Fleet News

Hyundai i40 is fastest selling used car

The Hyundai i40 was the fastest selling used car last month, taking an average of 28 days to sell, according to Glass’s.

 It is followed in second and third place by the Audi Q3 and Audi S3, taking 31.1 and 31.2 days to sell respectively.

 

 

 

          Glass’s league of fastest selling used cars – best performing

Manufacturer

Model

Average selling time (days)

Hyundai

i40

28.0

Audi

Q3

31.1

Audi

S3

31.2

Jeep

Patriot

32.6

Audi

A1

33.3

Citroen

C4 Picasso

33.6

Land Rover

Discovery 4

33.7

Renault

Captur

33.9

Peugeot

307

34.2

Citroen

DS4

34.3

So what does this month’s top 10 say about whats going on in the UK used car market?

Rupert Pontin, chief car editor at Glass’s, said:“It’s really interesting to watch how trends change each month.

"I wouldn’t have expected to see Hyundai in in quickest sellers, but the 140 is incredibly good value for money and it seems that retail promotions have created quite a demand for the car – this has led to stock levels dropping, demand increasing and days to sale improving quickly.

“Audi takes three of the top 10 spots, which isn’t unexpected – it just confirms the popularity of the brand in the new and used markets.

"What is interesting is that Audi’s main rivals, Mercedes and BMW, are conspicuously absent from the top ten and even the top 20 sellers.”

And is the recent speight of good weather having an impact?

“Not quite yet,” said Pontin. "But I think that will change in the next month or two. However, we do only have three 4x4s in this month’s top ten compared to eight last months, so the pattern is changing and I’m sure if we see the sun over the next four to six weeks, convertibles will start to show as faster sellers.”

This month’s worst performing models shows a list made up of many different manufacturers for the first time in many months.

“The worst scenario really falls on Mercedes” continued Pontin.

“The R-Class remains the slowest selling car in the UK and trade values are falling as the market tries to find a demand point for these very competent cars – being six rather than seven seats does not help.

"I’m surprised to see the Mitsubishi Mirage in the slowest sellers list – small cars should be moving quickly in today’s market, but rumour has it these are in plentiful supply with strong deals in new cars drawing business away from the used car markets.”

 

           Glass’s league of fastest selling used cars – worst performing

Manufacturer

Model

Average selling time (days)

Citroen

DS3 Cabrio

76.9

Mitsubishi

Mirage

77.7

Seat

Toledo

78.9

Subaru

Legacy

79.6

Kia

Optima

87.5

Volkswagen

Golf

90.7

Vauxhall

Cascada

91.4

Nissan

Leaf

95.5

Ford

Streetka

97.8

Mercedes-Benz

R-Class

104.7

 

 

 

 



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