Press release

Auto Trader Fastest Selling Index | October 2020

The Mazda CX-5 leads diesel's domination as UK's fastest selling used car

According to the latest data from Auto Trader’s Fastest Selling Index, which live tracks the potential speed at which used cars will sell based on live supply and demand in the market, the 2016 Mazda CX-5 (diesel manual) is the UK’s current fastest selling used car, taking an average of just 24 days to sell. It marks the second time the CX-5 has been the fastest seller this year (previously in August), and the seventh time it’s been within the top three.

With the exception of the sporty Peugeot RCZ (2014, petrol - manual), which is the UK’s second fastest selling car, the current top ten is made up of SUVs and MPVs. According to Auto Trader’s Market Insight analytics tool, which is free to use for all of Auto Trader’s retail partners, as of last week (19th – 25th October 2020), SUVs are the most in demand body type, increasing 20.4%[1] year-on-year (YoY).

Overall, the used car market continues to see an ongoing surge in demand, with levels increasing 21.1% last week compared with the same period last year.

The Fastest Selling Index also revealed that used diesels are on average leaving forecourts faster than any other fuel type, with diesels powering nine of the top ten. Whilst the level of demand for used diesels is not as strong as its petrol counterpart, there are far fewer in the market for consumers to choose from, with the level of diesel supply dropping -12.8% on the same period last year. It represents the steepest decline in supply of any fuel type, and by some margin.

As a result of this low supply used diesels are currently recording the highest level of retail price growth, with sticker prices increasing an average of 9.5% YoY last week, marking 23 weeks of consecutive growth.  

Commenting on the Index, Auto Trader’s director of commercial products, Karolina Edwards-Smajda, said: “The latest findings of the Index highlight just how much of an impact the supply and demand dynamics can have on all aspects of the market. In the current retail landscape, it’s absolutely critical for retailers to be aware of these fluctuations, to understand how it will affect their business, and to adapt their forecourt strategy accordingly, including stocking the right vehicles and pricing them correctly. Expertise and experience will always be invaluable, but with such unpredictability in the market, very few retailers can afford to operate on hunch alone.”

 

Current fastest selling used cars (by days to turn) – as of 27th October 2020:

Rank

Make / model

Fuel & transmission

Auto Trader Retail Rating

Predicted days to sell

1

2016 Mazda CX-5

Diesel – Manual

99.60

24

2

2014 Peugeot RCZ

Petrol – Manual

99.22

24

3

2014 Peugeot 2008

Diesel - Automatic

98.41

24

4

2018 Mercedes-Benz V-Class

Diesel - Automatic

98.35

24

5

2014 Kia Sorento

Diesel – Manual

99.58

25

6

2017 Mercedes-Benz V-Class

Diesel – Manual

99.86

26

7

2014 Mitsubishi Outlander

Diesel - Automatic

98.89

26

8

2014 Kia Sorento

Diesel - Automatic

98.12

26

9

2014 Mitsubishi Outlander

Diesel – Manual

97.88

26

10

2016 Mazda CX-5

Petrol - Automatic

98.68

27

 

Current slowest selling used cars (by days to turn) – as of 27th October 2020:

Rank

Make / model

Fuel & transmission

Auto Trader Retail Rating

Predicted days to sell

1

2019 Subaru Forester

Petrol Hybrid- Automatic

1.94

150

2

2019 Lexus IS 300

Petrol Hybrid- Automatic

1.69

149

3

2020 Mercedes-Benz C-Class

Petrol - Manual

1.99

147

4

2019 DS 3 Crossback

Diesel - Manual

1.63

145

5

2020 Audi A4

Diesel – Automatic

2.1

144

6

2019 Volkswagen Passat

Diesel Plug-in Hybrid - Automatic

2.1

143

7

2019 Toyota Prius

Petrol Plug-in Hybrid - Automatic

2.09

141

8

2019 Kia XCeed

Diesel – Manual

1.61

138

9

2018 Hyundai Ioniq

Petrol Plug-in Hybrid - Automatic

2.21

131

10

2020 Mercedes-Benz GLB

Diesel - Automatic

2.95

125

 

 [1] Based on Auto Trader’s Market Insight tool

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