Elon Musk's Tesla Model Y ranks as the least in-demand used car, due mainly to its high second hand price tag, according to new research from Uswitch Car Insurance.
In first place, with a total of 321 listings, the Tesla Model Y is an all-electric compact SUV and despite of its sleek design and impressive performance, its steep used price of nearly £38,000 ruled it out of customer favour.
Following up in second place is its sister model, the Tesla Model 3 electric sedan with only 1,228 listings followed closely by the Skoda Karoq compact SUV with 1,389 total listings at a median used price of nearly £19,000.
The study, carried out by the experts at Uswitch Car Insurance, analysed factors such as average number of listings, median used price and depreciation rate over a 3-year period.
In first place as the most listed second-hand car is the eminently practical Volkswagen Golf hatchback due to its appeal for young professionals and small families
Login to continue reading
Or register with AM-online to keep up to date with the latest UK automotive retail industry news and insight.
Login to comment
Comments
No comments have been made yet.