eBay Motors Group reveals September’s fastest-selling used cars as Tesla Model 3 tops list

  • Tesla Model 3 named as September’s fastest selling used car
  • EV beat off stiff competition from Audi E-Tron and Ford Mustang
  • eBay Motors Group data show that SUVs and high-end EVs are proving easiest for dealers to shift

Time 8:35 am, October 3, 2023

The Tesla Model 3 was September’s fastest selling used car, according to fresh data from eBay Motors Group.

Analysis of sales information from the firm’s platform showed that the EV flew off the forecourts in an average of 16.9 days last month.

That placed it just ahead of the Audi E-Tron (19.7 days) and the Ford Mustang (20.7 days) in second and third place respectively.

Experts say that the Model 3 was boosted significantly by year-on-year price drops of around 37 per cent, which have seen values plummet from £46,811 to £29,554 in just 12 months.

Elsewhere on the list the was also space for the Jaguar I-Pace (22.9 days) as up market EVs continued to sell quickly.

Buyers also continued to be keen on used SUVs, with the likes of the MG HS (21.7 days), Seat Tarraco (21.8 days) and Jeep Renegade (23 days), all proving easy for dealers to shift.

Top 10 fastest selling used cars in September

Tesla Model 3 2024

  1. Tesla Model 3 – 16.9 days
  2. Audi E-Tron – 19.7 days
  3. Ford Mustang – 20.7 days
  4. MG HS – 21.7 days
  5. Seat Tarraco – 21.8 days
  6. Jaguar I-Pace – 22.9 days
  7. Jeep Renegade – 23 days
  8. Toyota C-HR – 23.2 days
  9. Cupra Formentor – 24 days
  10. Mercedes-Benz GLA – 24.4 days

Reacting to the findings, Lucy Tugby, marketing director at eBay Motors Group, said: ‘A combination of price realignments, scarcity and desirability saw premium electric vehicles (EVs) among the fastest selling used cars on in September.

‘For the second month in a row our Top 10 was led by the Tesla Model 3, spending just 17 days on dealer forecourts, as buyers took advantage of average year-on-year price drops of 37 per cent from £46,811 to £29,554, the result of the carmaker slashing new list prices and an increase in the availability of older models.

‘Other up-market EVs selling quickly included the Audi E-Tron and Jaguar I-PACE, with SUVs from a wide choice of brands selling quickly to buyers looking for versatile family size cars across different price points.

‘All top 10 models sold in under four weeks, outperforming the wider market where days in stock averaged 35 days.’

Jack Williams's avatar

Jack joined the Car Dealer team in 2021 as a staff writer. He previously worked as a national newspaper journalist for BNPS Press Agency. He has provided news and motoring stories for a number of national publications including The Sun, The Times and The Daily Mirror.

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