Two Peugeot SUVs ranked inside the top four profit-making models in the sub-£10,000 retail bracket, while one also appeared in the chart for the over £10,000 retail bracket, according to Dealer Auction.
The Peugeot 2008 had an average profit margin of £2,575, followed by the 3008 with £2,500 – achieving third and fourth place respectively.
Dealer Auction’s Marketplace Director, Kieran TeeBoon, said: “It’s brilliant to see mainstream brands like Peugeot and Hyundai going toe to toe with premium brands.
“There’s a huge appetite for used cars at the moment, with the SMMT recently announcing that the Q1 market surpassed two million units for the first time since pre-pandemic 2019.
“Interestingly, the Tucson and Qashqai were also among the SMMT’s top 10 most popular used models for the quarter, showing they aren’t just niche profit wins – they also offer consistent, broad-based appeal.”
In terms of the top 10 for models retailing above £10,000, Land Rover’s Discovery Sport achieved an average margin of £4,325 and was followed by the Range Rover Evoque (£3,925). The Peugeot 3008 was in fifth place (£3,050), while the Ford Focus was fourth (£3,218).
Of models retailing at less than £10,000, the Hyundai Tucson had the highest profit margin (£2,700), followed by the Vauxhall Mokka X (£2,675).
The Nissan Qashqai was the fastest mover in the chart, selling in 28 days on average.
At brand level, BMW has topped the chart for makes for models with a retail value of under £10,000 for the past five months.
TeeBoon said: “BMW has certainly shown its mettle. We always see a lot of shuffling in the makes and models charts, but BMW’s dominance is unchallenged in capturing dealer attention.
“However, there was more diversity further down the table, with Mercedes-Benz, Peugeot and Volvo performing well – reinforcing the importance of looking at the latest insights to outpace the market.”