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 throughtout the period. The increase was gradual during the early years, but accelerated considerably after 2018, before hitting its peak in the final years.
Starting at just over 2,200 buyers, the figure edged up to about 2,300 in 2015 and then to 2,500 in 2017. By the end of the period, in 2018, the purchase rate climbed to around 2800.
Between 2019 and 2020, there was a dramatic surge in purchases with the total rising from roughly 3,000 to nearly 4,000. Afterward, growth remained positive but less pronounced as the figure rose to approximately 5,100 in 2022 and eventually reached a high pattern at around 5,500 in 2024.
In summary , Australia experienced a substantial expansion in its second hand car market over the decade.