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Used car prices back on their way down in Australia - Car Expert

https://www.carexpert.com.au/car-news/used-car-prices-back-on-their-way-down-in-australia

After a couple of months of higher used vehicle prices, the market appears to be back on its downward trend.

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I think the market has been saturated and is being fulfilled by cheap Chinese imports.

It is hard to justify paying above New Car LIST prices for a 3 year old car out of Warranty when you can buy a new shitbox with 7 year warranty.

Also, a lot of people who purchased cars since COVID are suffering financially, cars are being repossessed and are flooding the market.