Civic Ousts F-150 As Most Appraised Vehicle
The Ford F-150 has been ousted from its spot as most appraised vehicle in Canada — a spot which it held from January through April.
This May, the Honda Civic Sedan rose to the No. 1 spot, according to the results of the latest TradeTracker Used Vehicle Market report.
The Mazda3 came in at No. 2, followed by the popular Ford F-150.
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
Rounding out the top five were the Toyota Corolla, which holds the No. 2 spot year-to-date, followed by the Dodge Grand Caravan.
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.
These results are also right in line with what March and April showed.
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 May.
Lastly, the top import vehicle looked at by domestic owners was the Corolla.
These results showed no changes from April.
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 May was Chrysler.
The top three vehicles looked at by trade-in customers at Chrysler dealerships were the Dodge Ram 1500, the Dodge Grand Caravan and the Dodge Journey.
For year-to-date trends, the lineup remained the same.