Used car sales in Australia are on the rise. Australians are moving towards used cars for two main reasons, price and the reluctance to travel on public transport amid the Covid-19 pandemic. Findings recently released by Moody's analytics Auto economist Michael Brisson found what the most popular used car models are in the Australian market.
For dealers, having the most in demand vehicles is essential to keeping a competitive advantage. When selling used cars, the model can make or break your dealerships bottom line.
Here are the best-selling used car models:
Unsurprisingly the Toyota brand has been extremely popular with Australian buyers for many factors such as price, size and safety. Toyota has 5 of the best-selling new cars in Australia.
Some of the most popular Toyota cars consumers are buying are:
- Toyota Hilux
- Toyota Camry
- Toyota Corolla
- Toyota RAV4
- Toyota HiAce
The ford ranger is a popular choice of used car in Australia. The reason for the surge in sales of the Ford Ranger includes the size, multiple uses such as personal or work related and the growing demand from the trade industry who did not shut down over the Covid lockdown.
Similar to the Ford Ranger the Isuzu D-Max also proved popular for Australian buyers. The D-Max offers Australian buyers a variety of different uses for both work and personal use and at a similar price to the Ford Ranger.
The Mitsubishi triton was also one of the most popular used car models for Australian buyers. As a competitor of the Ford Ranger and the Isuzu D-Max, the Mitsubishi Triton offers multiple uses for Australians and at a competitive price.
For Australian dealers, the report released found that the price and the age of the vehicle proved to be the primary reasons for buying these model vehicles. The market is currently looking at used vehicles between 3-5 years old with multiple benefits. A competitive price is essential for dealers in the current market. As demand grows for these models of cars having the best and most competitive price can significantly increase the chance of sale within the first meeting.
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