Press release

Korean is king as the Hyundai Tucson is crowned UK’s fastest selling used car

  • 2015 Hyundai Tucson took an average of 19 days to sell in October
  • 9 of the top 10 fastest selling cars powered by diesel
  • i-Control users enjoy 55% improvement on stock turn in October 2018

The Hyundai Tucson reigned supreme in October with the 2015 diesel manual variant claiming the crown as the UK’s fastest selling used car, taking an average of just 19 days to leave forecourts.

The Tucson, which was this year’s winner of Best Car for Long Distances at the Auto Trader New Car Awards, was not the only Hyundai to make the top 10 with the 2017 Hyundai i800 (diesel automatic) taking third place and 2015 Hyundai i30 (diesel semi-automatic) in seventh. The top three was rounded off by Hyundai’s subsidiary, Kia, making an appearance in the number two spot with the 2015 Kia Sorento (diesel automatic).

Regionally, the workhorses of the used car market, namely SUVs and hatchbacks, dominated the list with SUVs claiming victory in East England (2015 Land Rover Discovery Sport - diesel automatic – 24 days), North West (2015 Renault Captur - diesel automatic – 11 days), Scotland (2016 Ford Kuga - diesel manual – 15 days), South (2015 Hyundai Tucson - diesel manual – 10 days), South East (2015 Vauxhall Mokka - diesel manual – 14 days), South West (2015 Ford Kuga - diesel manual – 33 days) and Yorkshire (2014 Nissan Qashqai - diesel manual – 17 days).

Hot on their heels were the ever popular hatchbacks ascending to the throne in the East Midlands (2015 Mercedes-Benz A Class - diesel manual – 24 days), North East (2016 Volkswagen Polo - petrol manual – 23 days), Northern Ireland (2015 Ford Focus - petrol manual – 34 days), Wales (2016 Volkswagen Polo - petrol manual – 30 days) and the West Midlands (2016 Mercedes-Benz A Class - diesel manual – 24 days).

Karolina Edwards-Smajda, Auto Trader’s Director of Commercial Products, said:SUVs continue to be the dominant force in the UK’s used car market. They are consistently in the top three searches of body types on Auto Trader and have been the fastest selling used car more than any other body type in 2018. Our research shows that the most successful retailers are those that are able to turn their stock quickly; as such 4x4s represent a solid investment for retailers looking to maximise profits through fast turning stock.”

Hitting targets will always be determined by how quickly a retailer can turn their stock around and using data is the key to speeding it up. Users of i-Control, Auto Trader’s data management solution, took an average of just 28 days to sell a car in October, compared to a market average of 64 - 55% faster than those that don’t use the data management tool.

The UK’s Top 10 Fastest Selling Used Cars in October 2018:


Rank


Description

Average Days to Sell

Average Retail Price

1

2015 Hyundai Tucson SUV Diesel Manual

19

£14,132

2

2015 Kia Sorento SUV Diesel Automatic

19

£21,369

3

2017 Hyundai i800 MPV Diesel Automatic

19

£15,836

4

2015 Renault Kadjar SUV Diesel Manual

19

£12,841

5

2016 Mazda CX-5 SUV Diesel Manual

20

£16,859

6

2015 Mercedes-Benz GLC-Class SUV Diesel Automatic

20

£26,912

7

2015 Hyundai i30 Hatchback Diesel Semi-Automatic

20

£9,371

8

2016 Mercedes-Benz GLC Class SUV Diesel Automatic

20

£28,563

9

2016 Audi Q5 SUV Diesel Automatic

21

£27,744

10

2012 Peugeot 207 Hatchback Petrol Manual

21

£3,671

-ENDS-

About i-Control:

i-Control is Auto Trader’s data intelligence solutions, which tracks live market movements, recommends what stock to buy, where to find it, how much to pay for it, and how much to sell it for taking into account regional differences in desirability – and is proven to improve stock turn, as we’ve seen, by 55%.

Using a combination of daily guide prices from over 4,500 dealer websites, the 500,000+ ads on Auto Trader and price data from all major auctions, fleet & lease companies and manufacturers, i-Control provides accurate valuations ensuring retailers’ stock is competitively priced from day one.

We’re truly humbled to have been awarded the Used Car Valuations Provider of the Year and Online Advertiser for Used Cars awards at this year’s @CarDealerMag Power Awards as voted for by UK #cardealers. A huge thank you to everyone who voted for us. https://t.co/CUPEDHL2T3
Our second award of the night! We're delighted to have just been awarded the Online Advertiser for Used Cars at this year's @CarDealerMag Power Awards. It means a huge amount to get this recognition from our partners. https://t.co/KHoEs9s18t
Thrilled to have been awarded Used Car Valuations Provider of the Year at this year's @CarDealerMag Power Awards. Thank you to all who voted for us. https://t.co/lHI0BDr1Ln
1 in 4 sales are being lost due to disagreements over part-ex valuations. That’s not just lost sales. But lost time and lost energy. What would these lost sales be worth to your business? #atinsightoftheday https://t.co/fiRTRo528c
Less than 24hrs until out next #webinar with Nathan Coe and @MarshallMotorGp. Register now and if you can't make it live we'll send you the recording https://t.co/lkzIgM8S0L #webinarwednesday #automotive #insights https://t.co/RePEpYeS64
It would seem Gen-Z'ers are now flocking to driving as COVID-19 restrictions get stricter. Find out more including insights from @REDDriving https://t.co/phgW2Ese7g #atinsightoftheday #GenZ https://t.co/P6chl5PmcB
Right now our panel of judges are busy reviewing the self-nomination award entries for this year’s Auto Trader Retailer Awards. Who will they decide are this year’s winners? Find out by registering to join the awards live on the 23rd October at 1pm > https://t.co/ZdjzevlJd3 https://t.co/rpobMrn4yf
In this week’s webinar Nathan Coe & @MarshallMotorGp will be discussing: -September's performance -How the job retention scheme might impact the #automotiveindustry -How #cardealers can finish the year strong & reach their year end objectives Register at https://t.co/yfbWqH66RA https://t.co/8rHpHIsSEG
Next week will see the launch of Retailer Performance Masterclasses (RPM) our all new online masterclass hub. Find out all you need to know in our latest blog post from @chrispenny222 > https://t.co/UUmrTQzbKa #RPM #autotrader #masterclass #insights #bestpractices #cardealers https://t.co/CzREOLoLbW
Our latest audience figures show no signs that last week’s Government announcement has impacted buyer demand with over 2 million visits to our site and 20 million minutes being spent on site by buyers looking for their next vehicle each day last week. #atinsightoftheday https://t.co/h0uTNtWuet

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