Kia XCeed becomes UK’s fastest selling used car
The Kia XCeed is now the UK’s fastest-selling used car. According to data from Auto Trader, it takes just 14 days on average for a retailer to sell it.
The all-electric Tesla Model 3 and the Marcedes-Benz EQC are second and third fastest selling models, taking just 14.5 days to sell, while the Hyundai IONIQ is sold in just 15 days on average.
Meanwhile, SUVs make up six of the 10 current fastest selling used cars. These include the petrol hybrid Ford Puma, Skoda Karoq and Volvo XC60.
By contrast, a used Vauxhall Crossland takes on average 75 days to sell, with the Land Rover Range Rover shifting in 72.5 days.
The data also revealed that petrol cars sell in 26 days on average, with EVs and diesel models taking a further two days to find a buyer.
Richard Walker, data and insight director at Auto Trader, said: “Demand amongst consumers continues to remain strong at the start of 2024 with used cars flying off forecourts just as quickly as last year. With many of the fastest selling used cars less than 12 months old, we’re seeing plenty of appetite for the used versions of the latest models. Although supply in this age cohort is up around 30% year-on-year, it remains below the very strong levels of demand, and as a result, offers a real profit opportunity. It highlights just how important it is to keep a close eye on the latest data to remain ahead of the curve.”
