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These 15 used cars saw the steepest drops in sales when the coronavirus pandemic hit, according to the data

  • Car search engine and automotive research firm iSeeCars.com compiled a list of 15 used cars with the largest decrease in sales between February and March as the coronavirus pandemic spread across the US.
  • The used Tesla Model 3 tops the list with a 24.2% decrease in sales between February and March.
  • In February, 71.5% of used Model 3s were sold within the first 30 days of being listed, but by March, this number dropped to 47.4%.
  • Visit Business Insider's homepage for more stories.

Car search engine and automotive research firm iSeeCars.com has listed 15 used cars with the largest decrease in sales between Februrary and March as the coronavirus pandemic spread across the US.

Most of the vehicles on the list fall under two categories: "alternative fuel vehicles" or SUVS, not including one minivan and two compact cars.

This includes the Tesla Model 3, which tops the list with a decrease in sales to the tune of 24.2%. In Februrary, 71.5% of used Model 3s were sold within the first 30 days of being listed. By March, this number dropped to 47.4%.

"Overall car sales have plummeted as a result of stay-at-home orders and the economic downturn," iSeeCars CEO Phong Ly said. "But for those fortunate enough to be able to make a car purchase, now is an opportune time as dealers increasingly need to move inventory, and these slow-selling models could present great deals."

iSeeCars tracked over 1.8 million used cars that were listed between February 1 and March 18 to compile the data for the study. The percentage of every car model sold by or before the 30-day mark of being listed was then calculated. However, vehicles discontinued before 2020, heavy-duty vehicles, and "low-volume" cars were not included in the study.

Keep scrolling to see the 15 vehicles on the list:

Read the original article on Business Insider
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