In an earlier post, we documented several reasons why it can be a smart move to buy a used electric car. Apparently, there’s one problem with that sage advice, namely they can be hard to find, especially since plug-in cars are now among the quickest-selling pre-owned models on a dealer’s lot.
According to an analysis of over 2.1 million sales of one-to-three-year old used cars conducted by the used-vehicle website iSeeCars.com, six of the 10 vehicles that spend the fewest days on the market all connect to the grid, being either full-electric or plug-in hybrid models. The remaining four are split evenly between sports cars and luxury models.
The quickest-selling used car these days is the battery-powered Fiat 500e. Sold only through Fiat dealers in California and Oregon when new, and remaining in limited availability in the used-car market, it takes an average of just 22.2 days to sell a pre-owned 500e. That’s a third quicker than the 33.4 days it takes the average late-model used car to change hands. It sells for an average of $9,055, according to iSeeCars.com, which makes it ideal as a cheap-to-run second or third car in a family’s fleet. According to the website’s CEO Phong Ly, “Prices for hybrids, plug-ins, and electric vehicles are more affordable than ever, so shoppers who are ready to buy one should act fast because these cars are in great demand now.”
We’re featuring the top 10 list of America’s quickest-selling used cars in the accompanying gallery.