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Peugeot 208 named UK’s fastest-selling used car in May

Petrol cars dominate the Top 10 list.

Peugeot 208 named fastest-selling used car in UK

Angel Sergeev

By: Angel Sergeev

May 14, 2024 at 5:10am ET

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In a recent report from Auto Trader, the Peugeot 208 in petrol variant and up to one year old has been identified as the fastest-selling used car in the United Kingdom for May, with an average time of just 11 days on the market. This performance is more than twice as swift as the national average for used cars, which currently stands at 28 days. The data also reveals an overall improvement in the speed of used car sales, with vehicles selling three days faster than in May 2023.

This marks the second month in a row that a Peugeot model has topped the charts. In April, the larger Peugeot 3008 led the pack, taking an average of 12 days to sell. Additionally, the SEAT Leon (petrol plug-in hybrid, 3-5 years old) has made a notable return to the top 10 list, climbing from the seventh position in April to third in May. The Leon also appears as the sixth fastest-selling car with its younger 1-3-year-old version.

Current fastest-selling used cars (all fuel types)

Rank

Make

Model

Body Type

Fuel Type

Age Cohort
(years)

Avg. days to sell[2]

Peugeot

208

Hatchback

Petrol

up to 1 Year

Toyota

Prius

Hatchback

Petrol Hybrid

3 to 5 Years

12.5

SEAT

Leon

Hatchback

Petrol Plug-in Hybrid

3 to 5 Years

Volvo

XC40

SUV

Petrol

1 to 3 Years

Jaguar

I-PACE

SUV

Electric

5 to 10 Years

SEAT

Leon

Hatchback

Petrol Plug-in Hybrid

1 to 3 Years

13.5

Citroen

Hatchback

Petrol

3 to 5 Years

13.5

Mercedes-Benz

GLB Class

SUV

Petrol

1 to 3 Years

Mercedes-Benz

GLA Class

SUV

Diesel

3 to 5 Years

Ford

Kuga

SUV

Petrol

up to 1 Year

The current trend shows petrol models dominating the fastest-seller list, a shift from April when alternatively fuelled vehicles were more prevalent. Four alternatively fuelled vehicles and one diesel model complete the top 10. On average, petrol cars are selling faster than any other fuel type, with a typical turnaround of 27 days.

The used car market in UK is growing:

UK used car market sees surge in demand and transactions in April

UK used car market sees record momentum in Q1 2024

Among electric vehicles, only the Jaguar I-Pace (5-10 years old) has made it onto the current top 10, with an average selling time of 13 days. EVs overall are selling within 29 days, a slight improvement from April’s 31-day average. However, younger used EVs (3-5 years old) are selling even faster, averaging just 24 days on the market.

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Current slowest-selling used cars (all fuel types)

Rank

Make

Model

Body Type

Fuel Band

Age Cohort
(years)

Average days to sell

BMW

Coupe

Petrol

up to 1 Year

104

Fiat

500e

Hatchback

Electric

up to 1 Year

Volkswagen

ID.3

Hatchback

Electric

up to 1 Year

BMW

2 Series Active Tourer

MPV

Petrol Plug-in Hybrid

up to 1 Year

Volkswagen

ID.5

SUV

Electric

1 to 3 Years

Audi

SUV

Petrol Plug-in Hybrid

up to 1 Year

Land Rover

Range Rover Sport

SUV

Petrol

5 to 10 Years

MG HS

SUV

Petrol Plug-in Hybrid

up to 1 Year

Ford

Mondeo

Hatchback

Petrol

10 to 15 Years

Mercedes-Benz

V Class

MPV

Diesel

3 to 5 Years

In previous years, the fastest-selling used cars in Britain have varied, reflecting shifting consumer preferences and market conditions. For example, in 2022, the Toyota Yaris was a standout, with the hybrid model selling quickly due to increasing interest in fuel-efficient vehicles amid rising fuel prices. Similarly, in 2021, the Ford Fiesta consistently ranked among the fastest sellers, appreciated for its reliability and affordability. The Volkswagen Golf has also been a perennial favourite, often featuring prominently due to its blend of performance and practicality.