Most-Appraised Vehicles: What Shoppers Are Looking For
Fall appraisal trends are so far mirroring summer results, with the ever-popular Ford F-150 out in front last month, according to DealerTrack's TradeTracker report.
The Ford F-150 is also No. 1 for year-to-date trends, similar to what was seen in 2013.
The Toyota Corolla was the No. 2 most appraised vehicle in Canada in September.
The top three were rounded out by the Dodge Caravan, taking the place of the Honda Civic sedan, which moved down to fourth place. Year-to-date, though, the Honda Civic easily takes the third spot.
Another Ford model, the Escape, rounded out the top five. Year-to-date, this position has been held by the Dodge Grand Caravan.
These reports are provided monthly to Auto Remarketing Canada and are a result of Dealertrack Technologies' TradeTracker solution, which is an online, trade-in evaluation tool that allows dealerships to create instant, accurate appraisals and gain insight into their used-car business.
The report also breaks down the vehicles by market, as follows:
- The top domestic vehicle appraised by domestic dealers was the F-150.
- The top import vehicle appraised by import dealers was the Corolla.
- The top domestic vehicle appraised by import dealers was the Ford Escape.
- The top import vehicle appraised by domestic dealers was the Mazda3.
The report also narrows down the top vehicles being looked at by trade-in owners.
Within this group, the top domestic vehicle looked at by domestic owners was once again the F-150.
For import owners, the top import vehicle looked at was the Corolla.
And when it comes to domestics, import owners looked at the Escape the most in September.
Lastly, the top import vehicle looked at by domestic owners was the Toyota Rav4. This spot has been consistently held by the Toyota Corolla, who holds the year-to-date trend.
The TradeTracker reports also include a Brand of the Month section, which highlights appraisal trends by an individual brand each month.
The brand highlighted in September was Kia.
The top three vehicles looked at by trade-in customers at Kia dealerships were the Sorento, Soul and Rio, respectively.
The top three off-make vehicles appraised by Ford dealers were the Mazda3, Ford Focus and Dodge Grand Caravan, respectively.