By Michael Elkins
The latest iSeeCars.com analysis found, after analyzing the top 20 fastest-selling used cars, Tesla’s Model Y topped the list in June taking an average of 24.9 days to sell. Less than half the average 52.9 days. The analysis also found that the list of 20 was evenly split between alternative-fueled and gasoline vehicles.
The Model Y is joined on the list by two additional Tesla (NASDAQ:TSLA) Models, the Model 3 and the Model X. Taking 27.7 and 28 average days to sell respectively.
An additional electric vehicle, the Ford Mustang Mach-E, also makes the list. “The Ford Mustang Mach-E has been in high demand since it debuted in 2021, and Ford recently stopped taking orders for new versions of the Mach-E after wait times exceeded 32 weeks,” said an iSeeCars analyst.
iSeeCars.com analyzed over 224,000 new and used car sales from June 2022. The number of days that each car was listed for sale on iSeeCars.com was aggregated at the model level, and the average days on market for each was mathematically modeled.