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Glass’s reports strong used car demand for Hyundai i40

The model is a surprise entry in to the top 10, taking an average of just 28 days to sell last month. It is followed in second and third place by the Audi Q3 and Audi S3, taking 31.1 and 31.2 days to sell respectively.

 Glass’s league of fastest selling used cars – best performing

Manufacturer

Model

Average selling time (days)

Hyundai

i40

28.0

Audi

Q3

31.1

Audi

S3

31.2

Jeep

Patriot

32.6

Audi

A1

33.3

Citroen

C4 Picasso

33.6

Land Rover

Discovery 4

33.7

Renault

Captur

33.9

Peugeot

307

34.2

Citroen

DS4

34.3

 

 

Rupert Pontin, Glass’s chief car editor, said: ‘It’s really interesting to watch how trends change each month. I wouldn’t have expected to see Hyundai in quickest sellers, but the 140 is incredibly good value for money and it seems that retail promotions have created quite a demand for the car – this has led to stock levels dropping, demand increasing and days to sale improving quickly.

‘Audi takes three of the top 10 spots, which isn’t unexpected – it just confirms the popularity of the brand in the new and used markets. What is interesting is that Audi’s main rivals, Mercedes and BMW, are conspicuously absent from the top ten and even the top 20 sellers.’

Whilst Pontin said that the recent spate of good weather isn’t yet having an obvious impact on used car sales, that will change in the next month or two.

He added: ‘However we do only have three 4x4s in this month’s top ten compared to eight last months, so the pattern is changing and I’m sure if we see the sun over the next four to six weeks, convertibles will start to show as faster sellers.’

This month’s worst performing models shows a list made up of many different manufacturers for the first time in many months.

 Glass’s league of fastest selling used cars – worst performing

Manufacturer

Model

Average selling time (days)

Citroen

DS3 Cabrio

76.9

Mitsubishi

Mirage

77.7

Seat

Toledo

78.9

Subaru

Legacy

79.6

Kia

Optima

87.5

Volkswagen

Golf

90.7

Vauxhall

Cascada

91.4

Nissan

LEAF

95.5

Ford

Streetka

97.8

Mercedes-Benz

R-Class

104.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

‘The worst scenario really falls on Mercedes,’ continued Pontin. ‘The R-Class remains the slowest selling car in the UK and trade values are falling as the market tries to find a demand point for these very competent cars – being six rather than seven seats does not help.’

‘I’m surprised to see the Mitsubishi Mirage in the slowest sellers list – small cars should be moving quickly in today’s market, but rumour has it these are in plentiful supply with strong deals in new cars drawing business away from the used car markets.’

For more of the latest industry news, click here.

Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.