Peugeot 2008 tops used car fastest sellers list

The fastest selling used car on dealer forecourts in April was the Peugeot 2008, according to research from Glass’s.

Peugeot’s award-winning small crossover SUV spent an average of 24.8 days on forecourt in the top 10 list of the quickest sellers. The listing also featured a surprise appearance of the long discontinued Rover 25 in second place at 28.6 days, followed by the Nissan Qashqai in third place at 28.7 days.

Rupert Pontin, Glass’s chief car editor, said the findings were particularly welcome for Audi which had four of the fastest selling cars.

“For Audi, this reaffirmation of the brand’s popularity in the used market is very significant, bearing in mind the surge in new registrations over recent years. It shows there is a strong retail demand for the product, which is sure to help with residual values. I think the A1, which has jumped from eighth to fourth, could well be a future number one.”

Meanwhile, the  slowest selling honours went to Mini for its Paceman model which averaged over three months (96.1 days) on forecourts, with the Mini Roadster is the sixth slowest seller at 74.8 days.

“I’m surprised, as Mini is generally a good news brand. It seems that Mini’s venture into a new niche is not being embraced by buyers. I also wonder if there are just too many of these two models in the market right now, and perhaps the residual value expectations of the trade surpass those of the retail buyer,” he said.

Top 10 Used Performers April 2014

  Model Average selling time (days)
1 Peugeot 2008

24.8

2 Rover 25

28.6

3 Nissan Qashqai

28.7

4 Audi A1

30.2

5 Audi A3

30.3

6 Skoda Rapid Spaceback

30.8

7 Chevrolet Orlando

31.2

8 Audi TT

31.2

9 Audi A4

31.8

10 Hyundai i10

31.9

Top 10 Worst Used Performers April 2014          

Manufacturer Model Average selling time (days)
1 Mini Paceman

96.1

2 Vauxhall Cascada

90.4

3 Nissan Leaf

78.9

4 Seat Toledo

78.7

5 Citroen DS5

77.5

6 Mini Roadster

74.8

7 Mercedes CL-Class

73.6

8 Toyota GT86

72.9

9 Fiat 500L

67.9

10 Seat Mii

67.1

Original Story Taken From Motor Trader – http://www.motortrader.com/industry-news/peugeot-2008-tops-car-fastest-sellers-list/

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