The Tesla Model 3 continues to be one of the country’s most popular EV car brands according to Aston Barclay’s December used car desirability index.
It topped the Aston Barclay index as its most in-demand used car by some margin and was November’s third best-selling new car according to recent SMMT data.
“The Tesla 3 has featured in our monthly index throughout 2021 as many drivers aspire to the brand once they’ve decided to move from an ICE to an EV. We witness strong bidding every time a used Tesla 3 arrives at auction which keeps prices very high,” explained Martin Potter, Aston Barclay’s MD – Customer.
“One of the key gauges of a new car brand’s market acceptance is how well it performs in the used market and Tesla prices have been very consistent over the past 2-3 years,” he added.
The Tesla 3 is just one of two EVs on the December list – the other is the Nissan Leaf alongside two hybrids, the Toyota Prius and the Lexus CT, which reflects the growing interest in low, or zero-emission used cars.
However, it’s the seven premium SUVs on the list led by the Mercedes-Benz GLE in second place which reinforces where the biggest demand still lies as new car supplies remain compromised by the global semi-conductor supply challenge. Consumers willing to invest between £30,000 and £100,000 in a new SUV are being forced into the used market with wholesale buyers paying close to or higher than retail prices to locate cars for customers.
At the value end of the market the Ford Puma, Dacia Duster, and MINI Clubman were placed in fourth, 18th and 19th in the December index exposing shortages of stock at both ends of the used market.
Aston Barclay’s monthly index takes into consideration three key metrics: web views prior to sale, number of physical and online bids per sale, and the sale price achieved as a percentage of CAP average.