Latest data from Auto Trader, the UK’s largest automotive marketplace, has revealed the Kia XCeed as the current fastest-selling used car, taking on average just 14 days to leave retailers forecourts. The Tesla Model 3 and Mercedes-Benz EQC were not far behind, taking an average of 14.5 days to sell. 

Although the data is UK based it does provide an interesting pointer to which used cars are currently in demand across the water. It also highlights the Vauxhall Crossland ( 75 days) and Land Rover Range Rover (72.5 days) as the slowest selling models. 

The data shows that it is currently taking an average of 34 days to sell a used car in the UK market. 

For the last six months, electric vehicles have been the fastest selling fuel type, but during the early weeks of 2024, used petrol cars have accelerated past their battery powered counterparts, taking just 26 days to sell, compared to 28 for both EVs and diesel cars. 

Richard Walker, Data & Insight Director at Autotrader commented, “Demand amongst consumers continues to remain strong at the start of 2024 with used cars flying off forecourts just as quickly as last year. With many of the fastest selling used cars less than 12 months old, we’re seeing plenty of appetite for the used versions of the latest models. Although supply in this age cohort is up around 30% year-on-year, it remains below the very strong levels of demand, and as a result, offers a real profit opportunity. It highlights just how important it is to keep a close eye on the latest data to remain ahead of the curve.”