Press release

Auto Trader Fastest Selling Index | July 2021

Volkswagen Touareg takes the top spot as the UK’s fastest selling used car as average days to turn tumbles

The 2016 Volkswagen Touareg (diesel automatic) has been revealed as the UK’s current (as of 15th July) fastest selling used car taking an average of just 22 days to leave forecourts.

According to the latest data from Auto Trader’s Fastest Selling Index, which tracks the potential speed at which vehicles will sell based on live supply and demand in the market, the German SUV, which won the Best Car for Towing award at this year’s Auto Trader New Car Awards is in similar company. In total eight 4x4s and crossovers made it on to the national top 10 list of fastest sellers.

SUVs are currently the most in demand body type on Auto Trader. Based on the volume of searches and advert views, demand levels have increased 10% year-on-year (as of 15th July 2021), whilst levels of supply have dropped -8.7%. This imbalance of supply and demand has not only given SUVs a very strong market health[1], a 20.5% increase year-on-year, but also helped drive used prices up significantly. Last week, the average price of a used SUV was £22,288, which is a year-on-year increase of 13.1%. 

Commenting on the Index, Auto Trader’s director of commercial products, Karolina Edwards-Smajda, said: “We’ve seen already very strong levels of buyer demand accelerate following the reopening of physical forecourts in April, but it looks as though it’s been given an extra boost in anticipation of the easing of most COVID-19 restrictions this week. This is having a significant influence on the speed of sale and used car prices, as well as the overall market health. It is still crucial however, that retailers keep abreast of the micro and macro market conditions to inform their pricing and sourcing strategies, and ultimately, to ensure they are making as much profit from their forecourts as possible.”

In a further sign of ongoing strength in demand, Auto Trader’s market analysis has revealed that the overall national average days to sell has seen a dramatic decrease since the start of the year. The data shows that it currently takes an average of just 23 days for used vehicles to turn on UK forecourts, down from 43 days at the start of the year and representing a decrease of -47%.

Commenting on the Touareg taking the top spot, Barny Francis, Volkswagen UK’s National Used Car Manager, said: “As our flagship SUV, the Touareg’s appeal is apparent. Every generation has combined luxury, quality, comfort and the latest technology to create a compelling packaging. The latest version, when specified as the striking-looking Black Edition, has proved a big hit with new car buyers, with features such as LED matrix headlights, air suspension, Digital Cockpit and a panoramic roof all included as standard. For used buyers this makes it so much more straightforward to find a car with all the equipment they need.

Buyers purchasing a vehicle from our Volkswagen Approved Used scheme will also benefit from two years’ warranty cover, two years’ MOT, two years’ roadside assistance on all Approved Used cars purchased, and even two services included if they finance the vehicle through a Volkswagen Personal Contract Plan, which is an industry-leading offering. But wherever customers purchase a used Touareg from they are getting all the safety, convenience and dependability people expect from a Volkswagen SUV and we are delighted to see such a high demand for the model.”

Current fastest selling used cars (by days to turn) – as of 15th July 2021:

Rank

Make / model

Fuel & transmission

Auto Trader Retail Rating

Predicted days to sell

1

2016 Volkswagen Touareg

Diesel - Automatic

99.25

22

2

2018 Ford Edge

Diesel - Automatic

98.13

22

3

2018 Ford Kuga

Diesel - Manual

99.33

23

4

2016 Land Rover Discovery Sport

Diesel – Manual

98.85

23

5

2018 Mercedes-Benz GLA Class

Diesel - Automatic

97.79

23

6

2017 Mercedes-Benz SLC Class

Diesel - Automatic

99.03

24

7

2018 Hyundai Tucson

Petrol - Manual

93.30

24

8

2018 Nissan X-Trail

Petrol - Manual

92.18

24

9

2016 Mazda MX-5

Petrol - Manual

91.72

             24

10

2018 Land Rover Range Rover Evoque

Diesel - Manual

91.18

24

 

[1] Auto Trader’s Market Health metric is used to determine strength based on supply and demand levels in the market

This week saw the highest level of new electric car advert views on Auto Trader since the 2030 ban on the sale of new petrol & diesel vehicles was announced, with almost 14% of all new car advert views being for an electric car last Thursday. Will we see this trend continue? https://t.co/sczaVjTeoV
It’s all hands on deck for this week’s tip of the week where @AndrewKorpela shares some best practises to help you keep your forecourt full and ensure the stock on your forecourt is presented in the best possible way. https://t.co/6Lsf00QIRM
In our next webinar, our CEO Nathan Coe joins us to answer the question “Are Auto Trader Buying Cars?” Register now and join us live to find out what he has to say along with all our latest market updates and insights 👉https://t.co/METGnTcqB8 https://t.co/UT1hMfHtqo
The number of people viewing electric vehicles on our platform continues to grow and right now it is the @Tesla Model S that is attracting more advert views than any other electric vehicle on our platform. https://t.co/Q0c8imqzCP
The number of people viewing electric vehicles on our platform continues to grow and right now it is the @Tesla Model S that is attracting more advert views than any other electric vehicle on our platform. https://t.co/Q0c8imqzCP
When it comes to city driving, the @renault_uk Captur came out top at the Auto Trader New Car Awards 2021, winning the Best Car for City Drivers award. https://t.co/FrHpVBTLvb
Buyers looking at petrol and diesel vehicles are increasingly considering an electric vehicle. But considerations are comparatively low when we look at those considering a plug-in hybrid, with 40.6% of such buyers considering an electric vehicle. https://t.co/cyfmYVw5xk
Wondering what's next for car dealers now that restrictions have been eased? Check out last week's webinar to find out what you can expect over the coming months and how to prepare👉 https://t.co/bGqkGxArP3 https://t.co/79L9B623fs
How are our vehicle valuations calculated? @nchking has the answer, and shares exactly how our award winning valuations are calculated entirely by data. https://t.co/u0HIGWAXot
Fantastic to see our winners getting the recognition they deserve! https://t.co/1vrF4Tjo2e

Auto Trader Group plc
Registered in England (Company number: 09439967)

Auto Trader Limited
Registered in England and Wales (Company number: 03909628)

Registered address:

1 Tony Wilson Place
Manchester
M15 4FN
VAT number: GB 614 8918 20

Keep in touch

We use social media to speak to the UK’s largest car buying audience