Top Picks: Best-Selling Used Vehicles in the Last Five Years

Guess what? The cars that fly off the new car lots also dominate the used car scene. Dive into the latest analysis from the car gurus at iSeeCars, where they sifted through a whopping 9.2 million used car sales spanning the past five years. The verdict? The trusty Ford F-Series and the reliable Chevrolet Silverado clinched the top spots for best-selling used vehicles, proving their mettle in both new and used markets.

Fueling Change: Gas Prices Shake Up Truck and SUV Sales

Hold on to your steering wheels – the dynamics of used truck and large SUV sales saw a shakeup thanks to those unpredictable gas prices. In a twist of fate, the Ram 1500 lost its third-place charm to the Chevy Equinox. Karl Brauer, the executive analyst at iSeeCars, spilled the gas (pun intended) on this change, pointing fingers at the 2023 spike in gas prices. Apparently, the surge nudged consumers away from gas-guzzling giants and toward nifty, fuel-efficient models.

The Toyota Corolla played its cards right, making the most significant leap by jumping five spots in the rankings. Others, like the Honda Civic, also inched up a spot or two. Surprisingly, the Nissan Rogue, Jeep Grand Cherokee, and Ford Escape found themselves slipping down by two or more places, with the Jeep and Ford taking a tumble out of the top 10.

Here’s a quick look at the champions of the used gas guzzlers in the past half-decade:

  1. Ford F-150
  2. Chevrolet Silverado 1500
  3. Chevrolet Equinox
  4. Ram 1500
  5. Toyota Camry
  6. Honda Civic
  7. Toyota RAV4
  8. Toyota Corolla
  9. Ford Explorer
  10. Nissan Rogue

Shock and Charge: Electric Vehicles Join the Used Car Race

Switching gears to the electric side, things seem familiar, but the game is more about the price tag than fuel efficiency. The Tesla Model 3, Model Y, and Chevrolet Bolt EV proudly claim the top three spots, leaving the pricier Tesla Model S and Model X a bit winded as they slide down a couple of ranks. Blame it on the price tag, says Brauer, but he also adds that the lack of recent updates makes them less appealing compared to newer models.

Behold the electrifying champions of the used EV arena:

  1. Tesla Model 3
  2. Tesla Model Y
  3. Chevrolet Bolt EV
  4. Nissan Leaf
  5. Tesla Model S
  6. Tesla Model X
  7. Ford Mustang Mach-E
  8. Audi E-Tron
  9. Porsche Taycan
  10. Volkswagen ID.4

iSeeCars predicts that these trends will keep grooving in 2024 as more savvy buyers eye ways to trim their purchase and ownership costs. Brace yourselves for the electric truck invasion, but hold your horsepower – General Motors is just unleashing its models, and Ram won’t join the party until later this year, making a swift climb up the rankings unlikely anytime soon.

For a deeper dive into the world of used cars, check out the complete iSeeCars report.