The Volkswagen Touareg was the fastest used car off the forecourt for January and is heading Glass’s monthly Hot Five.
Vauxhall has both cause for celebration and concern with the Mokka taking second place but, at the other end of the spectrum, the Cascada has become the single most difficult used car to sell.
The full list is:
Glass’s Hot Five for January
- Volkswagen Touareg
- Vauxhall Mokka
- Chevrolet Orlando
- Skoda Yeti
- Toyota Prius
Commenting, Rupert Pontin, Glass’s Head of Valuations, said:
- “The Volkswagen Touareg is often underrated but offers fantastic build quality, superb engines, great handling and subtle looks. This is the thinking man’s Porsche Cayenne.”
- “A funky looking crossover that seems to have captured the hearts of the C Sector buyer looking for something exciting and appealing to the eye, the Vauxhall Mokka is currently doing well.”
- “Skoda is a brand to watch for 2015 as it begins to become a really desirable alternative to some of the more ‘run of the mill’ mainstream alternatives and the Yeti is very popular.”
- Average selling price for the top five fastest selling cars is £15,791 – up 6.5% on last month
Slowest selling used cars
- Vauxhall Cascada
- Kia Optima
- Seat Toledo
- Renault Scenic
- Suzuki SX4 S Cross
Rupert Pontin, Glass’s Head of Valuations, said:
- “Vauxhall’s Cascada has completed its journey to the bottom of the list becoming this month’s slowest selling car. Such a shame because it is not a bad car but its underlines Vauxhalls’ current disconnect with the retail buyer, Mokka aside. They currently have three cars in the 20 slowest selling models.”
- Seeing the Kia Optima here is a surprise bearing in mind the retail buyer’s love for this highly competent Korean brand. It may just be a case of there being too many Optimas in the market right now.”
- The average selling price for the top five slowest selling cars is £15,062 – 11.7% up on the previous month
About Glass’s Hot Five
Glass’s Hot Five is based on 300 models, all of which have been subject to more than 50 price observations over a four-week period. The set is then split by range, and an average is determined by the number of days that cars have been advertised on web portals. Published once a month, the Hot Five provides insight gleaned from GlassNet Radar, Glass’s live retail pricing system that provides up-to-the-minute pricing around the country. This looks at average selling times for used cars based on the number of days that cars tend to stay on the forecourt. Providing the most accurate analysis of retail observations around the country, Radar has been improving profitability for dealers since its launch last year.
Glass’s is the largest vehicle data provider in Europe, offering products and solutions that are invaluable at every stage of a vehicle’s lifecycle. These include key valuation, technical and fleet management data, estimating, bodyshop and dealer management systems and web-based services. Founded in 1933 by William Glass, the first Glass’s Guide to Car Values – widely referred to as the used car dealer’s bible – was published in July of that year.