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The latest Dealer Auction ranks the fastest selling and most profitable used cars in the UK.
Its Retail Margin Monitor has revealed that the Mercedes-Benz A-Class hatchback was a top performer in September 2023.
The model ranked in second place with an average retail margin of £3,200 – which is also the second highest margin achieved by a hatchback since the launch of the Retail Margin Monitor in January 2022.
Dealer Auction Marketplace Director, Kieran TeeBoon, said: “Historically, the Retail Margin Monitor has been dominated by SUVs, so it’s interesting to see the performance of the A-Class in September.
While this model has appeared in the Top 10 model table before, it hasn’t ranked higher than sixth place, which could indicate new profit opportunities.”
The Mitsubishi Outlander also performed well in third place. It registered an average retail margin of £3,125 and was also the second-quickest seller – selling in 34 days on average. The Mazda CX-5 proved the fastest-selling profit-turner for the fourth month in a row, selling in just 25 days on average.
Elsewhere in the table, trends continued from previous months – including the Range Rover Evoque remaining in the top spot, with an average retail margin of £3,850.
At brand level, Land Rover once again topped the table with an average retail margin of £3,875, followed by BMW (£3,125) and Jaguar (£3,075).
The brand table was dominated by premium marques, but interestingly, mainstream brand Škoda entered the table for the first time ever, clocking an average retail margin of £2,225 to secure the 10th spot.
“It’s clear that mainstream brands shouldn’t be underestimated for their profit potential.
“Recent months have seen good representation from Volkswagen, Nissan and Kia in the Retail Margin Monitor – and now Škoda is entering the fray. It’s also worth noting that three mainstream products are sitting just outside the top 10 model table: the Peugeot 2008, the Ford EcoSport and the Ford Kuga.”