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Weekly report

The week in the market

12–18 October 2026

A closed week, issued the morning it closed and never rewritten. Weeks run Monday to Sunday, from midnight UTC, 8am in Perth.

Snapshot ·

11,264

cars left the market, up 5.7% on the 7 days before; used exits down 11.6% on the same 964 sources

At least 9,052 proved by the seller's own page. One count per car, no listing of it still live; $413.2M in final asks, a ceiling on the deals.

In brief

  1. 1Exits ran up 5.7% (+634) on the 7 days before: 11,696 cars against 11,062, at least 9,052 of them with the seller's own proof of sale.
  2. 2Dealer sites held 61 days of used stock at the week's pace, from 52 in SA to 65 in NSW; electric cars 66 days against 53 for petrol.
  3. 3Dealers cut 23,359 cars' prices against 2,599 rises: 2.12 cuts a day per 100 cars live, up 8.1% on the 7 days before; the median cut was $1,000.
  4. 4The median used asking price closed at $28,490 over 104,306 cars, unchanged on the 7 days before, bases mixed as advertised.
  5. 5Spotlot same-car ask index: the asking prices of the 91,768 used cars on lots right through the week fell 0.5%, value-weighted, with 18.0% of them repriced. It measures what the week's wait cost those cars, not the market's price level. By powertrain: petrol −0.5%, diesel −0.5%, hybrid −0.5%, plug-in hybrid −0.5%, electric −0.5%.
  6. 6Electric cars were 4.4% of the used stock at the close and 2.9% of the used cars that left, −0.2 pts on the 7 days before on the panel. Plug-in hybrids were 0.9% of the stock, median build 2025 and 6,415 km: near-new cars.

Computed from the figures below, each with its count; nothing is a forecast.

What moved

11,696 cars left the market in the latest window of the last eight weeks

Cars that left the market, one per vehicle, summed over each window's recorded days, the last eight weeks · cars · n = 84,247 · as at 18 Oct 2026, 08:50 pm AWST · a hollow bar is a window not fully recorded and a tick is a window before the series began; never filled in

11,696 cars left the market in the latest window of the last eight weeks

Source: the daily roll-up, by window.

23,359 cars cut in the latest window of the last eight weeks

Cars repriced down, once per car per day, summed over each window's recorded days, the last eight weeks · cars · n = 175,393 · as at 18 Oct 2026, 08:50 pm AWST · same marks as the exits chart

23,359 cars cut in the latest window of the last eight weeks

Source: the daily roll-up, by window.

Against the 7 days before: exits up 5.7%, proved exits up 7.7%, cuts up 7.5%, rises down 26.9%; cars live at close down 0.5%; the median used ask unchanged; median days to sell up 3.7%.

Exits ran up 5.7% against the 7 days before

Running total of cars that left the market, day by day, this period in ink and the 7 days before in grey on the same days · cars · n = 11,696 · as at 18 Oct 2026, 08:50 pm AWST · a line stops where a day was not recorded

Exits ran up 5.7% against the 7 days before

Source: the daily roll-up, this window and the one before.

Powertrains

Electric cars were 4.4% of the used stock at the close and 2.9% of the used cars that left, −0.2 pts on the 7 days before on the panel. Plug-in hybrids were 0.9% of the stock, median build 2025 and 6,415 km: near-new cars.

Used cars standing on the last recorded day (2026-10-18) and the period's used cars that left, by the powertrain the listing stated. Shares are of the 100,137 standing and 6,238 leaving cars with one; the standing share's change is against the close of the 7 days before, whole watched corpus, the leaving share's on the constant panel. Medians at the close are over the standing used cars.

Each powertrain: used cars at close and their share, cars that left and their share, each against the earlier period in points, and the median ask, build year, kilometres and days advertised at the close.
PowertrainUsed at closeSharevs priorUsed cars that leftSharevs priorMedian askBuildKmDays advertised
Petrol57,72857.6%0.0 pts3,48655.9%−2.1 pts$23,490202165k44d
Diesel32,24532.2%0.0 pts1,98031.7%+2.0 pts$34,990202189k54d
Hybrid4,8294.8%0.0 pts5138.2%+0.4 pts$39,990202433k46d
Plug-in hybrid8930.9%0.0 pts751.2%−0.1 pts$51,99020256.4k61d
Electric4,3844.4%0.0 pts1822.9%−0.2 pts$44,890202419k58d
LPG580.1%0.0 pts20.0%0.0 pts$10,9902012165k23d
Not stated5,671——286——$29,999202173k27d

Source: the daily fuel roll-up for the standing cars, the sold-car record for the cars that left (used by the one rule, dated by the last day advertised). Standing is used by the one rule from 8 October 2026 and the used label before, a series break the report marks where it falls inside a period.

Electric cars took a median 56 days to sell against 25 for petrol.

The period’s 6,238 used cars that left with a stated powertrain: days to sell over proved exits with a published age, the share cut before leaving over every exit, the median final ask and build year, and each powertrain's share of the 5,814 stated exits on the constant panel against the 7 days before's 6,577.

Each powertrain’s used exits this period: cars that left, of them proved, median days to sell, the share cut before leaving, median final ask, median build year, and the panel share against the period before.
PowertrainLeftProvedMedian daysCut firstMedian askBuildPanel sharevs prior
Petrol3,4862,97225d32.6%$23,990202155.7%−2.1 pts
Diesel1,9801,70227d37.1%$39,990202131.9%+2.0 pts
Hybrid51345834d41.3%$37,99920248.1%+0.4 pts
Not stated28623910d4.2%$17,9902018——
Electric18215256d39.0%$44,79020242.9%−0.2 pts
Plug-in hybrid756762d52.0%$42,88820251.3%−0.1 pts
LPG22[1]—$11,99020080.0%0.0 pts

A days figure in brackets is a count under the floor of 30 dated cars. Used by the one rule; a sale is dated by the last day its listing was advertised.

Electric cars were 2.9% of the panel's used exits in the week of 12 Oct, from 2.2% in the week of 17 Aug

Share of each UTC week’s used exits with a stated powertrain, 17 Aug to 12 Oct. Yellow: the constant panel, the sources watched since 17 August and still read at the week’s close. Grey: every site watched that week. The band between them is coverage, not the market. Hollow where fewer than seven days were recorded.

Electric cars were 2.9% of the panel's used exits in the week of 12 Oct, from 2.2% in the week of 17 Aug

Electric cars were 2.9% of the panel's used exits in the week of 12 Oct (2.9% over every site watched, the difference being coverage), from 2.2% in the week of 17 Aug; hybrids 8.1% from 7.5%: 9 weeks on the same sources.

Source: powertrain_week · sold_car_fact by week, panel and whole corpus.

Electric cars’ share of the standing used stock, week by week

Used cars on the week’s last recorded day with a stated powertrain, whole corpus; no panel, the roll-up reads every site. The line breaks where the used rule changed on 8 Oct: the weeks either side count used cars differently.

Electric cars' share of the standing used stock, week by week

Hybrids’ share of the week’s used exits

Same marks as the electric line above: yellow the panel, grey every site, the band coverage.

Hybrids' share of the week's used exits

Electric cars' share of used exits rose in all 6 states with enough cars to read; Victoria reads highest, at 4.1%

Electric cars’ share of each state’s used exits on the constant panel, 24 Aug to 20 Sept (4 weeks, hollow) against 21 Sept to 18 Oct (4 weeks, yellow). Weeks are pooled so a state reads a share rather than a handful of cars; a state needs 500 stated exits and 15 electric on each side. At right, the electric exits behind each reading.

Electric cars' share of used exits rose in all 6 states with enough cars to read; Victoria reads highest, at 4.1%

ACT 6 to 2, NT 1 to 2 electric exits: too few for a share, so printed as counts.

Source: powertrain_week by state, constant panel.

Chinese brands

Chinese brands by ownership: Aion, BYD, Chery, Deepal, Foton, GAC, Geely, Great Wall, GWM, Haval, JAC, Jaecoo, LDV, Leapmotor, MG, Omoda, Polestar, Smart, XPeng, Zeekr (20 makes, reviewed 7 October 2026). Volvo stays out as a Swedish brand, and Tesla, Volvo and every other badge built in China appear in the VIN figure below instead. A car counts once, at the listing credited with its exit; standing stock is read when the report is made.

Chinese brands were 7.4% of the used cars that left the market, −0.2 pts on the 7 days before on the panel.

Of the used cars that left
7.4%
485 of 6,524 this week
Of the used stock standing
7.7%
8,120 of 105,808 at the close
On the panel, against the 7 days before
−0.2 pts
share of the panel's used exits, 7.7% to 7.4%

They took a median 32 days to sell against 26 for every other make, over 330 and 3,784 dated proved exits; 35.7% had a price cut before leaving against 33.6%; median build 2024 against 2021; median final ask $24,889 against $29,990.

The states, the models and the VIN reading are in the monthly report, over a month of cars.

17 makes had 100 or more used exits in the week; Toyota took 18.6% of them at a median 25 days

Each row one make with 100 or more used exits and 30 or more dated, fastest first. The dot sits on the median days its dated used exits had been advertised and grows with its share of the week’s 6,524 used exits, printed at the right. Yellow: Chinese brands by ownership.

17 makes had 100 or more used exits in the week; Toyota took 18.6% of them at a median 25 days

The Chinese brands on the plot, MG, GWM, took 4.3% between them at medians of 27 to 28 days; the median make elsewhere sold in 25. Each mark is one make: its share of the week's used exits against the median days its dated exits had been advertised.

Source: sold_car_fact by make · make_origin.

Prices: the market and waiting cars

Spotlot same-car ask index: the same 91,768 cars asked 0.5% less at the close of the week than at its start.

The used cars advertised on a watched site at both the start and the close of the period, on the same listing, one car once: the sum of their closing asks over the sum of their opening asks, minus one, so a dearer car weighs more. Prices are the listing's own: before its first change after the close where one exists, else as shown now, else the final ask its exit recorded; the opening price is the one before its first change after the start. A change of price basis on the same listing counts as a move. Pairs more than halved or doubled are set aside as errors and counted. Weeks run Monday to Monday UTC; the level chains the weeks from 100 on 17 August 2026.

Of the 20 biggest models, the waiting Hyundai Kona lost most, −0.9% over 1,015 cars, and the Toyota Landcruiser Prado least, −0.3%.

Over the week, value-weighted
−0.5%
91,768 cars on lots right through it; 4 set aside as errors
Repriced
18.0%
14,936 down, 1,563 up; the median move −2.5%
The average week
−0.5%
9 closed weeks from 17 August 2026: what a week’s wait cost a car still on a lot

What a week's wait cost the same cars, 9 weeks from 17 Aug

Spotlot same-car ask index, each closed week's value-weighted change in the asking prices of the used cars on lots right through it, weeks commencing 17 Aug to 12 Oct · per cent · n = 9 · as at 19 Oct 2026, 08:15 am AWST · a reading of what waiting costs a car, not the market's price level: cars that sold or arrived in the week are outside it

What a week's wait cost the same cars, 9 weeks from 17 Aug

Source: same_car_ask_index, one row per closed week.

By powertrain. Scopes with 500 or more cars.

Spotlot same-car ask index by powertrain: cars, the value-weighted change, the share repriced and the median move among the repriced.
CarsChangeRepricedMedian move
Petrol49,796−0.5%17.7%−2.8%
Diesel28,028−0.5%18.9%−2.3%
Hybrid4,212−0.5%21.2%−1.9%
Plug-in hybrid820−0.5%20.1%−2.1%
Electric3,829−0.5%19.0%−2.2%

By state, most fallen first. Scopes with 500 or more cars.

Spotlot same-car ask index by state, most fallen first: cars, the value-weighted change, the share repriced and the median move among the repriced.
CarsChangeRepricedMedian move
NT954−0.6%16.6%−2.5%
WA14,808−0.6%26.5%−2.5%
SA5,655−0.5%19.3%−2.2%
QLD15,732−0.5%18.8%−2.4%
NSW22,622−0.5%15.5%−2.9%
ACT1,446−0.5%10.7%−4.8%
VIC18,287−0.5%17.9%−2.2%
TAS2,744−0.4%13.8%−3.1%

By segment. Scopes with 500 or more cars.

Spotlot same-car ask index by segment: cars, the value-weighted change, the share repriced and the median move among the repriced.
CarsChangeRepricedMedian move
SUV35,119−0.5%19.8%−2.5%
Wagon16,119−0.5%18.4%−2.5%
Ute12,994−0.4%17.6%−2.0%
Hatch11,116−0.6%16.6%−3.2%
Sedan7,233−0.5%15.9%−3.0%
Van2,388−0.3%13.0%−2.1%
Coupe1,933−0.3%15.6%−2.1%

By model, the 20 biggest. Models with 200 or more of the same cars.

Spotlot same-car ask index by model, the 20 biggest: cars, the value-weighted change, the share repriced and the median move among the repriced.
CarsChangeRepricedMedian move
Ford Ranger3,545−0.5%19.2%−2.0%
Toyota Hilux2,232−0.4%17.5%−1.9%
Toyota RAV41,842−0.4%19.8%−2.2%
Nissan X-trail1,559−0.5%15.5%−3.5%
Mitsubishi Outlander1,492−0.5%18.4%−2.6%
Hyundai Tucson1,448−0.7%22.0%−3.0%
Mazda CX-51,435−0.4%18.1%−2.2%
Ford Everest1,347−0.5%25.0%−1.7%
Subaru Forester1,339−0.6%19.5%−2.3%
Toyota Corolla1,309−0.4%14.4%−2.4%
Toyota Landcruiser1,281−0.5%25.5%−1.4%
Hyundai i301,263−0.5%16.3%−3.1%
Mitsubishi Triton1,254−0.4%16.0%−1.9%
Kia Sportage1,214−0.6%22.0%−2.5%
Toyota Landcruiser Prado1,199−0.3%21.9%−1.6%
Isuzu D-max1,166−0.4%18.2%−1.8%
Mazda 31,018−0.5%13.8%−3.3%
Hyundai Kona1,015−0.9%21.4%−2.9%
Nissan Navara951−0.4%16.4%−2.5%
Kia Carnival930−0.5%19.9%−2.4%

By opening ask. Every car, by the band its opening ask fell in.

Spotlot same-car ask index by opening ask: cars, the value-weighted change, the share repriced and the median move among the repriced.
CarsChangeRepricedMedian move
under $15k15,471−0.7%12.4%−6.7%
$15k to $25k22,839−0.6%16.3%−3.9%
$25k to $40k26,282−0.5%19.3%−2.7%
$40k to $60k16,096−0.5%21.5%−2.0%
$60k and over11,080−0.4%21.2%−1.5%

The series, every closed week and month by scope, is a download: same-car-ask-index.csv. Written once per period and never rewritten.

Of the large states, SA's median used ask moved most, down 0.4% to $27,888

Median used asking price by state, the 7 days before against this period, states with 1,000 or more priced cars both sides; the headline is the largest move among states with 5,000 or more · dollars · n = 8 · as at 18 Oct 2026, 08:50 pm AWST · asking prices as advertised, bases mixed, one price per car; a state's median can move because the yards it watches changed, not only because sellers repriced

Of the large states, SA's median used ask moved most, down 0.4% to $27,888

Source: the daily state roll-up, each window's last recorded day.

Days to sell and stock

61 days of used stock at the week’s pace; SA turned fastest, at 52

Used cars on dealer sites standing at the close, over the cars that left the market per day of the week. Fastest first; a state needs 60 cars leaving to be given a pace.

  1. All dealer sites67,641 standing · 7,764 left61 days
  2. SA6,796 standing · 915 left52 days
  3. WA10,801 standing · 1,459 left52 days
  4. TAS1,535 standing · 181 left59 days
  5. QLD14,699 standing · 1,700 left61 days
  6. VIC11,851 standing · 1,314 left63 days
  7. NSW10,692 standing · 1,156 left65 days

ACT and NT: under 60 cars left in the week, too few to set a pace.

By powertrain

  1. Hybrid4,500 standing · 596 left53 days
  2. Petrol31,856 standing · 4,224 left53 days
  3. Diesel18,941 standing · 2,299 left58 days
  4. Electric2,073 standing · 220 left66 days
  5. Plug-in hybrid893 standing · 90 left69 days

By segment

  1. Hatch7,195 standing · 1,034 left49 days
  2. Sedan4,708 standing · 630 left52 days
  3. Ute9,859 standing · 1,329 left52 days
  4. Van1,459 standing · 178 left57 days
  5. SUV24,139 standing · 2,897 left58 days
  6. Wagon11,745 standing · 1,413 left58 days
  7. Coupe1,196 standing · 129 left65 days

How long the period’s sales had been advertised

6,128 used and demo cars proved sold in the period, of which 4,938 publish the seller’s own listing date and are what this is measured over; the median is 28 days. Unproved exits are excluded: a page that went quiet is not a sale, and a days-to-sell figure built from both would be measuring two different things.

How long the period's sales had been advertised

Cars that left the market · top models

  1. Ford Ranger536
  2. Toyota Hilux274
  3. Mazda CX-5270
  4. Toyota RAV4246
  5. Mitsubishi Outlander234

11,264 in all. one count per physical car in the week of its final exit, no listing of it still live; value is each car's final ask, once

Most repriced · cuts in the period

  1. Ford Rangermedian $1,000931 cuts
  2. Toyota Hiluxmedian $1,000512 cuts
  3. Toyota RAV4median $1,000508 cuts
  4. Ford Everestmedian $1,000494 cuts
  5. Hyundai Tucsonmedian $1,000446 cuts

one count per car per day, however many syndicated copies repeat it; grows as coverage finds more cars

The detail

Against the period before

Against the 7 days before, 5 Oct to 11 Oct: 7 of 7 days recorded in each window. Flows are summed over recorded days, levels read on the last; a comparison the windows cannot bear is left blank with its reason.

This period against the 7 days before, 2026-10-05 to 2026-10-11: cars that left the market, of them proved, cars cut, cars with a rise, cars live at close and the median used ask at close, with the change and, where the windows recorded different numbers of days, the figures per recorded day.
MeasureThis periodthe 7 days beforeChangePer recorded dayOn the panel
Cars that left the market · cars, one per vehicle11,69611,062up 5.7% (+634)—down 11.6%
Of them, proved by the seller's page · cars9,0528,407up 7.7% (+645)—down 2.4%
Cars with a price cut · cars, once per car per day23,35921,722up 7.5% (+1,637)—up 7.1%
Cars with a price rise · cars, once per car per day2,5993,556down 26.9% (−957)—down 19.3%
Cars live at close · cars on the last recorded day157,575158,337down 0.5% (−762)——
Median used asking price at close · one price per car, bases mixed$28,490$28,490unchanged——
Median days advertised at exit · proved exits with a published age, 4,938 and 4,417 cars28d27dup 3.7% (+1d)——

On the panel: 964 sources watched through both periods. The change in used exits, proved exits, cuts and rises is measured on the 964 sources watched from 17 Aug and still read at the close, which carried 93.4% of the period's used exits (6,095 of 6,524); a site joining or leaving the watch between the periods cannot move them. They are the constant panel panel-2026-08-17, the same sources for every change in every issue until it is renewed. Levels are the whole watched market. Used exits there are by the one rule, dated by the last day advertised.

Day by day7 days

Cars and advertisements separately wherever both exist; they differ by about half again. Every day due in this period recorded.

One row per recorded day from 2026-10-12 to 2026-10-18, 7 days recorded: listings and cars live, exits in advertisements and in cars with the proved share, their value in dollars at final asking prices, and cuts and rises as events and as cars. Days that recorded nothing are absent, never interpolated.
DayLive listingsLive carsCars proved soldAll exitsCars cutCars up
2026-10-12234,945157,9001,4971,9464,066498
2026-10-13235,636157,9741,4531,9204,430475
2026-10-14237,234159,0341,3441,5983,505392
2026-10-15238,360159,7011,2611,6423,752450
2026-10-16238,695160,1371,3201,6404,050471
2026-10-17236,794159,3251,6221,9722,122220
2026-10-18234,526157,5755559781,43493

Cars proved sold: cars whose exit the seller's own page proved: its SOLD text, or a 404/410. All exits: cars that left, recounted on 2026-09-03 against the live listings of that day, the wider figure and the one to read with care: it was recounted after the period closed, so a car that has since been re-advertised has left it. Cars cut: cars repriced down, one per car per day. A dash is a day recorded before these columns existed, not a zero.

By state9 states

Levels are the last recorded day; flows are the period’s total. A state gaining watched cars may just be gaining yards.

By state, 9 states, 2026-10-12 to 2026-10-18: cars watched and their median ask in dollars as advertised on the last recorded day, then cars proved sold and cars cut over the whole period. Levels and flows are different quantities.
StateCars at closeMedian askoverMedian kmCars proved soldCars cut
NSW38,583$26,88026,10881k1,6925,248
VIC34,117$29,99020,79668k2,2184,705
QLD33,181$29,99018,11964k2,0085,104
WA22,805$30,99016,93973k1,4694,798
UNKNOWN13,750$22,99510,716113k6871,333
SA9,282$27,8886,77576k5981,460
TAS4,782$29,9903,10267k331571
ACT1,874$24,6701,71384k24187
NT1,585$33,9901,08087k25190

“over” is the cars whose price the median was taken across, which is fewer than the cars standing. Median km is the median odometer of the same used cars, read at the close, half a day after the median ask. The proved column sums to the same total as the day-by-day table, because both are written in one pass under one rule. The cut column does not: cars repriced down IN THAT STATE. A car advertised in two states is in both, so this column does not sum to the market total.

What left, by model12 models

The twelve models with most proved exits; stock and its median used ask on the last recorded day, cuts and rises once per car per day.

The twelve models with most proved exits over 2026-10-12 to 2026-10-18, counted in cars: proved exits, listings live and median used ask in dollars as advertised on the last recorded day, median days advertised, and cuts and rises over the period.
ModelProved exitsLive at closeMedian used askMedian days adv.CutsRises
Ford Ranger1,2609,273$41,99043d1,763188
Ford Everest5744,552$54,98545d99572
Toyota Hilux5734,128$44,99031d85762
Toyota RAV45543,760$38,99031d87062
Hyundai Tucson4925,159$29,99054d863116
Mitsubishi Outlander4844,696$29,99058d766144
Mazda CX-54843,623$27,88847d61194
Nissan X-trail4255,167$27,99177d66864
Hyundai Kona4114,160$29,98950d64680
Kia Sportage3893,843$28,99053d71962
Hyundai i303883,087$22,99036d53943
Subaru Forester3833,520$30,99047d86961
Days to sell, by state and segment4,452 cars

Days to sell by state and segment, 12 Oct to 18 Oct

Median days advertised at exit, used and proved only, by state and body segment · cars · n = 4,452 · as at 19 Oct 2026, 07:23 am AWST · a cell under the floor of 30 cars prints its count instead of a median. Each cell is the median days advertised at exit with the number of cars beneath it. [u] marks a cell under the floor of 30 cars, shown with its count and no figure (32 such cells here). In each row the highest and lowest figures are in bold; nothing is coloured, because a colour would say more than the sample does.
StateSUVWagonUteHatchSedanVanCoupeConvertibleBusPeople moverTruck
VIC25d47129d19027d15817d14219d89[u]26[u]14[u]7[u]1—[u]1
QLD28d40217d18917d22416d14921d79[u]23[u]20[u]6[u]2[u]1—
WA41d32741d17928d17434d11326d7840d30[u]27[u]2———
NSW25d32521d16816d15215d9420d53[u]25[u]8—[u]1——
SA33d13018d6126d3815d33[u]19[u]6[u]1————
TAS34d6116d3438d50[u]17[u]5[u]4[u]4————
NT[u]3[u]5[u]5———[u]2————

Source: the period's proved exits.

What the prices in this report are

As at 2026-10-18, 100,971 live prices were quoted drive-away, 46,439 excluding government charges, and 91,450 did not say. Every median above is a median across that mix.

The corpus behind these figures

Spotlot monitored 234,945 listings on 2026-10-12 and 234,526 on 2026-10-18 (157,575 physical cars after syndication). listings monitored by Spotlot, which grows with coverage; not a count of the Australian market.

What this report withholds, and why

  • new to market: first seen during a coverage ramp is discovery, not listing; withheld until coverage stabilises
  • median ask movement: a median over a sample whose size moves with coverage measures composition; withheld until a week's n holds still

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