As Brits prepare for a summer staycation following the lifting of Covid restrictions, new figures show that eight of the top 10 fastest-selling used cars are family-friendly SUVs.
The fastest-selling motor leaving retailer forecourts right now is the 2016 Volkswagen Touareg, which takes just 22 days to sell.
The Ford Edge, Ford Kuga and Land Rover Discovery Sport are also in hot demand with used cars buyers.
Demand for SUVs has grown 10 percent already this year, shows the data from Auto Trader – supply, however, has not followed suit, failing 8.7 percent.
This is not only leading to fast turnover at car dealers, it’s also pushing up prices – they have risen 13.1 percent year-on-year.
The average price of a used SUV on the marketplace is now well over £22,000.
Auto Trader director 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.”
Since the start of the year, time to sell a used car has nearly halved, from 43 days to 23 days.
Used car buyers are warned that if they see the right vehicle in stock, at an attainable price, they shouldn’t hang around. Chances are, it won’t be there when they return…
Fastest selling cars – July 2021
1: 2016 Volkswagen Touareg
2: 2018 Ford Edge
3: 2018 Ford Kuga
4: 2016 Land Rover Discovery Sport
5: 2018 Mercedes-Benz GLA
6: 2017 Mercedes-Benz SLC
7: 2017 Hyundai Tucson
8: 2018 Nissan X-Trail
9: 2016 Mazda MX-5
10: 2018 Range Rover Evoque
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