The Australian used car market is experiencing a transformative phase, marked by a surge in inventory and evolving consumer preferences. With a notable rise in hybrid and electric vehicle listings, alongside a shift towards dealership sales, the landscape is becoming more dynamic. Online platforms are further revolutionizing the buying process, offering convenience and transparency. Explore these trends to navigate the market effectively.
The Australian Used Car Market: An Overview
The Australian used car market has seen significant changes in recent years, particularly in 2025, with a notable increase in inventory. The number of vehicles listed for sale rose by over 30% compared to the previous year, providing consumers with more choices and potentially affecting pricing dynamics. Despite this surge in supply, sales have only increased by about 2%, indicating a stable demand that has not kept pace with the rising inventory (source).
Trends in Hybrid and Electric Vehicles
The market for hybrid and electric vehicles (EVs) is evolving, with an increase in listings, although sales have slowed. This trend suggests a growing supply and visibility of electrified vehicles in the used car market, making them more accessible to buyers. The depreciation rate for used vehicles, including battery electric vehicles (BEVs), has also slowed, contributing to a more stable market and improved consumer confidence (source).
Dealer Sales and Market Dynamics
There has been a noticeable shift towards dealership sales, with dealer transactions now representing a larger share of total sales compared to previous years. This trend reflects a return to more traditional sales channels after a period of constrained supply and high retained values. Brands like Toyota continue to lead the market, but others such as GWM, Kia, and MG are showing significant growth, indicating a dynamic and competitive landscape (source).
Buying Used Cars Online
Platforms like Cars24 have revolutionized the way Australians buy used cars by offering a comprehensive online marketplace. This platform provides a wide range of high-quality vehicles from popular brands, emphasizing transparency and ease of purchase. Buyers can search, select, and pay for cars online, similar to online shopping, with the added benefit of a 7-day return policy, a 3-month warranty, and roadside assistance (source).
Financing and Additional Services
Financing options are crucial for many buyers, and platforms like Cars24 offer flexible plans with competitive interest rates and quick approval processes. This makes it easier for buyers to purchase a used car within their budget. Additionally, services such as trade-in options, car valuation, and alerts for new listings enhance the overall customer experience, making the car buying process more convenient and efficient (source).
Why You Should Learn More About Used Cars Today
The Australian used car market is undergoing significant changes, offering more choices and better conditions for consumers. With the rise of online platforms and the increasing availability of hybrid and electric vehicles, buyers have more options than ever before. Understanding these trends and the dynamics of the market can help consumers make informed decisions and find the best deals. Whether purchasing through traditional dealerships or exploring online marketplaces, the opportunities in the used car market are vast and varied.