TradeTracker: Ford F-150 Popularity Soars in Q1
The Ford F-150 has done it again. Scoring the top spot for April, the truck has managed to swipe the No. 1 spot as the most appraised vehicle in Canada every month this year.
In fact, the top three models were all consistent with March results in the April TradeTracker Used Vehicle Market report as we edge closer toward summer.
Coming in at No. 2 in April was the Toyota Corolla, followed by the Honda Civic.
Rounding out the top five were the Mazda 3 and Dodge Grand Caravan, respectively.
These reports are provided monthly to Auto Remarketing Canada and are a result of Dealertrack Technologies' Trade Tracker 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 Mazda 3.
These results are also right in line with March’s showing.
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 April.
Lastly, the top import vehicle looked at by domestic owners was the Corolla.
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 April was Hyundai.
The top three vehicles looked at by trade-in customers at Hyundai dealerships were the Elantra, Santa Fe Sport and the Tucson.
For year-to-date trends, the lineup starts with the Elantra, and is followed by the Sante Fe Sport and Sante Fe, respectively.