This in all probability received’t come as a shock, however the best-selling new autos are usually a number of the best-selling used autos. In its newest evaluation, automotive knowledge firm iSeeCars checked out 9.2 million used automobile gross sales over the previous 5 years to find out the best-selling fashions, discovering that the 2 best-selling used fuel fashions additionally prime the brand new automobile gross sales lists.
The Ford F-Collection and Chevrolet Silverado have been the 2 best-selling used autos, however the Ram 1500 misplaced its No. 3 spot to the Chevy Equinox. iSeeCars’ government analyst, Karl Brauer, famous that larger fuel costs in 2023 contributed to the shift, saying that they “led many consumers away from large trucks and SUVs and into smaller, more fuel-efficient models.”
The Ram solely dropped to the fourth spot, so it’s not a major change, however the Toyota Corolla made the most important enchancment, leaping 5 spots. Others, together with the Honda Civic, climbed a spot or two. Curiously, this 12 months, the Nissan Rogue, Jeep Grand Cherokee, and Ford Escape fell by two or extra locations, with the Jeep and Ford falling out of the highest 10.
The ten best-selling used fuel fashions over the previous 5 years:
- Ford F-150
- Chevrolet Silverado 1500
- Chevrolet Equinox
- Ram 1500
- Toyota Camry
- Honda Civic
- Toyota RAV4
- Toyota Corolla
- Ford Explorer
- Nissan Rogue
Issues are comparable on the electrical aspect, although the modifications are centered extra on buy worth than gasoline financial system. The Tesla Mannequin 3, Mannequin Y, and Chevrolet Bolt EV took the highest three spots, however the dearer Tesla Mannequin S and Mannequin X tumbled down a pair spots, handed by the Chevy and the Nissan Leaf. Brauer attributes that to their buy worth but in addition mentioned that their lack of current updates has made them much less compelling buys in opposition to newer fashions.
The ten best-selling used EVs:
- Tesla Mannequin 3
- Tesla Mannequin Y
- Chevrolet Bolt EV
- Nissan Leaf
- Tesla Mannequin S
- Tesla Mannequin X
- Ford Mustang Mach-E
- Audi E-Tron
- Porsche Taycan
- Volkswagen ID.4
iSeeCars expects these traits to proceed in 2024 as extra consumers look to cut back their buy and possession prices. Used electrical vehicles will begin hitting the market quickly and will make a dent within the total rankings, however Normal Motors is simply releasing its fashions, and Ram received’t accomplish that till late this 12 months on the earliest, in order that they seemingly received’t transfer up anytime quickly.
For extra charts and a deeper dive into the topic, take a look at iSeeCars‘ full report.