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Used car market slows as buyers tighten belts – Automotive Blog

Sales of used cars dropped in the second quarter of 2022, with more than 407,000 fewer vehicles changing hands than in the same period last year.

A total of 1,759,684 used car sales took place between April and June – an 18.8% fall – according to new figures published by the Society of Motor Manufacturers and Traders (SMMT).

Petrol and diesel cars remained dominant during the quarter and accounted for 95.6% of sales, while sales of electric vehicles (EVs) rose by 57% to take 1% of the used market. Plug-in hybrids grew by 1% and hybrids fell by 4%.

Ford Fiesta ST

The Ford Fiesta was the most popular second-hand car in Q2, with transactions totalling 71,429, followed by the Vauxhall Corsa (57,306) and Volkswagen Golf (54,268).

Black was the most popular colour for a used car, followed by blue and grey. Pink cars proved the least popular overall.

Top 10 used cars (April-June 2022)

  1. Ford Fiesta – 71,429
  2. Vauxhall Corsa – 57,306
  3. Volkswagen Golf – 54,268
  4. Ford Focus – 54,144
  5. MINI – 42,268
  6. Vauxhall Astra – 41,277
  7. BMW 3 Series – 40,365
  8. Volkswagen Polo – 33,179
  9. Audi A3 – 29,888
  10. BMW 1 Series – 28,894

Source: automotiveblog.co.uk

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