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19.
December
2014.
Toyota Prius tops Glass's Hot Five

[image]PRESS RELEASE

19th DECEMBER 2014

 

Toyota Prius tops Glass's Hot Five

Archetypal hybrid heads list of fastest selling used cars for December

The Toyota Prius is the fastest used car off the forecourt for December and is heading Glass's monthly Hot Five.

Chevrolet, perhaps surprisingly following their withdrawal from the UK market, also have two models in the Hot Five while, at the other end of the spectrum, Renault's Scenic remains the most difficult used car to sell.

The full list is:

Glass's Hot Five for December

  1. Toyota Prius
  2. Chevrolet Orlando
  3. Chevrolet Cruze
  4. Skoda Yeti
  5. Audi Q3

    Commenting, Rupert Pontin, Glass's Head of Valuations, said:

    • "There are now more Priuses available in the market but demand remains strong both from private buyers and business, with many starting to be used as taxis."
    • "The Cruze and Orlando are both great value for money but Chevrolet's withdrawal from the UK market could be part of the reason for their appearance in the Hot Five, thanks to low levels of availability and therefore increased desirability." 
    • "The Audi Q3 is coming of age in used market terms with increased numbers reaching the market. It offers comfort, looks, ability and excellent build quality from a very strong brand."
    • Average selling price for the top five fastest selling cars is £14,782.

    Slowest selling used cars

    1. Renault Scenic
    2. Suzuki SX4 S Cross
    3. Vauxhall Cascada
    4. Seat Toledo
    5. Mitsubushi Mirage

      Rupert Pontin, Glass's Head of Valuations, said:

      • "The Renault Scenic can be a great car so long as you can find a reliable example with a genuine odometer and great service history - but that is a bit like finding a needle in a haystack."
      •  "It is a shame to see the Vauxhall Cascada in this position because it looks good and drives well. Unfortunately, there are just too many in the market at unrealistic prices and most of its rivals do all the important things just a little bit better." 
      • Average selling price for the top five slowest selling cars is £13,483.

      About Glass's Hot Five

      Glass's Hot Five is based on 300 models, all of which have been subject to more than 50 price observations over a four-week period. The set is then split by range, and an average is determined by the number of days that cars have been advertised on web portals. Published once a month, the Hot Five provides insight gleaned from GlassNet Radar, Glass's spot pricing system that provides up-to-the-minute pricing around the country. This looks at average selling times for used cars based on the number of days that cars tend to stay on the forecourt. Providing the most accurate analysis of retail observations around the country, Radar has been improving profitability for dealers since its launch last year.

      About Glass's

      Glass's is the largest vehicle data provider in Europe, offering products and solutions that are invaluable at every stage of a vehicle's lifecycle. These include key valuation, technical and fleet management data, estimating, bodyshop and dealer management systems and web-based services. Founded in 1933 by William Glass, the first Glass's Guide to Car Values - widely referred to as the used car dealer's bible - was published in July of that year.

      For further details:

      • Simon Wells, Paperchase PR, 07768 912 430, simon@paperchasepr.co.uk
      • Sanjay Misty, Paperchase PR, 07810 368 772, sanjay@paperchasepr.co.uk

      ends