Automotive Industry Digest

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Mitsubishi Outlander becomes August’s fastest selling used car

Auto Trader, the UK’s largest marketplace for new and used cars, has revealed that the 2015 Mitsubishi Outlander (diesel automatic) was on average, the UK’s fastest selling used car last month, taking just 17 days to leave dealers’ forecourts.

Big was clearly best in August, with MPVs and SUVs dominating both the national top 10 list, and the regional trackers. As the UK prepares itself for the autumn and winter months, six SUVs/MPVs made the national top 10, and topped the six of the 13 countries and regions tracked, including: the South West (2015 Ford Kuga diesel manual – 33 days), Wales (2017 Nissan Qashqai diesel manual– 29 days), South England (2015 Hyundai ix35 diesel manual – 17 days), Northern Ireland (2015 Nissan Qashqai Hatchback diesel manual– 31 days), London (2015 Vauxhall Mokka petrol automatic– 11 days), North East (2015 Nissan Juke diesel manual– 21 days).

Whilst July’s fastest selling used car, the Renault Zoe, was knocked off the top spot in August, the all-electric hatchback still came a very respectable second place, with the 2016 automatic taking an average of 19 days to sell.

Karolina Edwards-Smajda, Auto Trader’s Director of Commercial Products, said: “To once again be amongst the top three fastest selling used cars in the UK is a huge achievement for the Renault Zoe, and an important bellwether of the improving consumer attitude towards alternatively fuelled vehicles. This is evident elsewhere on our marketplace; last month AFVs represented five per cent of all fuel related searches, which was a record high.”

Hitting targets will always be determined by how quickly a retailer can turn their stock around and using data is the key to speeding it up. Users of i-Control, Auto Trader’s data management solution, took an average of just 29 days to sell a car in August, compared to a market average of 64 – 54% faster than those that don’t use the data management tool.

Karolina continued: “The key to success in what is an increasingly challenging market, is the ability to respond to consumer demand, whether that be a trend towards alternatively fuelled vehicles or seasonal demand for SUVs or MPVs. Complementing your own experience with real-time data can ensure your forecourt reflects these trends in consumer demand and can also help you price stock according to the live retail market, helping you sell more cars, more quickly, and for more profit.”

The UK’s Top 10 Fastest Selling Used Cars in August 2018:

Rank Make/Model Description Average Days to Sell Average Retail Price
1 Mitsubishi Outlander 2015 Mitsubishi Outlander MPV Diesel Automatic 17 £14,327
2 Renault Zoe 2016 Renault Zoe Hatchback Electric Automatic 19 £6,471
3 Skoda Yeti Outdoor 2015 Skoda Yeti Outdoor SUV Petrol Manual 19 £12,442
4 Ford Kuga 2015 Ford Kuga SUV Petrol Automatic 19 £15,798
5 Citroen C4 Cactus 2015 Citroen C4 Cactus Hatchback Petrol Automatic 19 £9,323
6 Citroen Grand C4 Picasso 2015 Citroen Grand C4 Picasso MPV Diesel Manual 20 £11,565
7 Vauxhall Zafira 2015 Vauxhall Zafira MPV Petrol Manual 20 £10,062
8 Audi A3 Cabriolet 2015 Audi A3 Cabriolet Convertible Petrol Manual 20 £18,141
9 Mercedes-Benz A Class 2016 Mercedes-Benz A Class Hatchback Petrol Manual 21 £16,664
10 Ford Kuga 2016 Ford Kuga SUV Petrol Manual 21 £15,408

Automotive Industry Digest

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