Sports Car Auctions Online at ACV Auctions

Sports cars are powerful vehicles. Generally, a sports car has excellent handling, quick acceleration, a high horsepower engine, and two seats. Ultimately, what truly defines a sports car is high performance.

Used Sports Cars for Sale for Your Dealership

As a car dealer deciding what sports cars to buy, you’ll need to stay on top of a few key trends and demographics. These will empower you to source quality used sports cars that you can sell to your customer base.

Trends in Used Sports Cars

The sports car industry rises and falls depending on the success of millionaires and billionaires worldwide. However, it’s also dependent on more accessible factors that affect everyone.

Electric Vehicles

Sports car manufacturers are beginning to prioritize fuel efficiency. There are now many electric sports cars on the market, such as the Tesla Roadster and Porsche Taycan. 2023 promises even more reputable models going electric.

Market Shortages

Q1 of 2022 had sports car sales down 13% from Q1 of 2021.² That’s not surprising considering the supply chain problems that were exacerbated by the war in Ukraine. The semiconductor chip shortage will continue to impact not only new vehicle inventory but also the used vehicle market into 2023. However, the international sports car market is projected to grow 1% annually until 2028 once the shortages settle.

Demographics & Regional Popularity of Sports Cars

So who's buying sports cars?

While the midlife sports car stereotype holds, young people also buy a high volume of sports cars. 20-30-year-olds make up 43% of Carmax’s sports car buyers. While 40-50-year-olds make up 31% of their buyers.⁴

Generally, sports cars are more popular in states with more moderate climates. While the states with harsh winters have low sports car ownership. Check out the top five states with the highest percentage of sports cars on the road.⁵

Florida / California / Texas / Arizona / Georgia

Florida

California

Texas

Arizona

Georgia

Best Selling Sports 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 sports cars for bidders. With ACV, you can buy auction cars online.

So what are the top five selling sports cars in 2022? Check out our list below.

Ford Mustang

Ford’s Mustang has been the best-selling sports car in America since 2016.² It briefly got bumped in 2021, but quickly reclaimed its spot at the top this year. Ford sold 13,986 units in a strong Q1 of 2022.² The Mustang stepped into the future this past spring, with its new Mach-E: a fully electric model. This sets the Mustang up for a strong rest of 2022 and
beyond.

Dodge Challenger

Dodge’s Challenger was the best-selling sports car in 2021.² However, the Ford Mustang passed it again in 2022. With its supercharged HEMI engine and high performance, the Dodge Challenger is a powerful contender. Dodge sold 11,124 units in Q1 of 2022 and is neck in neck with the Mustang for Q2.²

Chevrolet Corvette

Coming in third place is a fan favorite, the Chevrolet Corvette.² The ‘Vette had a strong start in 2022, selling 8.811 units in Q1.² Corvettes have a rich history, having been around since the 1950s. They’re continually expanding their style, performance, and value to stay competitive. Their efforts continually pay off, as the Corvette was the fastest-selling car in February 2022.⁶

Chevrolet Camaro

Fourth is the Chevrolet Camaro.² The Camaro is the more accessible Chevrolet sports car, with four seats and a significantly lower MSRP than the Corvette. Chevrolet sold 6,710 units of this powerhouse in Q1 of 2022.² The Camaro is a larger muscle car with two high-performance engines. It appeals to people looking for a powerful yet affordable sports car.

Toyota 86

The Toyota 86 is a nimble coupe coming in fifth.² Car buyers have a choice of the six-speed manual transmission with 205 horsepower or the six-speed automatic transmission with 200 horsepower. Either way, it’s a small powerhouse that competes on par with the more well-known sports cars. Toyota sold 3,257 units in Q1 of 2022.²

Find Great Deals at ACV’s Online Sports Car Auctions Today

While sports cars are notorious for their high prices, buying used sports cars at auctions can be an affordable option for your dealership. So, how do online car auctions work? At ACV auctions, our market report uses real-time data to provide a price range for a vehicle based on VIN or Year/Make/Model/Trim, so you never overpay. Our powerful search filters allow you to easily zero in on the sports cars you're looking for or get alerts the moment they hit the auction block. For even more convenience, simply select ACV Transportation after you win the auction and we’ll handle the rest with our seamlessly integrated service.

Ready to source great sports car inventory today? Start by simply registering today. We look forward to working with you at ACV Auctions!

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Sources

CARSALESBASE. “US CAR SALES ANALYSIS 2019 – SPORTS CARS” Retrieved July 2022
from https://carsalesbase.com/us-car-sales-analysis-2019-sports-cars/
CARSALESBASE. “US CAR SALES ANALYSIS 2022-Q1 – SPORTS CARS” Retrieved July
2022 from https://carsalesbase.com/us-car-sales-analysis-2022-q1-sports-cars/
Million Insights. “Global Sports Car Market Share & Trends Report, 2021-2028” Retrieved
July 2022 from https://www.millioninsights.com/snapshots/sports-car-market-report
Carmax. “Which Car Brands Have the Oldest (and Youngest) Buyers?” Retrieved July
2022 from https://www.carmax.com/articles/which-car-brands-have-oldest-youngest-
buyers
iseecars. “Which States Have the Greatest Need for Speed?” Retrieved July 2022 from
https://www.iseecars.com/states-most-sports-cars-study
CNET. “Chevy Corvette was the fastest-selling car in America last month” Retrieved July
2022 from https://www.cnet.com/roadshow/news/chevy-corvette-fastest-selling-car/