best cars to sell in october

5 Best Cars to Sell in June

Carmigo is bringing you the best-selling used cars for June (or at least our prediction). We’ve analyzed trends on our marketplace as well as the general car market and compared those with U.S. economic trends to help you decide if this is the month to sell your car, or if you should consider waiting.

New Car Sales Up Heading Into Summer

It’s June 2023 and new car prices are flirting with all time highs. Combined with increased interest rates, the average monthly car payment in 2023 has officially topped $700.

But prices can’t stay that high forever. In fact, manufacturers are beginning to implement incentive pricing to help ease the burden of buying a new car. 

Plus, used car prices are beginning their return to normal (hopefully new car prices will too).

Is this the month to sell your car? Depends, do you have a red light or a green light car this month?

Best Cars to Sell in June

green light chat box

You've Got the Green-Light

Toyota Camry best cars to sell in november, Toyota Camry best cars to sell in may, and one of the best cars to sell in june

For the last four months, Camrys have ranked near the top of sales on the Carmigo marketplace. Month over month, we list more and sell more Camrys than nearly any other car. 

The reason is simple: You can’t beat the Camry. They hold value well and are always in fairly high demand because of their year-over-year reliability, fuel economy, and safety standards.

Hyundai makes great SUVs. In fact, most months a Hyundai SUV has the highest sales ratio on the Carmigo Marketplace. That means we sell most of the Hyundais we list. And lately, the Tuscon has lead the way. 

the Hyundai Tuscon is one of the best selling cars in june
the toyota rav4 is one of the best cars to sell in October

The Toyota RAV4 is one of the models of vehicle we don’t see often (because owners will drive these things until the wheels fall off). 

But when we do see someone list a RAV4, it sells fast and it usually gets some solid offers. Because RAV4 fans are fanatics. 

Last month, we predicted the Kia Soul would be a Red Light Car. Boy were we wrong. We listed 7 Kia Souls in May, and we sold them all. In fact, we sold them all for right at market value. 

The Ford F150 is America’s truck for a reason. This truck has been selling well, selling in volume, and selling for competitive market prices on the Carmigo Marketplace for most of 2023. 

In fact, half-ton pickup trucks overall are dominating the used car market right now, especially the Carmigo Marketplace. 

Worst Selling Used Cars

red light chat box

You've Got the Red Light

The Mini Cooper sold terrible on the Carmigo Marketplace in May. It sold so bad, that it didn’t sell at all.

We listed a handful and they got a few offers, but nothing very substantial. With the market as high as it is, I have to think cars that are smaller than economy cars and almost as expensive as luxury cars don’t have a strong footing. 

The Nissan Pathfinder not only didn’t sell, none of the Nissan Pathfinders on the Carmigo Marketplace received an offer last month. I’ve never seen that before. The Pathfinder, like the Mini Cooper, simply doesn’t fit well into such an expensive market. It’s not a luxury vehicle, but it’s not cheap. It’s not a work truck, but it’s not small. 

Across makes and models, luxury sedans are depreciating in value faster than other models. This means people who are trying to sell a luxury sedan often have more money in them than they can get back from a buyer. Until the new and used car markets level back out, Luxury Sedans aren’t going to sell better.

Last month, predicted Jeeps would sell well in May, and they did. But the Jeep Cherokee didn’t sell well in May. In fact, all of the Cherokee trims and models did poorly, including the Grand Cherokee. June probably isn’t going to be a whole lot different for the Cherokee. 

Hopefully things will look up after the summer used car market doldrums. 

SUVs like this 2022 hyundai santa fe are some of the best cars to sell in july

The Hyundai Santa Fe has sold pretty well in recent months. It even came in as a Green Light car in May. 

But the Santa Fe Sport trim has done pretty bad on the Carmigo marketplace. Part of this could be because the market is so expensive right now that folks are either going the cheaper route, or going for the full thing. Since the sport model usually sits somewhere in between, it could just be overlooked. 

The Best Way to Sell Your Green-Light Car

Shameless Plug: A lot of these price trends are based on the Carmigo Marketplace data. Carmigo is a one-of-a-kind platform that lets private car owners sell their used cars to dealerships.

Note: These predictions are simply that: predictions. We cannot tell the future. They are based on trends we’ve seen in the marketplace but are not a guarantee of future market outcomes.