It was a banner year for the utilized auto market in 2021. According to Cox Automotive, a file-location 40.9 million utilised vehicles have been sold very last year – a 10 p.c raise about 2020.
Automotive insiders be expecting 2022 to have a pull-back again in used car profits, although, as People are finding sticker shock with increasing fuel costs and provide shortages leading to an total increase in applied automobile prices.
But what ended up America’s favored used cars in 2021? Let us take a seem.
Us citizens like a truck, and 2021’s gross sales figures confirmed it. America’s No. 1 purchased used motor vehicle was a truck – the Ford F-150. We’ll begin with that just one.
Ford’s line of vehicles was the king in 2021, accounting for 3.6 % of utilized car or truck gross sales. Relying on what dimension cab you are trying to find, you could be spending wherever from $30,000-$40,000 for a recent product F-150. This is just evidence that getting a utilised automobile bank loan is likely to demand the aid of an car financial loan calculator.
The people more than at Chevrolet had a wonderful year, way too, when it came to their Silverado 1500. The truck accounted for 2.6 % of utilized profits very last 12 months. With a number of cabs and capabilities available to truck admirers, it is effortless to see why the Silverado 1500 had a great calendar year.
Coming in at third in 2021 and accounting for 2.4 per cent of applied car sales, the Dodge Ram Pickup 1500 is one more American-created truck for the working person. Selections abound for this line of vans, and you could be having to pay upwards of $35,000 for a made use of a single these days.
Trucks may possibly have gotten all the like very last year, but automobiles and sedans also sold well, with Japanese automakers getting property the top 3 places listed here.
At 2. percent of made use of automobile gross sales final 12 months and fourth over-all, Honda’s line of vehicles is an quick decide on for numerous.
Yet another Japanese producer, Toyota, took sixth position in 2021 with 1.9 per cent of all ordered applied automobiles.
Honda’s other well-known sedan product – and one with much more characteristics – arrived in 10th put past calendar year with 1.6 percent of all utilised cars and trucks ordered.
In a 10 years where it seemed like the SUV fell out of favor thanks to growing fuel prices, vehicle producers went again to the drawing board. The outcome? Compact SUVs that manufactured gas mileage a major offering point.
Nissan’s compact SUV, the Rogue, was the fifth most-marketed used vehicle very last year with 1.9 p.c of all utilized revenue.
Released in 2005, the Chevrolet Equinox acquired lovers immediately as a crossover SUV. It accounted for 1.9 per cent of all made use of auto profits past calendar year.
The Ford Escape rolled off assembly traces in 2000 many thanks to a joint venture with Mazda. The result produced 2021’s eighth ideal-offering applied automobile.
Shoppers and vehicle reviewers really like Toyota’s RAV-4. With servicing difficulties much and several, outstanding fuel mileage, and a spacious interior, the RAV4 was the ninth most-marketed vehicle in 2021.