Australia’s Top-Selling Used Cars Revealed: Which Ones Hold Their Value?

Which used car will give you the perfect balance of retained value and a quick sale?

A recent report from the Australian Automotive Dealer Association (AADA) not only provides insights into Australia’s top-selling used cars but also reveals which ones hold their value the best. Let’s take a closer look at the findings.

In the 5-7 year old passenger car category, the HSV Clubsport leads the pack by retaining a whopping 120.2% of its value on average. However, it takes an average of 118.9 days to sell, which is longer than any other vehicle on the list.

On the other hand, the Honda City retains an impressive 89.2% of its value on average for 5-7 year old cars, and it only takes an average of 15.1 days to sell.

The average time to sell a used car currently stands at 52 days, which is the highest it has been in the past year.

The passenger car lists are dominated by light cars such as the Toyota Yaris and Mazda 2, but larger vehicles like the Ford Falcon and Mustang also make an appearance.

When it comes to SUVs, both rugged, body-on-frame vehicles and small crossovers are present.

It is important to note that the highest retained value does not necessarily mean the quickest sales for these vehicles.

The report details the top 10 cars and SUVs with the best retained value
There has been a gradual decline in retained values after record highs in recent years
Some vehicles are exceeding their new market value
The highest retained value does not necessarily translate to the quickest sales

The AADA’s report sheds light on Australia’s top-selling used cars and their retained value. While some vehicles hold their value exceptionally well, others sell at a faster pace. This information is essential for both car buyers and sellers to make informed decisions.

John Powell

John Powell is a general journalist with a strong focus on national politics. He pursued his studies at the University of Melbourne, where he honed his journalistic skills. With a keen interest in the political landscape, John has become a notable figure in reporting on national politics. His insightful coverage and analysis have garnered attention and respect from both colleagues and readers. With an eye for detail and a dedication to uncovering the truth, John continues to provide informed and balanced reporting on key political issues, making him a valuable asset in the field of journalism.