Used Vehicles in Dealertrack Network See Price Rises

Autosphere » Dealerships » Used Vehicles in Dealertrack Network See Price Rises

The top funded used vehicles sold through the Dealertrack Canada network resulted in an annual price increase of 4.84 percent last month, with 9 out of the top 10 vehicles seeing gains.

With an Average Cash Price of $22,071, the 9th-place Nissan Rogue CUV realized the largest annual gain, up 12.1 percent. The 5th-place Ford Escape CUV experienced the largest year-to-year drop, down 5.5 percent to $17,736.

Deep data from the Dealertrack network showed that among the Top Funded Used Vehicles in November, the Ford F-150 had the highest percentage of male buyers, followed closely by the Ram 1500.

Conversely, the Nissan Rogue saw the highest percentage of female buyers, followed by the Ford Escape and Hyundai Elantra. And finally, amongst married people, the 2016 Dodge Grand Caravan minivan scored the highest percentage, followed by the Dodge Journey and Nissan Rogue.

From an overall volume standpoint, the Ram 1500 continued as the Dealertrack Canada network’s Top Funded Used Vehicle in Canada. Compared to November 2016, the ever-popular used full-sized truck’s volume jumped significantly by 36.9 percent. The Ram’s November 2017 Average Cash Price of $32,831 remained flat.

Categories : Dealerships
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