The Fastest-Selling Used Cars In America Might Shock You
Here is a rarity these days. This is a list of vehicles which includes zero pickup trucks and only two SUVs, although they definitely fall into the realm of smooth-road crossovers over anything really rugged. It’s not the worst on the list either, but rather a list of the best-selling used cars currently in America. Sedans and sedans dominate this new study of iSeeCars, and that’s pretty telling.
In fact, it is practically the opposite of what is currently happening in the new car market. We recently covered the new car part of this study, which is almost exclusively SUVs. To refresh your memory, iSeeCars examined the sales of new and used vehicles in America over the past few months, analyzing the sales of over 4.4 million vehicles. The emphasis here is not on the total number of sales or the selling price, but rather on how quickly these vehicles sell. It’s a gauge of demand for specific models, and while SUVs are extremely popular with new vehicle buyers, sedans and sedans are absolutely desirable in the used market.
According to iSeeCars, these vehicles sell 1.3 times faster than the average, or 68.9 days on lots from dealers. All but one of the vehicles are pretty close in terms of time, and since we can’t resist the obvious pun, yes, this list could shock you. Here’s how they rank from worst to first.
10. Tesla Model S
Spoiler alert: this won’t be the only Tesla on the list. In fact, Tesla is the dominant automaker this time around and it starts with the Model S. When a used example hits the market, it’s usually gone in 50.7 days.
9. Toyota Corolla hatchback
The Courageous Corolla has a good reputation for practicality and reliability, and bargains can often be found in the used market. Its average selling time is almost identical to that of the Model S at 50.2 days.
8. Honda Accord
Sedans are not dead in America, and the Accord is proof of that. One of the ten best-selling cars of 2019, it’s also popular in the used market with an average of 50 days in the field – almost a draw with the Corolla.
7. Infiniti Q60
The luxurious Infiniti offers a sensational look and impressive performance. Combine that with a low resale value and you have the recipe for a fast car from the dealer lots. The average sell time for a Q60 is 49.4 days.
6. Tesla Model X
With a starting price of around $ 80,000 new, the Model X doesn’t come cheap. As such, the seven-seater EV crossover doesn’t hit the pre-owned market often, and when there is, it typically sells out in 47.6 days.
5. Honda Civic
New or used, the Civic is a popular car. There’s plenty to choose from, but even with such a selection, most used Civics sell out in 47.4 days.
4. Toyota Yaris
Similar to the Corolla, the Yaris is inexpensive and has a reputation for reliability and practicality. 44.8 days is the average selling time for used models.
3. Subaru BRZ
Here’s a bit of an outlier. The BRZ is certainly a niche vehicle that appeals to enthusiasts, but that means you don’t see a lot of it on the used market. As such, they spend 44.5 days on dealer lots before they find new owners.
2. BMW X6
It’s the only traditional crossover SUV on the list. Its coupe styling gives it a sleeker look than standard SUVs, but like the Infiniti, it suffers from terrible resale value. It’s no exaggeration to see these models sell for half the original MSRP in just a few years, which is probably why the X6 sells within 43 days on the used market.
1. Tesla model 3
Tesla is the only automaker to make the list three times. Plus, the Model 3 sells out much faster in the used market than anything else here. When available, it sells out in 29.3 days – far faster than the BMW and less than half the industry average for used cars.