ACV online car auctions have a selection of quality used hatchback cars for you.
As a car dealer, you’ll want to stay up-to-date on a few key trends and demographics. This will come in handy when deciding what types of hatchback cars to buy. With this information in mind, you can confidently source quality used hatchback vehicles for your customers.
Trends in Hatchback Cars
Once upon a time, hatchback models were commonly called “econoboxes.” But that’s no longer the case. Hatchback designs have improved and have become much more stylish. Fresh exterior and interior components now attract a variety of consumers
So, what trends are circling hatchback vehicles these days?
Gas prices are skyrocketing. So consumers may be looking for alternatives to conventionally-powered vehicles. Fuel-efficient, electric, and hybrid hatchbacks can be excellent additions to your dealership’s lot. This includes models like the Tesla Model S and the Polestar 2. These models offer great fuel efficiency and nimble handling
New vehicle production halted during the pandemic due to supply chain issues and the shortage of microchips and semiconductors. Used cars became a highly desirable option for car buyers—with the demand causing a rise in used car prices. The average price for a used hatchback saw a rise of 23.7% from May 2021 to May 2022.1 Despite the price hike, consumers are still hunting for these sporty, convenient vehicles.
Demographic and Regional Popularity
Hatchback vehicles allow you to pack up and hit the road, or run all your errands in one swoop. One such hatchback is the Honda Civic. A car beloved by commuters and young drivers, according to Insurify. It has an MSRP of $20,175. The car is ranked #3 on Insurify’s 2022 list of the most popular cars by state.2 Other fan favorites include the Toyota Corolla hatchback and Ford Fusion.
Check out the seven states where these models enjoy significant popularity
California / Florida / New Hampshire / Ohio / Pennsylvania / Hawaii / Wisconsin
Find Great Deals at ACV’s Online Hatchback Vehicle Auction Today
Since hatchback vehicles are known for their strong build and outfitted interiors, buying used hatchback cars can be a great option for your dealership.
So, how does sourcing from online car auctions work? At ACV auctions, our market report uses real-time data to provide a price range for a vehicle based on VIN or Year/Make/Model/Trim, so you never overpay. Our powerful search filters allow you to easily zero in on the hatchback vehicles you're looking for or get alerts the moment they hit the auction block.
For even more convenience, simply select ACV Transportation after you win the auction and we’ll handle the rest with our seamlessly integrated service.