Will Car Prices Drop In 2024 Australia 2024. From their dizzying highs in 2021, used car prices in australia slowly began to decline not. Finally some good news for australians struggling with cost of living pressures as the average price of a second hand car has dropped significantly.
Prices for used evs under two years old fell 15.6 per cent in 2023, while those aged between two and four years old saw prices plunge 23.4 per cent. It says weaker domestic demand will cool.
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