Buying a new car has been quite an adventure over the past year. Many dealerships across the nation are in short supply thanks to the global chip shortage, causing car buyers to pay over the MSRP in many cases. Unfortunately, the low nationwide inventory doesn’t look like it’s letting up anytime soon, which means that certain fast-selling cars could be hard to find.
The fastest-selling model is one capable crossover
The supply and demand issue that has been plaguing the automotive market for the past year has caused some brands to sell faster than others. The automotive website, iSeeCars.com, analyzed over 224,000 new sales transactions in June to determine how many days certain cars stuck around on dealer lots before being sold. According to the study, the fastest-selling model was the subcompact Subaru Crosstrek SUV.
On average, the small crossover only sits on dealer lots for an average of 12.9 days before being sold. According to Forbes, “the industry average is currently at 37.2 days, while in the pre-pandemic era, 50 days was considered typical.” It’s worth it to note that some mainstream models sell out much quicker than others. Also, luxury makes tend to sit on dealer lots for longer.
Here are the top 20 fastest-selling vehicles in the current market:
- Subaru Crosstrek: 12.9 days; $30,299
- Honda Civic: 14.1 days; $26,480
- Subaru Forester: 14.7 days; $34,319
- Honda CR-V: 17.7 days; $34,698
- Subaru Impreza: 18.5 days; $24,881
- Kia Telluride: 18.6 days; $46,447
- Kia Forte: 18.6 days; $23,084
- BMW X3: 19.4 days; $52,079
- Ford Bronco: 21.5 days; $57,579
- Hyundai Tucson Hybrid: 22.3 days; $36,371
- Subaru Outback: 22.9 days; $37,942
- Kia Sportage: 22.9 days; $33,967
- Toyota RAV4 Hybrid: 23.7 days; $36,767
- Nissan Kicks: 23.7 days; $24,277
- Jeep Wrangler Unlimited: 24.1 days; $55,043
- Chevrolet Trailblazer: 24.1 days; $27,523
- Mercedes-Benz GLE: 24.7 days; $75,240
- Toyota Camry: 25.9 days; $30,998
- Jeep Wrangler Unlimited (Hybrid): 25.9 days; $62,731
- Toyota Highlander: 26.4 days; $46,332
Certain used cars are selling like hot cakes as well
It’s the same story for the used car market. Car buyers are swooping in on EVs, hybrids, and small cars the quickest, most likely due to high gas prices. The analysis from iSeeCars.com shows that the Tesla Model Y tops the list of the fastest-selling used cars as it only stays on dealer lots for an average of 24.9 days. As you might suspect, the Toyota Prius Prime took second place on the list with an average of 25.1 days, followed by the Ford Mustang Mach-E (26.8 days).
The rest of the cars on the list include other hybrids like the Toyota Highlander Hybrid, the Honda Accord Hybrid, and the Ford F-150 Hybrid. What’s most surprising about the used car list in contrast to the new-car list is that an array of luxury cars is included. Luxury cars like the Acura ILX, the Audi A4, and Audi Q3 are among the fastest-selling. The last car on the list is the Chevy Spark, which tends to hang around on dealer lots for an average of 36.1 days.
What to do if you can’t find the car you want at the dealership
If one of the cars on these lists is the car you happen to be shopping for, we suggest checking multiple dealerships in your area for one. If you’re looking for a Subaru Crosstrek and aren’t able to find one, then you can always look into ordering one from the factory. However, it could take a few months to take delivery of it.
If all else fails, you may need to shop out of your state to find the car you want. And if that doesn’t work, then going with a less-mainstream make and model could yield better results.