Vendor Public sale has revealed the highest 10 used vehicles which have delivered the very best retail margins in April.

Land Rover merchandise topped the desk with the Discovery Sport and Vary Rover Evoque at first (£3,690) and second (£3,190) respectively.

Elsewhere within the desk, there was a notable new mannequin entry, with the Peugeot 3008 coming into the fray for the primary time, attracting a mean retail margin of £2,740. 

Alongside the Citroën Grand C4 Picasso at quantity seven within the desk, which joined the chart final month.

Vendor Public sale’s Market Director, Kieran TeeBoon, stated: “The wholesome mixture of merchandise promoting with the very best margins in April reveals that information is usually a gamechanger in serving to sellers keep forward of the curve amid the present competitors for inventory.

“These actionable insights can assist them in figuring out autos that not solely promote effectively but in addition in the end present distinctive revenue alternatives. In brief, information helps sellers play to their strengths.”

The cut up between premium and mainstream was much more evident within the high 10 makes.

With a mean retail margin of £3,290, Land Rover topped the chart for April – adopted by fellow premium manufacturers BMW and Mercedes-Benz, with £3,760 and £2,670 respectively.

However additional down the desk is the place issues get fascinating, with extra mainstream manufacturers, together with Seat, Kia and Volkswagen, coming to the fore.

TeeBoon stated: “April 2023 noticed some movers and shakers at each make and mannequin degree. Simply as we as a platform are staying agile as a way to assist sellers to make fast and good choices, it’s vital for them to make the most of these new alternatives when reviewing their stocklists.”

Vendor Public sale is an unbiased firm that was created as a three way partnership between Cox Automotive and Auto Dealer.

Richard Walker, Auto Dealer’s information and insights director, added: “Over the previous couple of months we’ve seen an acceleration in retail worth progress, from each a year-on-year and month-on-month perspective.

“In April costs grew at their quickest tempo for 17 months, and at this mid-month level, retail costs are up round 0.6% month-on-month, which could be very uncommon for Might, when costs historically soften.

“This acceleration not solely reveals the present energy of the used automobile market, but in addition simply how vital it’s to maintain an in depth eye on the stay retail market to make sure you’re getting the perfect attainable margins to your inventory.”