Electric cars are some of fastest-selling used vehicles in the U.S.
Oct 1, 2017 Sean Szymkowski
2017 Fiat 500e
The 10 fastest-selling used cars in the U.S., Jan-Aug 2017, per data from
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
Six of the top 10 vehicles boast some sort of electrification, and two of
those are purely electric.
According to iSeeCars [
], the fastest-selling used car is the Fiat 500e with its EPA-estimated
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
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
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 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]
Deal of the year? Used Fiat 500e electric cars at $6,500?
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 ...
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