Peugeot secures top spot for second consecutive month as the Peugeot 208 leaves UK dealer forecourts in an average of just 11 days, according to Auto Trader’s latest data.
The vehicle is selling more than two and a half times faster than the national average. In April the 208’s larger counterpart, the 3008, took an average of 12 days to sell.
Richard Walker, Auto Trader’s Data & Insights director, said: “The speed at which used cars sell is a key indicator of the underlying strength of the market.
“Since the New Year, we’ve tracked very robust levels of consumer demand, and whilst the average speed of sale has softened slightly on the record pace we saw in March, the market continues to carry some real momentum behind it.
“Cars are selling faster than last year, retail prices are stabilising, and importantly, with average sales up over 6% in April, more are also being sold. It should give retailers confidence as we approach the summer months.”
At model level, the Toyota Prius followed and the SEAT Leon (petrol plug-in hybrid, 3-5 years) is now the third fastest in May to date.
Petrol models now make up most of the current fastest sellers, reflecting wider used car market trends where petrol is selling faster than any other fuel type. On average, this fuel type is taking around 27 days.
In terms of EVs, just one can be found on the current top 10 list. The Jaguar I-PACE (5-10 years) is currently taking an average of 13 days to sell. However, demand growth for EVs appears to be strong as Auto Trader suggests volume searches and advert views soar above petrol counterparts.
The top three slowest selling cars were the BMW M2, taking 104 days on average to sell, followed by the Fiat 500e (95 days) and the VW ID.3 (90 days).
