Autos

This Is the Fastest-Selling Car in America

Car sales collapsed at the start of the COVID-19 pandemic and remained depressed through most of last year. Among the causes were financial uncertainty and the inability of people to go to dealerships. The situation improved late last year, as American car sales began to normalize. The sales of some models, in particular, rose above their levels of a year ago. Additionally, car sales in general also got a boost because of historically low-interest rates, held down by the Federal Reserve, which allowed manufacturers to offer attractive car loan terms.

Car manufacturers ship vehicles to their dealers based on supply and on what the dealers believe they can sell by model. At the manufacturer’s end, factory output is an issue. At the dealer end, it is an educated guess about what the people in a market want.

Based on this manufacturer/dealer balance, the number of days a car typically sits on the dealer lot averaged 47.4 days last month. Several cars are on lots for a much shorter time, due to either manufacturer factory limitations or huge consumer demand at the dealer level.

The car most in-demand in the United States last month, which makes it the fastest-selling car in America, is the Chevy Corvette, the flagship vehicle of the largest division of GM, as well as the only two-seat sports car that has been made continuously for over six decades (since 1953). The Corvette’s days-to-sell figure is 9.4, according to iSeeCars.

iSeeCars Executive Analyst Karl Brauer commented: “The fastest-selling new vehicle is the Chevrolet Corvette, which takes on average 9.4 days to sell, nearly four days faster than its February selling time. The new mid-engine Corvette is the fastest-selling new car for the third consecutive month.”

The 20 Fastest-Selling Cars in America

Vehicle Average Days to Sell
Chevrolet Corvette 9.40
Toyota RAV4 Prime 10.2
Kia Telluride 14.1
GMC Yukon XL 14.3
Cadillac Escalade ESV 15.2
Cadillac Escalade 15.6
Hyundai Elantra (Hybrid) 16.1
Toyota Tacoma 16.3
GMC Yukon 17.5
Lexus IS 350 17.5
Land Rover Range Rover Velar 17.7
BMW X7 18.8
Mercedes-Benz GLS 19.3
Chevrolet Tahoe 21.5
Ford F-150 (Hybrid) 21.8
Toyota Tundra 22.0
Toyota RAV4 Hybrid 22.0
Toyota Sienna 22.6
Lexus RX 450h 22.9
Toyota 4Runner 23.3

Click here to see the slowest-selling new car in America.