The Mercedes-Benz GLC topped the listing of used autos with the best revenue potential pbought by way of Carwow each day on-line auctions within the ultimate quarter of 2023, with a mean resale margin of £4,331.
Carwow’s ‘Revenue Potential’ report in contrast the costs of autos offered by way of all of its auctions between October and December final 12 months with cap retail values.
Second within the rankings was the Audi Q5, with a mean revenue potential of £3,691, adopted by the Vary Rover Evoque (£3,400), the BMW 3-Sequence (£3,065) and the Skoda Kodiaq (£2,923).
The Ford Puma got here in sixth with a mean potential revenue margin of £2,812, adopted by the Volkswagen Polo and Mercedes-Benz A-Class, with £2,156 and £2,104 respectively. The Volkswagen T-Roc (£2,072) and Audi A1 Sportback (2,071) full the highest 10.
Mercedes-Benz GLC: £4,331
Audi Q5: £3,691
Vary Rover Evoque: £3,400
BMW 3-Sequence: £3,065
Skoda Kodiaq: £2,923
Ford Puma: £2,812
Volkswagen Polo: £2,156
Mercedes-Benz A-Class: £2,104
Volkswagen T-Roc: £2,072
Audi A1 Sportback: £2,071
Sally Foote, Carwow’s chief industrial officer – Promote My Automobile, stated: “Our precedence is to assist sellers maximise revenue by offering entry to massive volumes of high-quality inventory, preserving patrons’ charges decrease than the competitors, and by not requiring a subscription. As we famous within the ultimate quarter of 2023, the rise in premium-brand inventory being listed is making a optimistic distinction to our supplier companions’ backside line. Equally, by shifting to a round the clock bidding public sale mannequin, we proceed to offer our supplier companions with higher comfort and suppleness.
“This February we’re working a brand new shopper marketing campaign to get the general public to ‘break up’ with their vehicles. We all know there are many good causes for drivers to half methods with high quality vehicles – over a 3rd (38%) of motorists promote to improve to an even bigger or higher automobile that fits altering wants and life-style necessities, whereas 1 / 4 (25%) promote as a result of they now not want it. Meaning extra contemporary high quality inventory, and revenue potential, for sellers in our each day on-line auctions.”
The Carwow ‘Revenue Potential’ is a quarterly report sharing particulars of the fashions that had the best predicted revenue margin for sellers over the previous quarter.
