The used car market has reached a five-year high, with nearly two million vehicles sold in Q1 2024, according to the Society of Motor Manufacturers and Traders (SMMT). As living costs continue to rise, finding a trusted and reliable used car has become crucial to avoid unexpected repair bills.
Leading aftermarket warranty provider Warrantywise has unveiled its latest Reliability Index, offering insights into the reliability of the top ten most popular used cars. The Ford Fiesta not only emerged as the most popular used car sold in the first quarter of 2024 but also topped the reliability rankings with an impressive score of 70 out of 100.
Warrantywise’s Reliability Index highlights the Ford Fiesta’s standout performance, supported by low average repair costs (£925) and an older average age at the time of repairs (eight years). The Index, available on Warrantywise’s dedicated microsite, underscores the Ford Fiesta’s enduring appeal and reliability, making it a top choice for budget-conscious consumers.
The surge in used car sales reflects a broader trend driven by economic challenges, as consumers seek budget-friendly alternatives to new vehicles. Lawrence Whittaker, CEO of Warrantywise, emphasizes the importance of comprehensive warranties in safeguarding against unexpected repair costs. He notes, “The Ford Fiesta’s continued popularity and reliability make it a trusted option in these uncertain times.”
The top ten most popular used cars in Q1 2024, along with their Warrantywise Reliability Index scores, are as follows:
| Position | Model | Reliability Score (/100) |
|---|---|---|
| 1 | Ford Fiesta | 70 |
| 2 | Vauxhall Corsa | 68 |
| 3 | Ford Focus | 59 |
| 4 | Volkswagen Golf | 63 |
| 5 | MINI | N/A |
| 6 | Vauxhall Astra | 60 |
| 7 | BMW 3 Series | 65 |
| 8 | Volkswagen Polo | 69 |
| 9 | Nissan Qashqai | 57 |
| 10 | Audi A3 | 64 |
Warrantywise’s Reliability Index is a valuable resource for both consumers and automotive professionals, providing comprehensive data on vehicle reliability. With over one million warranty plans sold since its inception in 2000, Warrantywise is dedicated to delivering exceptional customer service and transparent repair processes, as reflected in its Excellent Trustpilot rating.
As the used car market continues to grow, the Ford Fiesta’s combination of popularity and reliability positions it as a standout option. Paired with a comprehensive warranty, consumers can navigate the challenges of used car ownership with confidence, ensuring financial stability in uncertain times.
