July 4, 2017

Hyundai scores a hatrick in June

Digital
  • 2015 Hyundai i30 takes first and second position as the UK’s fastest selling used cars in June
  • Manual and petrol powered used cars dominate regionally
  • i-Control users enjoy 52% improvement on stock turn

 

4th July 2017 – London: Data from Auto Trader, the UK’s largest marketplace for used and new cars, revealed that variations of the 2015 Hyundai i30 took both the first and second spot as the UK’s fastest selling used car in June. The petrol automatic version took an average of just 16 days to leave the forecourt, followed closely by the petrol manual, which took 19. And, if that wasn’t enough for the South Korean manufacturer, the ix35 (petrol manual) reached fifth on the national top 10 list, taking a very respectable 20 days to turn.

Hyundai isn’t the only brand to enjoy multiple listings for the same model. The 2012 Nissan Qashqai (petrol manual) made it into the top three, with 20 days to turn, followed by the 2015 Qashqai (petrol automatic) in fourth place, also taking 20 days to sell.

Whilst an automatic transmission may have taken the top spot on the national top 10 list, it didn’t fair quite so well across the regions. Of the 13 regions/countries that Auto Trader monitors, eight didn’t feature a single automatic on their respective top 10 lists (East England, North East, Northern Ireland, Scotland, South West, Wales, Yorkshire and West Midlands).

And in terms of fuel types, more regions/countries were powered by petrol. London, North East, North West, Scotland, South, South East, Wales, West Midlands and Yorkshire, all featured a petrol powered used car in the top spot. Only East England, East Midlands, Northern Ireland, and the South West saw a diesel used car take first place.

Hitting targets will always be determined by how quickly a dealer can turn their stock around and using data is the key to speeding it up. Users of i-Control, Auto Trader‘s data management solution, took an average of just 31 days to sell a car in June, compared to a market average of 64 – 52% faster than those that don’t use the data management tool.

Karolina Edwards-Smajda, Auto Trader Retailer & Consumer Products Director, said: “As we enter into the second half of the year it’s reassuring to see that despite ongoing uncertainty, consumer demand for quality used cars remains solid. However, we are seeing the market slowing, and whilst the outlook for both used and new cars remains confident, retailers must ensure they are prepared for more challenging conditions. Embracing the full potential of digital is essential to stand out from the competition, create a more compelling user experience, build trust, and to improve efficiencies across the business.      

“Our data allows us to identify what cars are the most popular across the country, which is key to identifying future sales opportunities. Dealers utilising data tools are much better set to understand which used cars are in demand in their area and how to maximise the speed of sale. We can see that those retailers using i-Control benefit from a 52% improvement on stock turn compared to those that don’t. That means a retailer using a data insight tool can sell more cars, more quickly, making more profit.”

Hyundai UK’s President and CEO, Tony Whitethorn, commented: “I’m delighted to see that the 2015 Hyundai i30 petrol automatic was the number one fastest selling used car in June, with the i30 petrol manual derivative coming a close second place. The i30 is an attractive proposition for consumers offering a combination of quality, reliability, efficiency and high levels of standard specification. Coupled with Hyundai’s industry leading five-year, unlimited mileage warranty that’s fully transferable, it’s a great choice for those in the market for a used vehicle.”

 

The UK’s Top 10 Fastest Selling Cars in June:

Rank Description Average Days to Sell Average Price Position Average Retail Price
1 2015 Hyundai i30 Hatchback Petrol Automatic 16 100.14% £8,864
2 2015 Hyundai i30 Hatchback Petrol Manual 19 100.41% £8,664
3 2012 Nissan Qashqai Hatchback Petrol Manual 20 98.15% £9,003
4 2015 Nissan Qashqai Hatchback Petrol Automatic 20 98.45% £16,349
5 2014 Hyundai ix35 Estate Petrol Manual 20 98.40% £10,474
6 2014 Kia Sportage SUV Petrol Manual 21 99.17% £12,938
7 2013 Chrysler Ypsilon Hatchback Petrol Manual 21 98.23% £4,592
8 2015 Volkswagen Golf Hatchback Petrol Automatic 22 98.06% £20,936
9 2014 BMW 5 Series Saloon Diesel Manual 22 98.25% £13,938
10 2016 Ford Mondeo Hatchback Petrol Automatic 22 99.53% £19,610

 

 

About i-Control:

i-Control is Auto Trader’s data intelligence solutions, which tracks live market movements, recommends what stock to buy, where to find it, how much to pay for it, and how much to sell it for taking into account regional differences in desirability – and is proven to improve stock turn, as we’ve seen, by 52%.

Using a combination of daily guide prices from over 4,500 dealer websites, the 500,000+ ads on Auto Trader and price data from all major auctions, fleet & lease companies and manufacturers, i-Control provides accurate valuations ensuring retailers’ stock is competitively priced from day one.

 

About Auto Trader

Auto Trader Group plc is the UK and Ireland’s largest digital automotive marketplace. Auto Trader sits at the heart of the UK’s vehicle buying process and its primary activity is to help vehicle retailers compete effectively on the marketplace in order to sell more vehicles, faster. Auto Trader listed on the London Stock Exchange in March 2015 and is now a member of the FTSE 250 Index.

The marketplace brings together the largest and most engaged consumer audience. Auto Trader has over 90% prompted brand awareness and attracts an average of 60 million monthly cross platform visits a month, with circa 70% of visits coming through mobile devices.

The marketplace also has the largest pool of vehicle sellers (listing more than 470,000 cars each day). Over 80% of UK automotive retailers advertise on autotrader.co.uk.

For more information, please visit http://about-us.autotrader.co.uk

 

For all trade media enquiries, please contact:

Andrew Nankervis – Senior PR Manager, Auto Trader

Email: andrew.nankervis@autotrader.co.uk

Tel: +44 203 747 7234