Automotive data expert, cap hpi, has revealed the most in demand used car brands for buyers looking to finance their next purchase.
The analysis shows that German premium car brands are proving to be a real hit with consumers with four of the top five manufacturers searched (and five of the top 10).
The analysis, based on consumer habits from the website, shows the top of the used car brands for July are BMW with 13.64% of searches, followed by Audi with 10.34%. Third on the highest number of searches is Mercedes-Benz with 10.03% followed by the only non-German manufacturer in the top five, Ford, with 8.46% just ahead of Volkswagen in fifth with 8.15%.
German-owned Porsche is number 10 on the list with a recorded 2.82% of searches.
The top 10 list based on recorded searches on the cap hpi valuation website is as follows:
| MANUFACTURER |
% OF RECORDED SEARCHES |
| BMW |
13.64% |
| AUDI |
10.34% |
| MERCEDES-BENZ |
10.03% |
| FORD |
8.46% |
| VOLKSWAGEN |
8.15% |
| VAUXHALL |
5.49% |
| TOYOTA |
3.61% |
| LAND ROVER |
3.45% |
| MINI |
3.13% |
| PORSCHE |
2.82% |
Philip Nothard, consumer and retail specialist at cap hpi, said: “Looking at the data from the number of used cars consumers are searching online, there’s no arguing with the German dominance of the used market.
“German manufactured cars are book ending the top 10 with BMW out in front and Porsche in tenth spot. The Germans give consumers the cars they want – engineering, a long history of car manufacturing, quality and brand recognition are just some of the factors that help them remain popular and appealing.”
