The Mercedes-Benz GLC topped the listing of used automobiles with the best revenue potential pbought by Carwow day by day on-line auctions within the ultimate quarter of 2023, with a mean resale margin of £4,331.

Carwow’s ‘Revenue Potential’ report in contrast the costs of automobiles offered by all of its auctions between October and December final 12 months with cap retail values. 

Second within the rankings was the Audi Q5, with a mean revenue potential of £3,691, adopted by the Vary Rover Evoque (£3,400), the BMW 3-Sequence (£3,065) and the Skoda Kodiaq (£2,923). 

The Ford Puma got here in sixth with a mean potential revenue margin of £2,812, adopted by the Volkswagen Polo and Mercedes-Benz A-Class, with £2,156 and £2,104 respectively. The Volkswagen T-Roc (£2,072) and Audi A1 Sportback (2,071) full the highest 10. 

Mercedes-Benz GLC: £4,331

Audi Q5: £3,691

Vary Rover Evoque: £3,400

BMW 3-Sequence: £3,065

Skoda Kodiaq: £2,923

Ford Puma: £2,812

Volkswagen Polo: £2,156

Mercedes-Benz A-Class: £2,104

Volkswagen T-Roc: £2,072

Audi A1 Sportback: £2,071

Sally Foote, Carwow’s chief industrial officer – Promote My Automotive, stated: “Our precedence is to assist sellers maximise revenue by offering entry to massive volumes of high-quality inventory, protecting consumers’ charges decrease than the competitors, and by not requiring a subscription. As we famous within the ultimate quarter of 2023, the rise in premium-brand inventory being listed is making a optimistic distinction to our vendor companions’ backside line. Equally, by shifting to a round the clock bidding public sale mannequin, we proceed to supply our vendor companions with higher comfort and suppleness.

“This February we’re operating a brand new shopper marketing campaign to get the general public to ‘break up’ with their vehicles. We all know there are many good causes for drivers to half methods with high quality vehicles – over a 3rd (38%) of motorists promote to improve to a much bigger or higher automobile that fits altering wants and life-style necessities, whereas 1 / 4 (25%) promote as a result of they not want it. Meaning extra recent high quality inventory, and revenue potential, for sellers in our day by day on-line auctions.”

The Carwow ‘Revenue Potential’ is a quarterly report sharing particulars of the fashions that had the best predicted revenue margin for sellers over the previous quarter.