These Were the 15 Best-Selling Used Cars of 2023
With new car prices soaring, buying a used car was the more financially appealing choice in 2023. To find out which cars were the most popular with buyers, iSeeCars analyzed over 9.2 million used car sales from the last five model years (2018-2022) to find which models represented the largest shares of total used car sales in 2023.
While trucks ranked in the top two spots, the Ram 1500 was replaced in the No. 3 spot by an SUV.
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“Trucks have been so dominant in the U.S. market for so long that it’s strange to see the Ram lose its top-three ranking, even to an SUV as popular as the Chevrolet Equinox,” Karl Brauer, executive analyst at iSeeCars, said in a news release. “This shift reflects the jump in gas prices during 2023, which led many consumers to move away from large trucks and SUVs and into smaller, more fuel-efficient models.”
Here’s a look at which used car models sold the most in 2023.
1. Ford F-150
Percent of total 1- to 5-year-old used car sales in 2023: 3.3%
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2. Chevrolet Silverado 1500
Percent of total 1- to 5-year-old used car sales in 2023: 2.6%
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3. Chevrolet Equinox
Percent of total 1- to 5-year-old used car sales in 2023: 2.1%
4. Ram 1500
Percent of total 1- to 5-year-old used car sales in 2023: 2.1%
5. Toyota Camry
Percent of total 1- to 5-year-old used car sales in 2023: 1.8%
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6. Honda Civic
Percent of total 1- to 5-year-old used car sales in 2023: 1.7%
7. Toyota RAV4
Percent of total 1- to 5-year-old used car sales in 2023: 1.7%
8. Toyota Corolla
Percent of total 1- to 5-year-old used car sales in 2023: 1.5%
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9. Ford Explorer
Percent of total 1- to 5-year-old used car sales in 2023: 1.5%
10. Nissan Rogue
Percent of total 1- to 5-year-old used car sales in 2023: 1.5%
11. Honda CR-V
Percent of total 1- to 5-year-old used car sales in 2023: 1.5%
12. Jeep Grand Cherokee
Percent of total 1- to 5-year-old used car sales in 2023: 1.4%
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13. Ford Escape
Percent of total 1- to 5-year-old used car sales in 2023: 1.4%
14. Toyota Tacoma
Percent of total 1- to 5-year-old used car sales in 2023: 1.4%
15. Nissan Altima
Percent of total 1- to 5-year-old used car sales in 2023: 1.4%
Data is sourced from iSeeCars and is accurate as of Jan. 4, 2024.
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This article originally appeared on GOBankingRates.com: These Were the 15 Best-Selling Used Cars of 2023