ACV online auctions have a selection of quality used sedan vehicles for you to choose from.
As a car dealer deciding what sedan vehicles to buy, you’ll need to stay on top of a few key trends and demographics. These will empower you to source quality used sedan cars that you can sell to your customer base.
Trends in Used Sedan Cars
Practical Commuting:
Consumers are looking for practical, fuel-efficient, high-performance four-door vehicles, particularly those who commute. And the price is always a key consideration. In the past five years, millennials have been making practical choices when they buy cars, often sticking to popular and reliable sedans. For personal transportation, sedans offer the advantages of being dynamically nimble, inherently more efficient, less expensive, and less resource-intensive
Variety and EV Options
Sedans come in a vast array of sizes and specifications. They offer something for everyone. People with more wealth but who still want to make the most of their money might be interested in a different type of sedan: luxury ones. For people who want a nice car at a more reasonable price point, luxury sedans offer a lot of value. And with innovation and the increasing popularity of EVs, hybrid sedans are an increasingly accessible option. All these factors have resulted in intense competition to make increasingly high-quality sedans— so there are tons of quality options.
Value
Your customers who are looking for affordable four-door cars may have better luck with used sedan vehicles than new cars.
If you have a selection of high-quality used sedans that are likely to be in your customers’ price ranges, meet their needs, and hold a nice resale value, they can be lucrative.
Demographic and Regional Popularity
So who’s buying used sedans?
Sedans cater to a wide range of needs and customer expectations, so perhaps unsurprisingly, they appeal to a wide variety of demographics. Statistics show that 51% of sedan owners range from 24-54 years old.12
While there’s been chatter about sedans decreasing in popularity, there are models that round out the top ten best-selling vehicles in the United States.
The Honda Civic and Honda Accord models are just a couple of the most popular. While these models enjoy popularity in a variety of regions, some of the highest sales rates are reported in the following states:
California / Connecticut / New Jersey / New York / California / Ohio
Florida / Pennsylvania / Wisconsin
California
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Connecticut
New Jersey
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New York
California
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Ohio
Pennsylvania
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Wisconsin
Best Selling Sedan Car Models
With inventory low and prices on the rise, dealers should make cautious choices based on what resonates with consumers. ACV auto auctions offer low-mileage, quality, and high-performance used sedans. With ACV, you can buy auction cars online.