http://www.greencarreports.com/news/1113004_electric-cars-are-some-of-fastest-selling-used-vehicles-in-the-u-s Electric cars are some of fastest-selling used vehicles in the U.S. Oct 1, 2017 Sean Szymkowski
[images https://images.hgmsites.net/med/2017-fiat-500e_100563676_m.jpg 2017 Fiat 500e https://images.hgmsites.net/med/the-10-fastest-selling-used-cars-in-the-u-s-jan-aug-2017-per-data-from-iseecars_100625560_m.jpg The 10 fastest-selling used cars in the U.S., Jan-Aug 2017, per data from iSeeCars ] Not every car buyer can afford a brand-new vehicle, which often makes gently used vehicles an appealing alternative. But while cars that plug in take only a small share of new-vehicle purchases today—about 1 percent—they're apparently very popular once they're used. In fact, electric and plug-in cars dominate the top 10 fastest-selling used vehicles. Six of the top 10 vehicles boast some sort of electrification, and two of those are purely electric. According to iSeeCars [ https://www.iseecars.com/used_cars-t5989-used-fiat-500e-for-sale#section=studies&study=fastest-selling-2017 ], the fastest-selling used car is the Fiat 500e with its EPA-estimated 87-mile range. We've noted it in the past, but the latest study also mentions the 500e's incredibly low resale values—which likely help make the car a quick mover on used-car dealership lots. The tiny electric car takes just 22.2 days on average to sell on dealer lots. The Fiat 500e's average used sale price is $9,055, and wholesale auction prices of little more than $4,000 can be spotted. Right behind the 500e is the BMW i3, which takes only one day longer to sell, on average, at 23.2 days. The Toyota Prius Plug-In Hybrid sits in fourth place, while the all-electric Nissan Leaf takes the sixth slot. Finally, the Ford Fusion Energi and Tesla Model S round out the bottom of the list. Note that all of these electrified cars sell quicker than two used-car benchmarks: the Honda Civic and Toyota Corolla. However, electric cars' resale value may once again be a major factor ... Four of the six electrified cars on the list experienced double-digit price drops year-over-year; the Leaf dropped 10.3 percent to an average $11,703 price and the Fusion Energi dropped 12.8 percent to an average price of $18,699. As it often is, the Tesla Model S is an exception to the rule: it has actually increased in value on the used-car market. Phong Ly, CEO of iSeeCars, speculated that the scarcity of used Model S sedans and Tesla's general popularity has contributed to the car's used-price increase. Used Model S sedans sold in 2017 carried prices 3.5 percent higher on average than those sold in 2016, with an average of $70,372 this year. Across tens of millions of used sales each year, the average used vehicle takes 33.4 days to movie; each of the electrified cars was significantly lower than that benchmark. Either consumers are warming up to used electric cars faster than new ones, or the price is right. [© 2017 Green Car Reports] ... http://www.greencarreports.com/news/1108058_deal-of-the-year-used-fiat-500e-electric-cars-at-6500 Deal of the year? Used Fiat 500e electric cars at $6,500? http://gearsofbiz.com/2017-study-fiat-500e-still-the-fastest-selling-used-car-in-the-u-s/97000 2017 Study: Fiat 500e Still the Fastest-Selling Used Car in the US 2 October 2017 As you might have guessed by now, hybrid and electric vehicles rule supreme, making up six places of the study's top ten. On the flip side, the top 10 most ... https://s1.cdn.autoevolution.com/images/news-pictures-600x/fastest-selling-used-cars-in-2017-study-ranks-the-awful-fiat-500e-in-first-place-120731-7.jpg For EVLN EV-newswire posts use: http://evdl.org/evln/ {brucedp.neocities.org} -- Sent from: http://electric-vehicle-discussion-list.413529.n4.nabble.com/ _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)