Most Researched Used Cars in June
As gas prices continue to drop, or at least not rise dramatically, interest is increasing in bigger used cars and trucks. Case in point would be the AutoTrader.com list of the most researched used cars at its website. Ask yourself, have you driven a Ford lately? Maybe not, but you sure as heck have probably researched one.
According to AutoTrader, on the used car list, the Ford F-150 came in at No. 1 in June, up from No. 2 in May of this year and up from No. 5 in June of last year. Views of the Ford F-150 were up almost 45% compared to June of last year and the average price has increased 9% compared to last year.
Other large used vehicles saw similar increases in views and prices, including the Chevy Silverado, which saw a 43% increase in views and a 5% increase in price compared to June of last year, and the Dodge Ram 1500, which saw a 36% increase in views and a 7% increase in price compared to June of last year. Similar to the experience in new cars, interest in and prices of larger vehicles like these plunged last year when gas prices spiked but continue to rebound this year.
"With interest in these larger used vehicles growing, I think you'll continue to see these price increases as these vehicles get more scarce," said AutoTrader.com President and CEO Chip Perry. "If you're considering purchasing a used truck or SUV, you may want to jump on the deals while there are still well-priced models on the lots."
Top 10 Most Researched Used Cars:
- Ford F-150
- BMW 3-Series
- Ford Mustang
- Chevy Silverado 1500
- Honda Accord
- Honda Civic
- Ford F-250
- Jeep Wrangler
- Dodge Ram 1500
- Infiniti G35/G37
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