When you decide to sell your car, you probably want to find a buyer as soon as possible. However, the time it takes can vary massively depending on things like the make and model, age, condition, and mileage. Some vehicles can take substantially longer to sell than others. We want to look at this today, considering AutoTrader data on the slowest selling vehicles at the moment.
Top three
Looking at AutoTrader’s data, we can see that the BMW M2 Coupe took the longest to sell of any model. Sellers would be looking at a massive 104 day wait to secure a sale. To put that into perspective, the fastest selling used car (Peugeot 208) typically sells in just 11 days. Potentially the second hand price, an average of £22,000, or the number of competitors results in the long wait.
Second on the list is the Fiat 500e. This is an electric version of their very popular city car. However, buyers typically aren’t rushing to buy second hand ones. It can take sellers 95 days to complete a deal.
Rounding out the top three is the Volkswagen ID.3. The model is an all electric hatchback, designed to be an eco-friendly alternative to the Golf. It has a lot to offer, but it can take 90 days for people to sell a second hand one.
Other notable models
There are several other interesting models on the top ten list. If you offer a car broker service, you should consider all of this info.
At fourth is BMW with the 2 Series Active Tourer Petrol Plug-In Hybrid. It is an interesting model, with lots of pros. However, the number of buyers seems to be limited with used models taking 89 days to sell.
Next up is Volkswagen’s ID.5. This is an all electric car that is somewhere between a coupe and an SUV. There are three power outputs, so buyers have plenty of choice. However, it takes 84 days for a second hand one to sell, potentially because of the price tags.
In sixth spot is the Audi Q5 Petrol Plug-In Hybrid. This is another SUV, so it has plenty of fans. However, there are some drawbacks too, particularly the range. It takes 80 days to sell a used one.
The iconic Range Rover Sport takes seventh. Land Rover has a reputation for offering some of the best SUVs and off-road vehicles in the world. Sadly, the high price can mean it is tricky to arrange sales. So, sellers may end up holding on to them for 79 days.
Rounding out the top ten is the MG HS SUV Plug-In Hybrid (78 days), a surprising entry for the Ford Mondeo Hatchback (73), and the Mercedes-Benz V-Class (70). Ford’s issue here is there are so many of them on the market.
Consider a car broker service
As you’ve seen, some second hand cars can take a long time to sell. A number of factors are at play here. Sometimes the sellers may even be hurting their chances by not utilising the right platforms to arrange sales. There are plenty of options, including sites like AutoTrader and even auctions.
Another interesting thing could be to speak to a car broker. They could be looking for the exact vehicle you are trying to sell. It could speed up things massively.
If you are unsure about what a car broker service is, or want to look at starting broking yourself, you should browse our website. There is plenty of info and some really useful products. In addition, you can contact us if you need answers for questions.
