August 28, 2006
Used Toyotas sell faster than any other brand
Toronto, Ontario – Used Toyotas turn faster on dealer lots than any other brand, according to J.D. Power and Associates’ Power Information Network (PIN). According to PIN data, used 2002 Toyotas moved off dealer lots faster in the first seven months of 2006 than did 2002 vehicles of any other brand.
Overall, Asian brands turned fastest, at 46 days; domestic brands were 49 days, while European brands turned at 65 days. The total overall industry days-to-turn was 45 days.
Among individual 2002 nameplates sold January through July 2006, Toyota sold the fastest at 31 days, followed by Volvo at 33, Suzuki at 36, Pontiac at 37 and Mazda at 38 days.