2023-08-29 18:08:53
Consumer fatigue with new and used car prices is affecting their sales rate: Best-selling new models are selling 29.2 percent slower and popular used cars are selling 26 percent slower. cent slower than last year.
Overall used car sales are 6.1 percent faster, but the average new car is selling 25.7 percent slower.
EV sales have slowed, with new EVs going from 25.2 days to sell to 50 days over the past year. Used electric vehicles are selling even more slowly, going from an average of 26.4 days a year ago to 57.8 days now, an increase of 120 percent. These electric vehicles are selling more slowly despite significant price drops over the past year.
Most of the fastest selling used cars are popular models priced in the heart of the market between $20,000 and $45,000. With nine Hondas and five Toyotas ranked in the top 20, it’s clear used car buyers are looking for trusted brands with a reputation for quality and reliability.
The 20 Slowest Selling Used Cars
The slowest-selling used cars are almost all SUVs, though the Tesla Models S sedan tops the list. “Many of the slower-selling vehicles, including the two Teslas, are older models in need of a redesign.”
The fastest-selling new models tend to be large three-row SUVs, reflecting strong demand for comfortable people-carrying vehicles. Two minivans, along with several compact SUVs, confirm the continued popularity of utility vehicles.
| The 20 slowest-selling new cars: | |||
| Range | Model | Average Days on Market | Average Price |
| 1 | jeep cherokee | 128,7 | $39,238 |
| 2 | Land Rover Discovery Sport | 119,4 | $53,422 |
| 3 | Buick Envision | 117.0 | $39,917 |
| 4 | Ford Mustang | 108,6 | $56,670 |
| 5 | Mazda MX-5 Miata | 107.3 | $34,543 |
| 6 | Lincoln Aviator | 105.1 | $69,283 |
| 7 | Nissan hoja | 95,2 | $32,770 |
| 8 | Ford Edge | 93,6 | $42,746 |
| 9 | Nissan Murano | 88,7 | $45,130 |
| 10 | Infiniti QX80 | 87,2 | $82,847 |
| 11 | jeep compass | 86,6 | $34,490 |
| 12 | Buick Encore GX | 85,7 | $30,052 |
| 13 | Lincoln Navigator | 84.2 | $104,192 |
| 14 | jeep grand cherokee | 83,4 | $66,571 |
| 15 | Enclave Buick | 83.1 | $53,658 |
| 16 | Infiniti QX60 | 81.3 | $60,395 |
| 17 | Mercedes-Benz S-Class | 81.1 | $135,081 |
| 18 | GMC Acadia | 80,7 | $46,993 |
| 19 | nissan titanium | 80,7 | $57,280 |
| 20 | ford explorer | 80.1 | $49,440 |
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