 2.1 million used vehicles that changed hands last year shows the pandemic-driven boom hasn’t stopped

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Vroom pulls the plug on online car sales weeks after settling lawsuit with Texas AG

HOUSTON – The once top competitor to Carvana has hit the brakes on its online used car business. Texas-based Vroom announced it’s shutting down its online sales operations and laying off nearly 800

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Floods to push up cost of vehicle ownership and motor insurance

The knock-on effect of the recent floods on Australia’s east coast will affect car insurance premiums for all Australians as well as push up the prices of used cars and parts, says Ms

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Online Used Car Seller Vroom Collapses as Sales Fall, Losses Mount

It’s the age of online shopping, and a few years ago, the race was on to establish the Amazon of used cars. Things haven’t played out that way though, and the likes of

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