The 10 SUVs Selling the Fastest on the Used Market in 2018
There’s been a fundamental shift in new auto sales over the past year, and you only need to look at the top 10 to see it. Instead of seeing Toyota Camry and Honda Civic sedans following pickup trucks in the top five, you find the RAV4 and CR-V crossovers in their places.
Indeed, the fastest-gaining vehicles are mostly SUVs, and that has created a bustling used market for popular models in recent years. In fact, because of their popularity on the new-car market, you won’t find pre-owned utility models selling as quickly as electric vehicles.
Still, there is a strong market for used SUVs. According to a new study by iSeeCars.com, there are at least 10 late-model utility vehicles selling faster than the industry average (46 days) in 2018. If you are interested in one of them, you need to act quickly to beat out other shoppers.
10. Jeep Cherokee
- Average time on market: 42.5 days
A used Jeep Cherokee from model years 2015-17 has sold three days faster than the average car, the data showed. Meanwhile, sales of the refreshed 2019 Cherokee were also booming (up 85%) in August.
As we’ll see with a few vehicles on this list, some nameplates are popular at any price point and varying degrees of newness. Cherokee definitely fits that description in 2018.
9. Toyota 4Runner
- Average time on market: 43.3 days
While there’s nothing new about a Toyota 4Runner (last redesigned in 2010), there are several things consumers love about this SUV. For starters, it never lost its truck roots and became a unibody crossover.
Meanwhile, it has been one of the most reliable vehicles of the past decade. That means it’s a great pick for a used vehicle, as there’s a good chance it will keep going indefinitely. Used-car consumers seem to agree, snatching them up four days faster than the average car.
8. Mercedes-Benz GLC
- Average time on market: 41.5 days
While luxury crossovers like Porsche Cayenne (68 days) and Land Rover Discovery Sport (66 days) took forever for owners to sell, the Mercedes-Benz GLC crossover had no such problem. Sellers saw them gone in 41.5 days, or five days faster than the average vehicle.
When looking at used luxury models, depreciation always plays a huge role in the speed of the transactions. Other iSeeCars studies show Mercedes and BMW crossovers among those losing the most value after a few years. A GLC crossover from 2015-17 fits that bill.
7. Volkswagen Tiguan
- Average time on market: 41.5 days
The 2018 Volkswagen Tiguan showed the biggest gains of any vehicle in August (+143%), and the used market has been only moderately tamer this year. From January through July, used late-model Tiguans entered and exited the market in 41.5 days.
Compared to the average, that meant Tiguan owners could stop worrying about selling their vehicle five days sooner than other owners.
6. Infiniti QX60
- Average time on market: 39.8 days
Sales of the brand-new Infiniti QX60 are up 10% in 2018, and that energy appears to have translated to the used market as well. On average, this model sold in less than 40 days.
That’s about seven days quicker than the typical vehicle and eight days faster than the average SUV.
5. Toyota RAV4 Hybrid
- Average time on market: 38.7 days
Now that Toyota has four hybrid RAV4 models available (starting at $27,385), it’s easier for buyers to access this technology (and its standard all-wheel-drive system) at lower price points. Still, a lightly used model will get you an even better deal.
Used-car consumers were jumping on this one fast. On average, a RAV4 Hybrid lasted 38.7 days on the market, or a full week less than a typical vehicle.
4. Lexus RX 350
- Average time on market: 38.5 days
The best-selling vehicle in the Lexus lineup is also a popular model on the used market. On average, sellers moved their RX 350 in 38.5 days, which is more than eight days faster than a typical vehicle would take.
With a starting price just below $44,000, turning to the used market will make sense for a large segment of U.S. consumers.
3. Lexus RX 450 Hybrid
- Average time on market: 37.9 days
The hybrid Lexus RX (450h) moved even quicker than its gas-powered counterpart through the first seven months of 2018. According to the iSeeCars study, models from 2015-17 barely took 38 days to sell. Compared to the typical SUV, the RX 450h moved 10 days faster.
2. Honda CR-V
- Average time on market: 36.9 days
It doesn’t matter whether you’re talking about a new or pre-owned Honda CR-V. In both cases, this popular crossover is a hit among U.S. consumers. Through the first eight months of the year, the automaker logged 250,000 sales of this model.
Ont the used market, owners saw their CR-V from model years 2015-17 sell in just under 37 days. That’s 11 days quicker than the average SUV and 10 better than the average vehicle.
1. Toyota RAV4
- Average time on market: 36.6 days
After the Big Three pickup trucks, Toyota RAV4 is the best-selling vehicle in America in 2018. Through August, this model had found over 280,000 buyers. Among used vehicles, no SUV sold faster (36.6 days) than a 2015-17 RAV4.
With the redesigned 2019 RAV4 coming out later in the year, it’s amazing how much momentum this model has sustained throughout the year. Still, we don’t see any reason why it would slow down, whether you’re talking about the new or used market.
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