Australian Market Report
Manheim Market Analysis
Manheim Used Car Market Kms by Segment
Manheim Used Passenger Cars by Segment
Normally one of the most stable
segments, the Corporate sector
experienced significant ups and
downs in Q3 compared to Q2.
Like we saw in the Government
segment, the average age was also
slightly down for Corporate vehicles
sold in Q3 (down 2 months) and
kms travelled were also on the rise.
I
n the Government sector the
average kms went up moderately,
by almost 6 per cent compared
to Q2, while at the same time the
average age came down very slightly
(down 3 months).
With a jump of approximately
4,835kms on average for
government vehicles sold in Q3
compared to Q2, one might
have expected a drop in prices.
With strong demand for quality
government vehicles continuing,
buyers took the increased kms in
their stride and sale prices actually
increased.
Average kms were up almost
7,000 compared to the previous
quarter which was reflective of
increased supply from sellers whose
customers held on to vehicles for
longer (ie extending leases) than
usual. With average kms up by
6 per cent, buyers weren’t willing to
pay the prices achieved in Q2, with
an average price drop of 6 per cent
recorded for Corporate vehicles
sold in Q3.
In the Rental segment it was once
again very much a story of highs
and lows. Unlike every other
segment in Q3, the age of Rental
vehicles sold at Manheim actually
increased, albeit only by about 4
months or so. >
Buyers paid on average $457 more
for vehicles in this segment than in
the previous quarter.
Dealer/ Trade
Jan
-14
Fe
b1
Ma 4
r1
Ap 4
r1
Ma 4
y14
Ju
n14
Ju
l
Au -14
g14
Se
p1
Oc 4
t1
No 4
v1
De 4
c1
Jan 4
-15
Fe
b1
Ma 5
r1
Ap 5
r1
Ma 5
y15
Ju
n15
Ju
lAu 15
g15
Se
p1
Oc 5
t1
No 5
v1
De 5
c1
Jan 5
-16
Fe
b1
Ma 6
r1
Ap 6
r1
Ma 6
y16
Ju
n1
Ju 6
lAu 16
g16
Se
p16
Each quarter we will
continue to report on
the performances of our
different market segments,
to provide you with an
overview of the trends in
the age, kms and prices
of vehicles making up the
Manheim used vehicle
market.
200,000
180,000
160,000
140,000
120,000
100,000
80,000
60,000
40,000
20,000
0
Rental
Corporate
Manheim Used Car Market Avg Vehicle Age by Segment
Years
14
12
10
8
6
4
2
0
Jan
Fe 14
bMa 14
r1
Ap 4
rMa 14
yJu 14
n1
Ju 4
l
Au -14
gSe 14
pOc 14
tNo 14
vDe 14
cJan 14
Fe 15
bMa 15
rAp 15
rMa 15
yJu 15
n1
Ju 5
l
Au -15
gSe 15
pOc 15
tNo 15
vDe 15
cJan 15
-16
Fe
bMa 16
rAp 16
rMa 16
yJu 16
n1
Ju 6
l
Au -16
gSe 16
p16
Recent special
event trade
only auctions
with our fleet
and leasing
customers have
also been very
successful and
have no doubt
influenced sales
results.
Kms
Government
Q3
Manheim Used Car Market Avg Sales Price by Segment
Sales Price
$20,000
$18,000
$16,000
$14,000
Segment
Avg Vehicle Age (Years)
Avg Kms
Avg Sale Price
Government
4.5
86,758
$16,850
Corporate
5.5
119,061
$14,350
$6,000
Rental
4.0
101,136
$11,539
$4,000
10.7
174,289
$5,719
$12,000
$10,000
$8,000
Dealer/ Trade
† Source:: Manheim Used Car Market Report
$2,000
$0
Jan
-14
Fe
b1
Ma 4
r1
Ap 4
r1
Ma 4
y14
Ju
n1
Ju 4
lAu 14
g14
Se
p1
Oc 4
t14
No
v1
De 4
c1
Jan 4
-1
Fe 5
b1
Ma 5
r1
Ap 5
r1
Ma 5
y15
Ju
n1
Ju 5
l -1
5
Au
g15
Se
p1
Oc 5
t1
No 5
v1
De 5
c1
Jan 5
-16
Fe
b1
Ma 6
r1
Ap 6
r1
Ma 6
y16
Ju
n16
Ju
lAu 16
g1
Se 6
p16
Passenger & Commercial
Manheim Used Segments Q3
13