To kick off the summer car buying season, CarMax today published its inaugural CarMax Used Car Shopping Report. According to data from more than 130 locations across the country, the Nissan Altima is by far the most frequently test-driven and purchased make and model at the nation’s largest used car retailer. Ford is the best-selling make in the pickup truck and SUV categories. The inaugural report is based on the total number of vehicle sales and test drives recorded by CarMax from March 2013 through February 2014, the company’s fiscal year.
According to the 2014 CarMax Used Car Shopping Report, Americans buying a used car have favored the Nissan Altima for the past two years. The 2014 ranking of best-selling cars also included the Toyota Camry, in second place, as well as the Chevrolet Malibu, Honda Accord and Honda Civic. In the pickup truck category, the Ford 150 has been the best-selling used automobile for two years in a row. Another Ford model, the Escape, ranks highest in SUV sales.
“In 20 years, CarMax has sold more than 5 million cars. The hardest part about buying a car is finding the right one for you – no matter your age,” said Cliff Wood, executive vice president of stores at CarMax. “Fortunately, CarMax has virtually every make and model, all on one lot. Each of our locations carries about 30 different brands, making CarMax the best place to start your car shopping experience.”
Ford and Hyundai Fuel Interest of the Under-50 SetFord is a popular manufacturer among both Millennials (ages 18 to 33) and Generation X (ages 34 to 49). Three of the 10 most-purchased used vehicles by Millennials are Ford models, a higher share than Ford has with any other age group. CarMax also compared the sales and test drive data with its last fiscal year, March 2012 through February 2013, and found one model in particular gained significant ground: from 2013 to 2014, the Ford Edge moved up 25 spots to rank eighth in car sales among Generation X.
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