Land Rover’s Discovery Sport claimed first place (£4,000) in the Dealer Auction Retail Margin Monitor’s sub-£10,000 chart and also secured second in the over-£10,000 category, while the Range Rover Sport topped the latter.
The average retail margin of £4,000 is the highest recorded since Dealer Auction introduced separate rankings for vehicles retailing above and below £10,000.
Dealer Auction’s marketplace director, Kieran TeeBoon, said: “As we reach the halfway point of the year, it’s fantastic to see the momentum of the used car market, with record retail margins and growth across the board.
“It provides a strong foundation for the second half of the year, and it’ll be fascinating to see whether this positivity continues.”
June saw Dealer Auction record the highest retail value of vehicles sold (£53.7 million).
SUVs were popular in June’s sub-£10,000 chart, with familiar favourites such as the Nissan Qashqai and Ford Kuga making an appearance.
The Vauxhall Mokka and the Mokka X featured in the top 10, securing fourth and eighth positions.
In the over-£10,000 chart, two mainstream hybrid models – the Toyota Yaris and Nissan Qashqai – placed in the top 10.
Land Rover reclaimed the number one position in the top 10 makes with models retailing under £10,000,. Volvo and BMW completed the top three.
TeeBoon said: “To reach the halfway stage of the year with margins at record levels is hugely encouraging. It’s equally positive to see greater diversity in the vehicles achieving the strongest returns, particularly with more electrified models entering the charts.
“As demand continues to grow, it’ll be interesting to see whether even more dealers turn to hybrid and electric vehicles to maximise profitability, and how their sourcing strategies evolve in response.”
