The used car market is booming, with sales hitting record highs in 2023. With rising new car prices and improved reliability of modern vehicles, buying a used car is an attractive option for many consumers. But with so many brands and models to choose from, which are the most popular buys in the used car market? Here, we reveal the top brands shoppers are going for and provide tips for finding your perfect second-hand motor.
Toyota Leads the Way
According to market research, Toyota sold over 2 million used vehicles in 2022, making it the most popular used car brand by a wide margin. Models like the Corolla, Camry and RAV4 are sought after for their proven reliability, strong resale value and wide availability. Toyota’s reputation for building cars that last means buyers can shop with confidence across their range.
Full-Size Pickups in Demand
The Ford F-150 has been America’s best-selling vehicle for decades, so it’s no surprise shoppers flock to used models as well. It’s joined in the top used brands by the Chevrolet Silverado, which battles the F-150 each year for new truck sales leadership. With workhorse capabilities and ample comfort, full-size pickups like these make practical used buys.
Hondas Hold Value
Known for their quality and durability, Honda cars and SUVs are snapped up quickly in the used marketplace. Civic and Accord sedans and CR-V crossovers sell fastest, appealing to shoppers seeking reliability on a budget. Their strong resale value does mean you may pay more upfront for a Honda, but the lower depreciation makes them a smart long-term value.
Nissan Offers Variety
From affordable sedans like the Sentra and Altima to versatile crossovers like the Murano and Pathfinder, Nissan’s diverse lineup attracts used buyers wanting choice. Sportier models like the 370Z coupe and GT-R are popular pre-owned performance buys as well. Nissan’s ubiquity and reputation for value put it among the top used car brands.
The Power of German Engineering
German luxury makes like Mercedes-Benz, BMW and Audi are prized in the used market for their excellent build quality, powerful engines and plush interiors. While more expensive than mainstream brands, a pre-owned German luxury car offers buyers a taste of prestige motoring at a reduced cost. Their legendary engineering and craftsmanship retain fans even after initial ownership.
Tips for Buying a Used Car
Once you’ve settled on a brand, here are some tips for buying a used car:
- Inspect service and ownership records to ensure no issues have been overlooked
- Take it for a lengthy test drive to check performance and identify problems
- Have it independently inspected by a mechanic before purchase
- Research common issues for that model online to know what to look out for
- Compare prices across local listings to gauge the market value
- Consider certified pre-owned for extended warranty coverage
- Check safety ratings to ensure good crash protection
- Verify mileage to avoid odometer fraud
With the right research and inspections, you can find a quality used car that fits your needs and budget. Considering a top-selling brand improves the chances of buying a reliable pre-owned vehicle.
