AutoTrader has published its 2020 Car Industry Report which outlines the trends in South Africa’s used car market.
The report is based on AutoTrader’s online search and sales data with over 401 million online searches considered.
The data shows that the average selling price of a used car in the last year was R289,312, an increase of R9,003 over the previous year.
The top-selling used car was the Ford Ranger, contributing 4.7% of all cars sold, at an average selling price of R305,944, average mileage of 85,948km, and an average year model of 2016.
The Volkswagen Polo was second, contributing 4.7% of all cars sold, at an average price of R205,238, average mileage of 58,652km, and an average year model of 2016.
The Polo narrowly missed out on taking the top spot, selling just 82 fewer units than the Ford Ranger.
The Toyota Hilux was third, contributing 3.4% of all units sold, at an average price R327,807, an average mileage of 102,129km and an average year model of 2013.
Toyota Hilux tops the new car sales list.
The report shows that the most sold body-type was the hatchback, accounting for 31% of the total units.
The second and third most sold body-types were SUVs and sedans, which contributed 27% and 17% of the total cars sold, respectively.
Globally and in South Africa, SUVs is the fastest-growing body-type segment, however, hatchbacks are still the most searched for and sold body-type, AutoTrader said.
The group noted that hatchbacks are also the body-type with the lowest selling price and mileage combination.
By comparison, coupe’s have lower mileage’s compared to most other body-types (besides hatchbacks) while being the highest priced on average.
The most searched for model was the Toyota Hilux, claiming 2.8% of all searches (11.3 million).
The Volkswagen Golf was second with 2.67% of all model searches (10.7 million), while the Mercedes-Benz was, accounting for 2.65% of total model searches (10.65 million).