The Volkswagen Touareg has been awarded the fastest selling used car, owing to “very strong customer demand.”
According to recent data, the Volkswagen Touareg is the fastest selling used car in the UK.
According to Auto Trader’s Fastest Selling Index, the potential speed at which vehicles may sell is ranked based on current market supply and demand. It discovered that the 2016 automatic diesel Touareg took only 22 days on average to depart dealer lots.
At the Auto Trader New Car Awards, the German SUV was named Best Car for Towing.
The 2018 Ford Edge is expected to sell in 22 days on average.
The 2018 Ford Kuga, 2016 Land Rover Discovery Sport, and 2018 Mercedes-Benz GLA Class are the next automobiles on the list, all of which are expected to sell in 23 days.
The demand for cars after the pandemic, according to Karolina Edwards-Smajda, director of commercial products at Auto Trader.
“We’ve already seen very strong levels of buyer demand grow since the reopening of physical forecourts in April, but it appears that it’s been given an added push in anticipation of the relaxation of most COVID-19 limitations this week,” she said.
“This has a big impact on the speed of sales and used car pricing, as well as the market’s overall health.
“It is still critical, however, for retailers to stay informed about micro and macro market conditions in order to inform their pricing and sourcing strategies, and ultimately to ensure they are making as much profit as possible from their forecourts.”
SUVs are the most popular body style, according to Auto Trader data, with searches up 10 percent year over year.
Despite lower supply levels, which were expected to have fallen by -8.7%, this is the case.
Last week, the average price of a used SUV was £22,288, up 13.1 percent from the previous year.
Volkswagen UK’s National Used Car Manager, Barny Francis, hailed the flagship SUV’s appeal.
“Every age has blended elegance, quality, comfort, and cutting-edge technology to produce enticing packaging,” he remarked.
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“When specified as the striking-looking Black Edition, the current version has proven a major hit with new car purchasers, thanks to features like LED matrix headlights, air suspension, Digital Cockpit, and.”Brinkwire Summary News”.