‘Lunacy’: Dealers dispute claims used-car prices have risen ‘over 30 per cent’

‘lunacy’:-dealers-dispute-claims-used-car-prices-have-risen-‘over-30-per-cent’

Australian dealers have disputed claims that used-car prices have risen by as much as 35 per cent – and say the real figure is closer to “five to 10 per cent”.

According to data from US firm Moody’s Analytics, used-car prices in 2021 are continuing the astronomical trajectory they set in 2020, recording a 35.8 per cent surge over the last 12 months to January – based on wholesale data it compiled.  » Read More