Used vehicle listings in Australia are drying up with the latest year-on-year decline while demand soars and prices climb. This is due to new vehicle supplies remaining low as a result of production and supply chain slowdowns, according to Michael Brisson, Senior Economist at Moody’s Analytics data firm. “Additionally, used vehicle supplies have been constrained due to leases that were extended and less kilometres driven by fleet companies leading to declined need for turnover in fleet sales.” (Source: CarAdvice) Read the original article…
