Are you in the market for a used car and wondering what people are buying? Or you are a seller and want to know which cars retain their value and sell quickly? Knowing which used cars sell quickly can provide insight into current market trends and consumer preferences, providing valuable information for both buyers and sellers. Interestingly, the most popular cars aren’t the fastest-selling used cars this year, according to the iSeeCars annual market survey.
The data proves the most popular used models are losing their tentacle grip on the used car market as auto shoppers widen the net in search of the best value wherever it can be found – popular or not. Notably, Toyota and Honda dominate the top ten positions for best-selling used cars for 2023. In any case, used cars aren't just selling significantly faster than new models (an average of 39 days versus 48 days on average to sell a new car), but they’re also selling faster than the previous year by over 6%.
According to the study, this is a good time to dip in the used car pool as demand should remain strong for at least six to twelve months due to the fall in used car prices following the post-COVID influx of new cars in dealerships. Based on the iSeeCars survey, below are the top 10 fastest-selling 1–5-year-old used cars arranged from the slowest to the fastest-selling.
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The Toyota Sienna Hybrid minivan offers a blend of versatility and fuel efficiency. Using the 2021 model, for example, it features a hybrid powertrain as its sole option, combining a 2.5-liter four-cylinder engine with electric motors for improved fuel economy.
The Sienna boasts spacious seating for up to eight passengers, modern tech features, and a comfortable ride. Its hybrid system delivers impressive gas mileage, making it an eco-friendly choice in the minivan segment. Additionally, it comes standard with many safety and driver-assistance features.
The Toyota C-HR is a subcompact crossover SUV with a distinctive and bold styling. The 2019 model comes with a 2.0-liter four-cylinder engine paired with a continuously variable transmission (CVT), providing adequate power for urban and suburban driving.
Inside, the C-HR features a well-designed and modern cabin with comfortable front seats. However, rear-seat space and cargo capacity are somewhat limited compared to some rivals. It includes a user-friendly infotainment system with a touchscreen interface, but Apple CarPlay and Android Auto were notably absent in the 2019 model.
The Honda Civic is a popular compact car known for its reliability and practicality. It comes in various body styles, including sedan, coupe, and hatchback. Focusing on the 2021 model, the standard engine is a 2.0-liter four-cylinder with the option for a more potent 1.5-liter turbocharged four-cylinder engine in higher trim levels.
Overall, the 2021 Honda Civic is celebrated for its reliability, efficient performance, and practicality, making it a solid choice for a wide range of drivers. Notably, 2013–2021 are generally regarded as the best years for the Honda Civic. We picked the 2018–2021 because we're focusing on 1–5-year-old used or pre-owned vehicles.
The Honda CR-V is a popular compact SUV renowned for its comfort, practicality, and well-rounded features. It's available in both gas-powered and hybrid variants to cater to different preferences.
Focusing on the 2021 model, the standard CR-V typically comes with a 1.5-liter turbocharged four-cylinder engine paired with a continuously variable transmission (CVT). This powertrain delivers good fuel efficiency and sufficient power for daily driving needs. The hybrid version offers even better fuel economy. Inside, the CR-V offers a spacious and comfortable cabin with quality materials.
It features a user-friendly infotainment system with a touchscreen interface, Apple CarPlay, and Android Auto compatibility, making it easy to stay connected. The CR-V often includes Honda Sensing, a suite of advanced driver-assistance features such as adaptive cruise control, lane departure warning, and automatic emergency braking.
The Honda Insight is a compact hybrid sedan designed for fuel efficiency and eco-friendliness. The 2019 model uses a hybrid powertrain consisting of a 1.5-liter four-cylinder engine and an electric motor, which together deliver a balance of power and excellent fuel economy.
The Insight offers a comfortable and well-appointed cabin with modern features. It typically includes a touchscreen infotainment system with Apple CarPlay and Android Auto compatibility for seamless connectivity.
The Hyundai Venue is a subcompact SUV designed for city driving and practicality. It stands out for its affordable price and range of features despite its small size. Under the hood, the Venue typically cradles a 1.6-liter four-cylinder engine paired with a continuously variable transmission (CVT) or a six-speed manual transmission in some trim levels.
While not a powerhouse, it provides adequate power for urban commuting. Inside, the Venue offers a simple yet functional cabin with user-friendly technology. It typically includes an infotainment system with a touchscreen display, Apple CarPlay, and Android Auto compatibility.
Hyundai equipped the 2021 Venue with safety and driver-assistance features such as forward collision warning, automatic emergency braking, and lane-keeping assist, although more advanced features are available in higher trim levels.
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The Acura RDX is a compact luxury SUV that combines comfort, performance, and a well-appointed interior. Under the hood, the 2018 RDX typically features a 3.5-liter V6 engine paired with a six-speed automatic transmission.
This powertrain delivers strong acceleration and a smooth, refined ride. Inside, the RDX offers a spacious upscale cabin with high-quality materials and comfortable seats. It features a user-friendly infotainment system, including a touchscreen display and features like Bluetooth connectivity, navigation, and a premium audio system.
The Toyota Highlander Hybrid is a midsize SUV combining family-friendly features with hybrid efficiency. It offers a spacious interior and fuel-saving technology. For the 2021 model year, the Highlander Hybrid’s powertrain combined a 2.5-liter four-cylinder engine with electric motors for improved fuel economy.
It provides good acceleration and impressive gas mileage for a vehicle its size. Inside, the Highlander Hybrid offers seating for up to eight passengers, depending on the configuration. It includes a user-friendly infotainment system with a touchscreen display, Apple CarPlay, and Android Auto compatibility.
It also comes equipped with Toyota’s suite of advanced driver-assistance features known as Toyota Safety Sense, which includes adaptive cruise control, lane departure warning, and automatic emergency braking.
The 2018 Acura ILX was a compact luxury sedan known for its blend of style and affordability. It featured a 2.4-liter 4-cylinder engine producing 201 horsepower, paired with an 8-speed automatic transmission.
The ILX offered a comfortable interior with tech features like dual-zone climate control, touchscreen infotainment, and Apple CarPlay/Android Auto compatibility. While it provided a smooth ride and agile handling, some critics noted that its interior materials and rear-seat space were not on par with rivals in its class.
The 2020 Honda HR-V is a subcompact SUV known for its versatility and practicality. It's power comes from a 1.8-liter 4-cylinder engine with 141 horsepower, available with either front-wheel or all-wheel drive.
The HR-V stands out for its "Magic Seat" rear seats that can be configured in various ways to maximize cargo or passenger space. It offers a comfortable ride, decent fuel efficiency, and a user-friendly infotainment system.
However, some reviewers noted that its engine can feel underpowered during acceleration, and the cabin materials aren't as upscale as some competitors. Ultimately, the HR-V is leading the market for secondhand cars, making it one of the top resale value cars based on current used car market trends.
Sources: iSeeCars, FIXD, CoPilot, TrueCars