Will Car Prices Drop In 2024 Australian Market. Used car prices are unlikely to fall because dealers will have a hard time bringing in more of them until 2026, cox said. Insight into aussie car market ahead of new year 9news latest stories season 2024.
Used car prices have fallen steadily over the past nine months with the trend to continue in 2024. Australia’s two largest states, new south wales and victoria, led the way, with price drops of 13.2 per cent in 2023 for vehicles between two and four years old, according to.