2024-07-17 14:16:01
To find the slowest-selling cars, we reviewed iSeeCars.com’s Best Selling Cars Study, which analyzed sales of 463,000 new and used vehicles between October 2023 and March 2024.
Here we have compiled a list of the 10 slowest selling new cars. All of the cars on the list took at least 90 days to sell, which is much longer than the industry average of 54 days. We have also added GoodCarBadCar’s second quarter sales and the change from last year.
By far the slowest-selling vehicle was the Jeep Cherokee, at 169.7 days, or regarding 5.5 months, more than three times the average of 54 days.
According to iSeeCars.com, many of the slower-selling models have been on the market for years in their current form and are in need of a redesign.
The list also includes several electric models that, despite being relatively new, haven’t lived up to the expectations that were present when they were launched.
The two models of the Mercedes-Benz EQS (SUV and sedan) took more than 100 days to sell and were also the most expensive on the list, with an average price of $125,000 for the sedan and $128,000 for the SUV.
Cars that stay at dealerships longer are also likely to receive bigger discounts.
Here is a list of the 10 slowest-selling cars:
10. Mercedes-Benz EQS (SUV)
Average days on market in March 2024: 105.5 days (regarding 52 days slower than average)
Average price: $128,426
Total sales in the second quarter of 2024: 0: Ranked 74th out of 332 models
Change from Q2 2023 sales: -100.0%
Mercedes-Benz owner: Mercedes-Benz Group AG
9. Ford Mustang Mach-E
Average days on market in March 2024: 105.6 days (regarding 52 days slower than average)
Average price: $50,989
Total sales in the second quarter of 2024: 12,645 – 88th out of 332 models
Change from Q2 2023 sales: +46.5%
Ford Owner: Ford Motor Company
8. Lexus GX 460
Average days on market in March 2024: 107.3 days (regarding 53 days slower than average)
Average price: $66,008
Total sales in the second quarter of 2024: 5,283 (Lexus GX) – 147th of 332 models
Change from second quarter 2023 sales: -24.0%
Lexus Owner: Toyota Motor Corporation
7. Infiniti QX80
Average days on market in March 2024: 110.1 days (regarding 56 days slower than average)
Average price: $83,109
Total sales in Q2 2024: 2,242 – 140th lowest of 332 models
Change from second quarter 2023 sales: -23.9%
Infiniti’s owner: Renault-Nissan-Mitsubishi Alliance
6. Infiniti QX55
Average days on market in March 2024: 111.5 days (regarding 58 days slower than average)
Average price: $53,482
Total sales in the second quarter of 2024: 758: 108th out of 332 models
Change from second quarter 2023 sales: -41.1%
Infiniti’s owner: Renault-Nissan-Mitsubishi Alliance
5. Lincoln Navigator L
Average days on market in March 2024: 123.3 days (regarding 69 days slower than average)
Average price: $103,764
Total sales in the second quarter of 2024: 3,423 units (Lincoln Navigator): 160th lowest among 332 models
Change from second quarter 2023 sales: -27.0%
Lincoln Owner: Ford Motor Company
4. Hyundai Santa Fe Plug-in Hybrid
Average price: $47,492
Total sales in the second quarter of 2024: 30,528 units (Hyundai Santa Fe): 37th out of 332 models
Change from second quarter 2023 sales: -6.4%
Hyundai owner: Hyundai Motor Group
3. GMC Acadia
Average days on market in March 2024: 126.0 days (regarding 72 days slower than average)
Average price: $44,766
Total sales in the second quarter of 2024: 10,007 – 104th out of 332 models
Change from Q2 2023 sales: -58.7%
GMC Owner: General Motors
2. Mercedes-Benz EQS (Sedan)
Average days on market in March 2024: 129.7 days (regarding 76 days slower than average)
Average price: $125,496
Total sales in the second quarter of 2024: 0: Ranked 74th out of 332 models
Change from Q2 2023 sales: -100.0%
Mercedes-Benz owner: Mercedes-Benz Group AG
1. Jeep Cherokee
Average days on market in March 2024: 169.7 days (regarding 116 days slower than average)
Average price: $39,096
Total sales in the second quarter of 2024: 969: 114th out of 332 models
Change from second quarter 2023 sales: -83.9%
Jeep Owner: Stellantis
Source: 24/7wallst
1721233787
#slowestselling #cars #U.S
