For many, buying a brand-new vehicle is a dream, Cars in 2023 making the thriving used car market crucial. Offering quality at more affordable prices, secondhand cars, trucks, and SUVs are sought after. Using data from ISeeCars, the top-selling used vehicles in 2023 were analyzed, shedding light on Americans’ preferences.
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Top Five Selling Vehicles of Cars in 2023:
Ford F-150: Unsurprisingly, the best-selling new vehicle retains its crown in the used market, constituting 3.3% of sales.
Chevrolet Silverado 1500: Holding the second spot with 2.6% of used vehicle sales, it experienced a slight dip from the previous year.
Chevrolet Equinox: Climbing to the third position with 2.1%, it exhibited a marginal gain, reflecting its popularity.
Ram 1500: Sharing the same percentage as the Equinox, it slid from the third to the fourth spot.
Toyota Camry: Though a staple in new car sales, it secured only 1.8% of used car sales.
Other Notable Insights:
The Toyota Corolla and Ford Explorer saw significant jumps in rankings, proving their sustained appeal in the used market.
In the realm of used electric vehicles, Tesla’s Model 3 remained dominant with 34.9%, followed by the Model Y at 11.9%.
Top Selling Used Trucks of 2023:
Ford F-150: Leading the truck segment, it commands a substantial 21.9% of the used truck market.
Chevrolet Silverado 1500: Following closely behind, it captures 17.7% of used truck sales.
Ram 1500: Securing 14%, it maintains a strong presence as a popular used truck choice.
Toyota Tacoma: With 9.1%, it retains appeal despite a slight drop in market share.
GMC Sierra 1500: Holding the fifth spot with 8.1%, it remains a preferred option.
Top Selling Used SUVs of 2023:
Chevrolet Equinox: Despite a slight decrease to 4.8%, it remains the top choice in the used SUV market.
Toyota RAV4: Holding steady at 3.8%, it retains the second spot.
Ford Explorer: Notable for its substantial leap, it claims 3.4% of used SUV sales.
Honda CR-V: Consistency in market share boosts it to the fourth position.
Jeep Grand Cherokee: Experiencing a 0.5% drop, it slips from fourth to fifth place.
Top Selling Used Cars of 2023:
Toyota Camry: Emerging as the most-sold used car with 4.7%, it edges past competitors.
Honda Civic: Securing the second position with 4.5%, it exhibits steady popularity.
Toyota Corolla: Claiming the third spot with 4.1%, it maintains a strong presence.
Nissan Rogue: Despites a 0.3% decrease, it ranks fourth with 3.9%.
Nissan Altima: Experiencing a 0.2% dip, it finishes fifth with 3.6%.
As Americans continue to navigate the used car landscape, these insights provide a glimpse into the vehicles that dominate the market, reflecting consumer preferences and trends.