Fastest Selling Used Cars in Indianapolis
Although the used car market has cooled slightly after its rapid surge in recent years, in 2024, there are still excellent deals at Indy car dealerships. Some used cars spend an average of 12 days on Indianapolis dealer lots before being purchased. Considering the overall savings associated with buying a used vehicle, it's easy to see why many cars sell so quickly on this list:
- Honda HR-V
- Acura ILX
- Toyota Highlander Hybrid
- Honda Civic
- GMC Yukon
- Kia Telluride
- Chevrolet Corvette
- Honda Pilot
- Cadillac Escalade ESV
- Toyota 4Runner
Using data from iSeeCars and our internal statistics, we prepared an overview of the top 10 fastest-selling used cars in Indiana in 2024.
1. Honda HR-V
The Honda HR-V tops the list as the fastest-selling used car, averaging just 34.4 days on the market. Priced at an average of $24,496, this compact SUV strikes a perfect balance between versatility and affordability.
2. Acura ILX
In second place is the Acura ILX, which takes an average of 35.3 days to find a new owner. With a median price of $26,091, this luxury sedan attracts buyers looking for style and performance without overspending.
3. Toyota Highlander Hybrid
The Toyota Highlander Hybrid is a sought-after vehicle, selling in an average of 36.6 days for about $42,119. Its impressive fuel efficiency and roomy interior make it a favorite among environmentally conscious families.
4. Honda Civic
Renowned for its reliability and fuel efficiency, the Honda Civic typically remains on the market for 38.8 days before being sold, with an average price of $24,619. Its sporty aesthetics combined with practicality attract a diverse range of buyers.
5. GMC Yukon
Boasting a commanding presence and luxurious features, the GMC Yukon has an average sales time of 39.4 days, with a price tag of $56,637. Its roomy interior and robust engine options make it perfect for large families and adventurous road trips.
6. Kia Telluride
The Kia Telluride continues to receive accolades for its impressive blend of value and quality, selling in an average of 39.7 days for $39,838. With its upscale interior, smooth ride, and a wealth of technological features, it stands out in the competitive midsize SUV market.
7. Chevrolet Corvette
The Chevrolet Corvette offers exhilarating performance and iconic design, selling in an average of 39.9 days for $82,574. Its powerful engine choices and track-ready handling make it a dream car for those who crave high performance.
8. Honda Pilot
The Honda Pilot is a go-to choice for families seeking a spacious and versatile SUV, averaging 39.9 days on the market with a selling price of $34,749. With three rows of seating, generous cargo capacity, and strong safety ratings, it stands out as a leading option in its segment.
9. Cadillac Escalade ESV
The Cadillac Escalade ESV radiates luxury and sophistication, with an average selling time of 40.5 days at a price of $66,331. Its spacious interior, powerful engine options, and premium amenities position it as a leader in the full-size SUV category.
10. Toyota 4Runner
Celebrated for its off-road capabilities and durability, the Toyota 4Runner averages 40.7 days before finding a new owner, with a price of $40,851. Its rugged design, impressive performance, and long-lasting reliability make it a favorite among outdoor enthusiasts.
What Used Cars Are Selling the Fastest Right Now?
The sale rate varies depending on the brand's popularity and the car model. But the main parameters defining how fast you will sell your car are the configuration, age/mileage, and condition of your vehicle in relation to the price you set. At the same time, the number of similar offers at the moment plays an important role, which, given the current demand, can affect both the timing of the sale of a used car and its cost.
Honda and Lexus models are selling like hotcakes right now. Electric vehicles are in the spotlight now, but hybrids are currently in the highest demand.
At the same time, used premium brands take the longest to find new owners in 2024 - their sale period can reach 40-50 days. This is even though the number of offers for luxury cars is relatively small due to the size of this prestigious segment. In addition, premium cars are known to lose the fastest in value, so they usually end up attractively priced on the secondary market of Indiana at the age of 2-3 years. Among the "long-livers," we can name the Jaguar X-Type, Porsche Macan, BMW X6, and Mercedes-Benz G-class AMG.
If you feel your car is out of demand, we are ready to buy it! At Indy Auto Man, we offer a fair market price even if you don’t buy from us. At the same time, if you are a smart-thinker and working out the strategy for a good future bargain, we can help you choose a pre-owned vehicle you will be able to resell with no problem. We are glad to see you among our buyers at the Indy Auto Man car lot in Indianapolis.
