The Lasso Blog
June 27, 2024
The 10 Most Popular and 5 Least Popular Cars in the Market

In this video, Nate, CEO and founder of The Lasso, along with Alex, our resident car expert with over a decade of experience in the dealership world, dive into the top 10 most popular cars to sell right now and the 5 least popular ones.

The 10 Most Popular Cars

Here are the 10 most popular cars we're seeing on our platform:

These cars make a lot of sense as they are commonly seen on the road and are highly sought after for their reliability, durability, and overall popularity. Nobody would argue that the Ford F-150 and Chevy Silverado are iconic trucks in the American market, and the Honda Civic and Accord are known for their longevity and excellent performance as commuter cars, making them attractive for dealerships to resell as pre-owned vehicles.

The Dodge Challenger and Ford Mustang are also notable due to their strong followings and the recent discontinuation of certain models, which only increases demand.

The EV Influence

The Tesla Model 3 stands out on this list, reflecting the growing interest in electric vehicles (EVs). Elon Musk’s vision of making Teslas more affordable has indeed expanded their reach, making them a common sight on our platform.

The 5 Least Popular Cars

Now, let's look at the five least popular cars:

The lower demand for these cars can be attributed to various factors. The Jeep Patriot and Mini Convertible, for instance, are not as common on the roads. The EVs Rivian and Lucid face challenges due to the relatively new and evolving technology, as well as uncertainties about long-term performance and battery costs.

The EV Market Challenge

While EVs are gaining popularity, there is still a lot of consumer hesitation, especially in the pre-owned market. Concerns about battery life, range, and the availability of service networks make people cautious about investing in pre-owned EVs.

At The Lasso, we're constantly analyzing market trends to better serve both consumers and dealers. We encourage consumers to stay informed and make data-driven decisions when buying or selling cars. And if you're looking to sell your car, visit thelasso.com – it’s free for you, and we’re here to help.

Thanks for reading, and stay tuned for more insights from The Lasso team!

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