The Ford Ka was the fastest-selling used car in the UK in 2018, taking an average of 32 days for dealers to sell, according to data from Indicata UK.
Indicata, a real-time used vehicle management portal from Autorola UK, recorded the fastest-selling used cars out of 1.1 million sold by dealers during 2018 between six and 36 months old.
The Hyundai ix35, at 34 days, was the second fastest-selling used car followed in third place by the Ford Galaxy which took an average of 36 days to sell.
The biggest surprise was the pure electric Renault Zoe which made the top 10 in joint fourth place, on average selling in just 38 days.
The data supports evidence of a growing demand for used electric cars and reinforces that dealers have the growing confidence and knowledge to sell a used EV to a consumer.
Ford dominated the 2018 list with six models in the top 10 including the Ka (1st); Galaxy (3rd); Kuga (5th); Tourneo Connect, Fiesta and EcoSport (= 6th).
At the opposite end of the table, Subaru’s Outback, Forester and XV were the slowest-selling used cars at 103, 105 and 107 days respectively.
Neil Gilligan, national business development manager, Indicata UK said: “Overall the used vehicle market in 2018 was very buoyant and used cars were in high demand. Ford dominated the used market in 2018, while SUVs and small hatchbacks remain the nation’s most popular used car types,” he explained.
“We are pleased to see the Renault Zoe in the top 10 as it’s a strong sign that electric cars are beginning to be accepted in the used market. Without this acceptance as a used car, new EV sales will always struggle to thrive.
“Competitive personal leasing and contract hire monthly rates are reliant on a car having strong residual values and we may start to see electric car costs fall over the coming 12 months if used cars like the Zoe continue to be in such high demand.”
Average used petrol prices rose 15.5% and by nearly £1,400 to £10,370 during 2018 according to analysis of used cars sold online by Autorola UK.
Petrol cars started 2018 in Q1 at £8,978 and rose to £10,370 in Q4, an increase of £1,392 in just 12 months.