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Top 10 Best Selling Used Cars In Aug23

September 05, 20232 min read

In the ever-evolving world of 'car dealer news', Tesla's Model 3 recently stole the limelight by becoming the fastest-selling used car on the renowned vehicle search platform, Motors.co.uk. Notably, this celebrated vehicle took, on average, just over 17 days to change hands, a statistic exclusively shared with Car Dealer.

This rather swift transaction pace was largely attributed to the strategic price reductions introduced by the esteemed electric vehicle manufacturer. Such an attractive pricing model didn't go unnoticed, with savvy motorists keenly eyeing these reductions and seizing the opportunity to acquire their very own aspirational electric vehicle (EV) at a more palatable price point.

The 'motor trade news' circuit has also been abuzz with another EV – the Mercedes-Benz EQC. This luxurious electric SUV, owing to its alluring pricing, found itself nestled amongst the top 10 fastest-selling used cars in August. In under 25 days, the EQC was being proudly parked in new driveways.

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Lucy Tugby, the esteemed marketing director at eBay Motors Group, of which Motors.co.uk is an integral component, remarked on the trend. She highlighted the evident allure of aspirational electric vehicles, pointing out the appeal of the Tesla Model 3 as a used car. She eloquently stated, "Price cuts have broadened the appeal of the Tesla Model 3 as a used car, making it a desirable and affordable way for buyers to transition to electric." A sentiment echoed by the fact that this prized vehicle averaged a mere 17.1 days on dealer forecourts.

Furthermore, Ms. Tugby also shone a spotlight on the popularity surge of SUVs, from a wide array of brands, in the used car sector. Emphasising their appeal, especially amongst those desiring a roomy family car, she mentioned how these vehicles, particularly the top performers, are outstripping the market average. Whilst the month's frontrunners enjoyed a stay of fewer than four weeks in stock, the broader market observed a steady month-on-month average of 35 days.

imda

Amongst the fleet-footed favourites, the Tesla Model 3 was flanked by vehicles such as the Mitsubishi Eclipse Cross, Seat Tarraco, and the Skoda Kodiaq, all clocking in impressive sales times, solidifying their positions in the top 5. Notably, the Mercedes-Benz EQC and GLA both marked their presence, with the former selling in a swift 24.6 days.

In conclusion, the landscape of used electric vehicles, as covered extensively in car dealer news, is undergoing a palpable shift. Strategic price adjustments and the burgeoning appeal of EVs are driving a robust demand in the market, as adept buyers capitalise on favourable price realignments to procure their dream EVs.

For a comprehensive dive into these insights and more, one can always rely on the in-depth analysis and updates provided by cardealermagazine.co.uk.

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