Why does one car sell for $20,000 while an almost-identical one fetches $14,000? These 12 factors determine resale value in Australia.
1. Make and model. The single biggest driver. A Toyota HiLux depreciates half as fast as a comparable European SUV.
2. Odometer reading. Each 10,000 km band typically costs $800–$2,000 in resale value.
3. Age and year of manufacture. Directly affects value — though some models hold value better than others in the same year range.
4. Service history. A full, documented service history can add $1,000–$4,000 to resale value.
5. Colour. White, silver, and grey maintain the broadest demand. Unusual colours appeal to a smaller buyer pool.
6. Interior condition. Visible wear, stains, or damage significantly affects perceived value even if mechanical condition is perfect.
7. Exterior condition. Dents, scratches, and faded paint all reduce desirability and price.
8. Tyres. Worn tyres signal neglect. New or near-new tyres are worth calling out.
9. Number of owners. One-owner cars command a premium. Each additional owner adds uncertainty.
10. Finance encumbrances. A PPSR-clear car sells more easily.
11. Modifications. Non-factory modifications generally reduce resale value with mainstream buyers.
12. Current market demand. The used car market is cyclical. Utes are in extraordinary demand in 2025; European sedans are not.
White is consistently the most popular colour in Australia and maintains the broadest buyer pool. Silver and grey are close seconds.
Yes — typically $1,000–$4,000 for a mid-range car. Buyers use service history as a proxy for overall care.
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