The used-car market is booming but there’s still plenty of money to be made from these homegrown heroes
COVID-19 has had – and continues to have – an extraordinary effect on the used car market. As ships ferrying overseas-made vehicles to Australia virtually stopped arriving, prices of used cars have increased in unprecedented fashion.
Dealers were unable to get stock, auction prices for even very ordinary early-this-century cars – many with engine warning lights blazing – soared and clearance rates remain at near record levels.
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