Fastest Selling Used Cars of February 2018
- March 16, 2018
- Posted by: Alex Baker
- Category: Automotive Industry, News
The new car market is particularly susceptible to negative headlines and a subsequent lack of confidence, unlike the market for used cars. Often environmental issues and health concerns are the biggest headaches for the industry in the press.
Diesel car registration was down 23.5% in February. Thankfully, the used car market is far more resilient to change or at least much slower to react to trends…
The Continued Popularity of SUV’s
SUVs have continued their strong sales into February, taking 4 places in the top 5. The data shows that the most popular pre-owned cars are between three and four years old. These trends are very important to watch for used car dealers, as we all know, the longer a car sits on a forecourt, the smaller the profit margin. Thankfully the average turn of sale is very low in the used car market currently.
Most Popular Used Cars of February 2018
1ST – Ford KA
The 2016 Ford KA has taken the top spot as fastest selling used car for February 2018. On average, it takes just 17 days for it to exit the forecourts and it’s easy to see why. Smart styling and an efficient engine make it the perfect option for first time buyers and the average commuter.
2nd/4th – Audi Q5
Particularly the diesel automatic variant, the Q5 takes roughly 19 days to find a new owner. Two spaces down the list in 4th place is the manual version too. People seem attracted to the premium brand, their luxury features and state of the art infotainment system are just some of the reasons these cars are being picked up so quickly.
3rd – Vauxhall Antara
Vauxhall’s Antara receives high praise from many motoring experts for its car like handling, it doesn’t pitch and roll like a big SUV; an appealing feature for the more spirited driver. This too took just 19 days on average to find a new home. It seems the SUV trend isn’t going anywhere anytime soon.
5th – Peugeot 3008
The beautifully styled 3008 has every right to be on this list, Peugeot have hit the nail on the head with their take on an SUV. Ample amounts of passenger and luggage room make this the perfect family car. It’s no surprise it takes just 21 days to leave the forecourt!
6th – Renault Captur
The smallest crossover Renault offers comes just outside of the top 5, taking an average of 22 days to sell. The Captur offers the ideal compromise for those who find a Clio too cramped and aren’t quite ready to make the leap to a Megane or Kadjar just yet.
7th – Hyundai ix35
The handsome Korean confirms itself on the list with an average of 22 days to find a new family. It offers SUV looks and ability with the practicality of an MPV while being on par with a hatchback in terms of affordability. It’s the best of all worlds for the crossover.
8th – Volvo XC90
Volvo have received a healthy overhaul in their car department thanks to a substantial investment, the XC90 plants itself firmly at the top of the luxury SUV list, battling valiantly against the likes of Porsche and Land Rover. Like the Hyundai and Peugeot, the Swede takes just 22 days to exit the forecourt and it’s easy to understand why. A fantastic cabin with 7-seat practicality makes for an easy integration into family life.
9th Mazda CX-5
Before the 2015 facelift, the CX-5 was Mazda’s bestselling model in Europe. Its popularity continues in the second-hand market taking roughly 23 days for cash to exchange hands. The mid-sized SUV offers the beautiful styling matched with ultimate practicality. Industry leading technology comes as standard, such as driver fatigue monitoring and lane assist.
10th – Ford Focus
No bestselling list would be complete without a Ford. The humble hatchback takes 23 days to leave the forecourt on average, an impressive figure. The Focus is immensely popular in our island nation, smart styling and superb reliability make it easy to understand why families rave about the hatchback.
8 out of 10 cars on this list are SUVs, regardless of whether you consider a crossover to be a real SUV or not, it still says a lot about our buying habits as a nation. Families are beginning to understand the benefits of increased visibility and superb luggage capacity. Manufacturers are also noticing these trends and making the cars perfectly suited to our lives with economical engines and convenient features like park assist as standard.
When you look at the top 5 particularly though, despite four being SUVs, none are particularly large. Manufacturers have found their sweet spot, the styling and convenience of an SUV with the dimensions of a typical hatchback.