{"id":108100,"date":"2016-07-22T14:24:55","date_gmt":"2016-07-22T18:24:55","guid":{"rendered":"http:\/\/www.thedetroitbureau.com\/?p=108100"},"modified":"2016-07-22T14:24:55","modified_gmt":"2016-07-22T18:24:55","slug":"used-car-buyers-charged-up-about-evs-and-hybrids","status":"publish","type":"post","link":"https:\/\/thedetroitbureau.com\/2016\/07\/used-car-buyers-charged-up-about-evs-and-hybrids\/","title":{"rendered":"Used Car Buyers Charged Up about EVs and Hybrids"},"content":{"rendered":"
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The Toyota Prius plug-in hybrid is the fastest-selling used car in America through May.<\/figcaption><\/figure>\n

Looking for a good used car? Well, if you find a hybrid or an EV you like, don\u2019t dawdle on buying it because it\u2019ll be off the lot before you know it.<\/p>\n

According to iSeeCars.com, five of the top 10 fastest selling used cars in the U.S. in the first half of this year were hybrids or full electrics, including the top three movers. Perhaps even more astonishing, only one of the top 10 is an American car.<\/p>\n

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The Last Word!<\/figcaption><\/figure>\n

Overall, iSeeCars.com found that one- to three-year-old used cars took an average of 42.4 days to sell. The top 10 fastest selling cars, however, were much faster\u2014ranging from just 19.7 days on the market to 29.4 days.<\/p>\n

\u201cFor a car to sell so quickly, it needs to have the right mix of demand and supply,\u201d explained iSeeCars.com CEO Phong Ly.<\/p>\n

The fastest selling car in America was the Toyota Prius plug-in hybrid, taking just 19.7 days to move. It was followed by the Nissan Leaf at 24.3 days and the only American car on the list, Tesla Model S at 26.1 days. The Prius is currently moving more than twice as fast as normal used cars, and is a dramatic turnaround from this time last year when it took 38.1 days to sell one.<\/p>\n

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The Nissan Leaf is the second-fastest selling used car in the U.S.<\/figcaption><\/figure>\n

(Mini takes the states \u2013 again. To check out the story, <\/em><\/strong>Click Here<\/a><\/span><\/strong>.)<\/em><\/strong><\/p>\n

\u201cThe dramatic decrease in days on the market is at least partially due to the fact that 54 percent of these cars were sold in California and the distribution of the stickers that allow plug-in hybrids to be used in California\u2019s HOV carpool lanes with a single occupant has reached its limit, pushing up demand for used cars that already have this privilege,\u201d said Ly.<\/p>\n

Further, demand may have been driven up by a 17% decline in average price: in 2015, the Prius Plug-In sold for $22,945 on average, but prices dropped to $19,057 by 2016. The Leaf enjoys a similar trajectory with prices coming down more than $2,200 to just over $12,500.<\/p>\n

The remaining vehicles on the list and how long they take to sell are:<\/p>\n