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You may be interested to read that in 2023 there was a large rise in the number of used cars being sold in the UK in comparison to the previous year. This could be due to a number of factors but one reason is likely to be due to the difficult economic climate here in the UK. There are no doubt a large number of motorists who are just not in a position financially to buy a brand new car but are instead having to look for a quality second hand car perhaps in better condition than their existing car and with a lower mileage.
In 2023, there were 7,242,692 used cars sold compared to 6,890,777 in 2022. That was an increase of 5.1% according to figures published by the Society of Motor Manufacturers and Traders (SMMT).
The top 5 selling used car models in 2023 were as follows: –
1. Ford Fiesta 308,017
2. Vauxhall Corsa 237,705
3. Volkswagen Golf 227,427
4. Ford Focus 223,417
5. Vauxhall Astra 160,736
As you can see, the Ford Fiesta was by a long way the most popular selling used car in 2023. It is also interesting to see that the Ford Focus was the 4th most popular selling second hand car last year.
There are so many factors that a car purchaser takes into account when deciding which used car to buy. One of those is the colour of the car.
Below are the top 5 colour choices of second hand car buyers: –
1. Black 1,549,954
2. Grey 1,231,314
3. Blue 1,181,741
4. Silver/Aluminium 1,111,539
5. White 1,071,042
So, as1 you can see from the above, the colour black was by far the most popular colour choice for used car buyers here in the UK.
The most popular fuel types were: –
1. Petrol 4,079,555
2. Diesel 2,747,911
3. Hybrid 221,859
4. Electric 118,973
5. Plug-in Hybrid 65,837
It is pleasing to see that used electric cars are changing hands and it will be interesting to see if these figures increase throughout 2024. We will keep readers updated.