Where the figures come from
We look at used cars advertised for sale across Australia, from dealers large and small, and record each car’s asking price, kilometres, year and version. The same car advertised in more than one place is counted once.
Where auction results are public, we also record what cars actually sold for. Sold prices are always shown separately and labelled as sold, never mixed into asking prices.
Listings are checked twice a day, so the figures follow the market as cars are listed, re-priced and sold.
How the figures work
Prices are medians: half the cars are advertised for less and half for more. A median isn’t pulled about by one unusually cheap or expensive car the way an average is.
We never show a figure for fewer than three cars, and we never show individual listings. Near-new cars (under 1,000 km) are kept out of used-car figures and shown on their own.
Asking prices are what sellers hope to get, usually a little above what cars change hands for. Use the figures as a guide to the market, not as a valuation of a particular car.
Independent
We don’t sell cars, take commissions on sales or accept payment to change a figure. Our stories are written by us from the same data.
Questions or corrections: [email protected].