Photo: Fiat
Question: what is the fastest-selling used car in the United States from your point of view? The Ford F-150 and Toyota Camry are obvious answers, but statistic information from iSeeCars.com reveals something else.
Believe it or not, the hideously unreliable Fiat 500e sits at the top of the ranking, with the BMW i3 and Lexus IS 200t settling for second and third. And so, how is this possible?
“Vehicles that move off dealer lots faster must have the right mix of demand and supply that may be driven by factors like price, unique features, and performance,” explains Phong Ly, the chief executive officer of the online automotive search engine and research website. The study encompasses more than 2.1 million used car sales from January through the month of August 2017. As for the yardstick, it comes in the guise of average days on the market.
According to iSeeCars.com, the fastest-selling used car in America spends an average of 22.2 days on the market, which is rather curious considering how awful the Fiat 500e is when compared to other electric vehicles. As for the models ranked fourth to tenth, these are the Toyota Prius Plug-In Hybrid, Hyundai Veloster Turbo, Nissan Leaf, Scion FR-S, Mercedes-Benz GLC, Ford Fusion Energi, and Tesla Model S.
As you might have guessed by now, hybrid and electric vehicles rule supreme, making up six places of the study’s top ten. On the flip side, the top 10 most popular cars in the United States in the same period looks very different.
Here goes: Honda Civic (26.8 days on the market on average), Nissan Sentra, Toyota Corolla, Honda CR-V, Honda Accord, Hyundai Elantra, Toyota Camry, Toyota RAV4, Nissan Altima, Nissan Rogue. Notice anything strange? Yup, they’re all from Asian brands, not the Big Three from Detroit. The Chevy Silverado 1500 ranks as the most popular American vehicle in the iSeeCars study, coming in 11th place.
“With the exception of the Honda CR-V and Toyota RAV4, the more expensive SUVs and trucks all take more than 33 days to sell, compared to the cheaper sedans, again illustrating the effect of price on moving cars off of dealers' lots,” notes Phong Ly.
“Vehicles that move off dealer lots faster must have the right mix of demand and supply that may be driven by factors like price, unique features, and performance,” explains Phong Ly, the chief executive officer of the online automotive search engine and research website. The study encompasses more than 2.1 million used car sales from January through the month of August 2017. As for the yardstick, it comes in the guise of average days on the market.
According to iSeeCars.com, the fastest-selling used car in America spends an average of 22.2 days on the market, which is rather curious considering how awful the Fiat 500e is when compared to other electric vehicles. As for the models ranked fourth to tenth, these are the Toyota Prius Plug-In Hybrid, Hyundai Veloster Turbo, Nissan Leaf, Scion FR-S, Mercedes-Benz GLC, Ford Fusion Energi, and Tesla Model S.
As you might have guessed by now, hybrid and electric vehicles rule supreme, making up six places of the study’s top ten. On the flip side, the top 10 most popular cars in the United States in the same period looks very different.
Here goes: Honda Civic (26.8 days on the market on average), Nissan Sentra, Toyota Corolla, Honda CR-V, Honda Accord, Hyundai Elantra, Toyota Camry, Toyota RAV4, Nissan Altima, Nissan Rogue. Notice anything strange? Yup, they’re all from Asian brands, not the Big Three from Detroit. The Chevy Silverado 1500 ranks as the most popular American vehicle in the iSeeCars study, coming in 11th place.
“With the exception of the Honda CR-V and Toyota RAV4, the more expensive SUVs and trucks all take more than 33 days to sell, compared to the cheaper sedans, again illustrating the effect of price on moving cars off of dealers' lots,” notes Phong Ly.
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