The Mazda CX-5 is the UK’s fastest selling used car. The Mazda CX-5 with a diesel engine and manual gearbox, specifically. That’s according to Auto Trader, which tracks this sort of thing so that it can make press releases.
Turns out that a 2016 model CX-5 diesel manual will, on average, take just 26 days to sell. The same goes for the Peugeot 3008 (2014 diesel automatic), which also takes 26 days albeit its specific average is slightly higher. The full top ten is below.
These numbers are predictions based on “live supply and demand in the market” which tracks not only vehicle sales but consumer demand in general. According to Auto Trader, current demand “paints an encouraging picture for the industry” because demand is up 28.6% year-on-year for used cars, with 2.1m potential buyers visiting Auto Trader’s various platforms.
In addition, used car prices were actually up 4.6% year-on-year in July, which isn’t necessarily great news for consumers but shows that the market is buoyant in the post-COVID market. August prices are tracking even higher, currently at 6.6%.
Eight of the top ten fastest selling used cars are SUVs, showing just how popular these things are now. On the other hand, of the ten slowest selling vehicles only one of them is an SUV, the Maserati Levante, albeit that’s a hugely expensive model.
Karolina Edwards-Smajda of Auto Trader said: “We’re seeing solid demand across most body types, but the star of the show continues to be SUVs where demand is up by 43.6% year-on-year according to data from our Market Insight tool. This strong consumer appetite, along with the continued rise in used car prices and the record audience we are seeing on Auto Trader, is a strong indicator that the market will remain buoyant in the coming months.”
“Whilst the market is currently recording very strong used car sales few retailers can afford to be complacent. Retailers should capitalise on the huge demand by utilising the most up- to-date data to help make decisions on stock and price, especially at a time where sourcing stock is a challenge, to ensure their forecourts are tailored to their local market.”
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