The line graph compares the number of Australian residents who purchased a second-hand car over a ten-year period from 2014 to 2024.
Overall, there was an evident and uninterrupted increase in the number of used-car buyers throughout the period. The increase was gradual during the early years but accelerated considerably after 2018, before heating its peak in the final years.
Starting at just over 2,200 buyers, the figure edged up to around 2,300 in 2015 and then to 2500 in 2017. The number had climbed further to around 2800 by 2018, continue this moderate growth pattern in the following years.
Between 2019 and 2021, there was a dramatic surge in purchases, with a total rising from roughly 3000 to nearly 5000, afterward growth remained positive but less pronounced, as the figure rose to approximately 5100 in 2023 and obviously reached a high of around 5500 in 2024. Apparently, Australia experienced a substantial expansion in Australia’s second-hand car market over the decade.