when will car prices drop australia

Short version: they’re already easing, but it’s a slow waltz, not a bungee dive.

As supply normalises and fleets de-fleet, used prices drift down, while new-car discounts creep up thanks to fiercer competition—EVs especially sharpening pencils.

Expect it to be patchy: popular utes and hybrids stay firmer, while niche or older models soften faster.

Your best odds are timing and flexibility—EOFY, plate-clearance, model run-out and quarter-end targets are when dealers unclench.

Finance rates, fuel prices and new-model launches nudge the needle more than any crystal-ball date.

Translation: prices will keep trimming sail through the year; shop widely and let sellers compete for you.