CNW Research is out with its list of the Top Selling Used Cars for 2012 and it's going to surprise nobody that the Ford F Series pickup was once again at the top of the heap. After all, it has resided there for 13 years in a row.
That's not all that surprising because the F Series pickup is also one of the best selling new vehicles in the United States year after year. It only makes sense that it would then become the top selling used car.
As CNW reports in its monthly market wrap up, "The Ford F-Series pickup has been the number one selling used vehicle for at least 13 years in a row with 1.166 million sales in 2012 compared to 1.124 million in 2011. Camry replaced the Silverado in the number two spot while the Chevy pickup fell to ninth. Explorer made the Top 10 for the first time since 2005 when it was third."
Here is the list as complied by CNW Research: 2012 Top Selling Used Cars
- Ford F Series 1,168,227
- Toyota Camry 1,042,392
- Honda Accord 992,234
- Honda Civic 809,338
- Toyota Corolla/Matrix 807,552
- Ford Focus 772,692
- Ram Pickup 726,377
- Nissan Altima 658,629
- Chevy Silverado 655,234
- Ford Explorer 619,275
- Ford F Series 1,124,262
- Chevy Silverado 1,030,356
- Toyota Camry 984,638
- Toyota Corolla/Matrix 916,622
- Honda Accord 883,784
- Ford Focus 758,643
- Nissan Altima 717,365
- Ram Pickup 684,471
- Nissan Sentra 628,820
- Honda Civic 611,378
Why are Top 10 lists like this important? Some would claim for SEO reasons but that's not the only reason. (If it was, this whole article would be about what time the superbowl starts.)
From a sociological viewpoint these lists show that consumers still are not that concerned about fuel economy as one would think. They are buying pickup trucks either because they need them or prices at the pumps just aren't that big a factor. And you will notice that the Big 3 domestic automakers all have their pickups on the Top 10 List of Used Cars. That shows the Asian automakers still aren't cracking that valuable market segment yet.
Lists like these are also important because they demonstrate where used car deals can be had. Let's look at the Ford F Series pickup for example. (Dale Wickell, the guide to trucks, has a great F Series history article.) As one can see by the numbers, a ton of them are sold annually. Some could perceive that as meaning their supply is limited but the opposite is true. There are so many on the road that no used car salesman can say with a straight face that "You better decide today!" Don't worry. There's going to be another one coming along.
The only SUV to make to the list of Top Used Cars for 2012 is the Ford Explorer. It used to be an insanely popular vehicle and now it's making a comeback of sorts. I think its resurgence is a byproduct of a sense that one needs an SUV to get through life - and there are no good stations wagons on the used car market. And, who's going to be caught dead driving a minivan?
As mentioned, history smiled favorably on the Ford Explorer. It's a vehicle that most people grew up with who are entering the used car marketplace for the first time. They're drawn to vehicles they know - and what better way to start off than with a classic like the Ford Explorer? Plus, it's an uneducated guess, but more and more police departments are turning to Ford Explorers for command vehicles. That has to make them appealing, too.
The used sedans are not that surprising. All of these, like the Ford F series and the pickups, are top sellers. Plus, midsize sedans like these deliver decent fuel economy. That means buyers target them without concerns about prices at the gas pumps.
One thing to note is the Corolla/Corolla Matrix is on the list. They were subject to an airbag recall for the 2003 and 2004 model years at the end of January 2013. Time will tell if they make the list for 2013. My money, if I could find a bookie to take this bet, would be they maintain their Top 10 Used Car positions for 2013.