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Featured Short time on sales lots

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by bwilson4web, Apr 14, 2018.

  1. bwilson4web

    bwilson4web BMW i3 and Model 3

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    It is good to see how quickly used plugin cars sit on the sales lots.

    Source: 6 Used Plug-In Electric Cars That Spend The Least Days On Dealer Lots
    Source2: Fastest-Selling Used Cars in 2017

    Analyzing over 2.1 million 1- to 3-year old used cars sold from January through August 2017, iSeeCars.com found that overall, the average used car takes 33.4 days to sell. However, the top 10 fastest-selling cars take only 70 to 80 percent of that amount of time, ranging from 22.2 to 26.1 days. Six of the top ten are alternative-fuel cars, with three electric cars and three plug-in hybrids. The remaining four gasoline vehicles consist of two sports cars and two luxury vehicles. “Vehicles that move off dealer lots faster must have the right mix of demand and supply that may be driven by factors like price, unique features and performance,” said Phong Ly, iSeeCars.com CEO.

    Topping the overall list and leading the way for plug-in is the Fiat 500e. It spends just 22.2 days on the lots. Its average selling price is crazy low at $9,055, a drop of 40.4 percent from $15,187 last year.

    [​IMG]

    Bob Wilson
     
  2. bisco

    bisco cookie crumbler

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    nothing like high depreciation to move used vehicles quickly.(y)