Monday 3 November 2014

Fastest Selling Cars - Hybrid popularity grows

16:59

The growing appeal of hybrid power is reflected by the presence of three hybrids in the top 10 of Glass’s league of fastest selling used cars for September. They are led by Toyota’s Prius, which holds the top spot for the second month in a row. In third place is the Honda Insight, while Glass’s believes that the Lexus RX has reached its position at number eight largely through sales of the hybrid version.


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

Manufacturer
Model
Average selling time (days)
Toyota
Prius
24.6
Land Rover
Evoque
26.3
Honda
Insight
26.8
Vauxhall
Meriva
27.1
Hyundai
i10
28.8
Audi
A1
30.2
Vauxhall
Zafira
31.1
Lexus
RX
31.2
Volkswagen
Sharan
31.3
Mazda
CX-5
31.3

Glass’s Head of Valuations, Rupert Pontin, says: “It will be interesting to see whether this situation continues over the coming months. The success of the Prius certainly highlights the value-for-money status of this model and reiterates the importance of low running costs to second-hand car buyers.”
Rupert notes that the buying patterns of cost-conscious families, out in force this September, has placed two family-friendly Vauxhall MPVs in the top 10. He feels that the Zafira and Meriva now represent excellent value for money. He is also pleased to see the Mazda CX-5, which he describes as “competent and often underrated”, in 10th place. “Retail buyers have at last seen the appeal of this crossover SUV but generally speaking these are in short supply.”
Buyers spent an average of £16,511 on this month’s top 10 fastest selling used cars, and just £10,717 on the 10 slowest sellers.
For the first time in many months, Merdedes-Benz had no products in the bottom 10 sellers, and in fact none in the bottom 20. Rupert Pontin wonders if that could be indicative of the current feel-good factor for this brand.

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

Manufacturer
Model
Average selling time (days)
Renault
Kangoo
61.6
Rover
45
65.2
Mitsubishi
Mirage
65.6
Nissan
Leaf
65.9
Skoda
Rapid Spaceback
67.3
MINI
Mini Paceman
68.1
Subaru
Outback
68.3
Seat
Toledo
71.3
Subaru
Legacy
72.0
Renault
Scenic
83.8













Three upper medium models languish in the 2nd, 3rd and 4th places from bottom, namely the Subaru Legacy, Seat Toledo and Subaru Outback. “This perhaps signifies the apathy from the retail buyer for this sector of the market,” Rupert suggests. One big surprise among the slowest sellers is Renault’s Kangoo, which has historically proven to be desirable due to its spacious design and individual appearance coupled with a competitive price.
The slowest seller of all is the Renault Scenic, which has been gradually moving towards this position. Rupert concludes: “Despite great interior space, a high driving position and potentially economical engines, poor reliability and build quality have driven this model to the bottom spot.”

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