SUVs Are the Most Popular Used Vehicle Segment Right Now by Far
SUVs continue to dominate the used car market in terms of popularity. What makes SUVs such a good choice for most drivers?
Written by Bellina Gaskey
Reviewed by Kathleen Flear
The demand for used cars continues to climb, and right at the centre of the trend is a penchant for one type of vehicle. SUVs continue to be in demand, as
used car
buyers look for that perfect vehicle to fit their needs.Used SUV craze
A recent study by
iSeeCars
reports that used SUV sales account for 43% of used vehicle sales right now. In 42 out of 50 states surveyed, SUVs are the most popular choice for a used car.As the demand for a reliable, used SUV rises, so do the prices. While SUVs aren’t the most expensive choice for a used car buyer out there, they do rank near the top.
Despite the higher price tag, why do car buyers continue to flock to the steadily popular SUV?
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Space and style
Data suggests that car buyers are looking for an SUV for a variety of reasons. One of those being that SUVs offer space and comfort.
Not only do they boast 7 or even 8-passenger capability, but they have plenty of cargo room for any kind of outing or road trip. They’re also an ideal fit for families, since everyone can travel comfortably in one car without feeling crammed into a regular sedan.
Another big plus for the SUV is that they’re more stylish and boast better features than your typical minivan. Nowadays, consumers want to travel in style, and minivans just don’t look as good hauling the entire family on the road.
Used SUVs come with a slightly less expensive price tag to obtain all this space and style, but buyers are still paying around $25,000 according to iSeeCars.
MORE: Used Car Shoppers Could Finally Be in for Some Relief
Jump on the hatchback bandwagon to save some money over an SUV
Buyers can expect to pay around $15,000 for a used hatchback or wagon style car, but these vehicles only make up 4.8% of all used car sales.
Sure, some models may be a little smaller than what consumers need or less flashy than an SUV. But they’re a smart alternative, balancing more affordable prices with the benefits of the SUV body and style.
If you’re in the market for a used car and prefer SUVs, it might be a smart alternative to explore.
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