Autos

This Is the Fastest-Selling Car in Each State

The supply of new cars has been hammered by a shortage of semiconductors used in cars. That shortage has caused some of the largest car companies to shut assembly lines and has hit earnings hard. And the chip shortage could last until next year. The by-product of these factors is that car prices, both new and used, have skyrocketed. Popular cars are basically unavailable.

One primary set of data the industry follows is called “days on dealer lot.” In a normal car market, the average number of days a car sits on the lot until it is sold is around 50. That has dropped by about half recently to 24.6 days, according to iSeeCars.

Reacting to the change in car demand, iSeeCars Executive Analyst Karl Brauer commented:

The demand for new and used cars has slowed in October, which is likely the result of increased inventory over September and because elevated car prices may have deterred consumers from buying a car until prices stabilize. Production halts and restricted inventory continue to beset the auto industry, but we did see an incremental improvement this past month.


iSeeCars looked at the fastest-selling cars in each state. The analysis covered 250,000 new and used vehicles sold in October. The average number of days it took to sell a new car was 31.7 days. For used cars, the comparable number was 44.7 days. The research firm then looked at the fastest-selling new and used cars based on the same yardstick.

The data raise a critical question. When can the industry begin to recover? Car and chip company executives have made forecasts that range from early next year to early 2023. By then, demand should be off the charts. People may be able to buy the cars they want to have faster, but it will take some time for supply to catch up, even when assembly lines are at full capacity. Among the problems consumers will face at that point is price. Dealers will be able to sell cars without discounting them and in some cars will get prices above the manufacturer’s suggested retail price (MSRP).

This is the fastest-selling new car in each state:

State Vehicle Average Days to Sell
Alabama Subaru Outback 8.1
Alaska
Arizona Nissan Rogue 8.0
Arkansas Hyundai Elantra 8.2
California Toyota Highlander Hybrid 8.3
Colorado Genesis GV80 8.6
Connecticut BMW X3 10.3
Delaware
Florida Toyota Camry Hybrid 8.3
Georgia Nissan Rogue 8.1
Hawaii Subaru Outback 11.7
Idaho Hyundai Palisade 12.2
Illinois Honda HR-V 8.9
Indiana Jeep Wrangler Unlimited 8.0
Iowa Honda CR-V 8.6
Kansas Jeep Gladiator 11.2
Kentucky Subaru Outback 8.6
Louisiana Toyota Tacoma 9.7
Maine BMW X3 9.7
Maryland Subaru Crosstrek 8.6
Massachusetts Lexus RX 350 8.6
Michigan Honda CR-V 9.9
Minnesota Hyundai Santa Cruz 11.1
Mississippi Toyota Highlander 8.3
Missouri Toyota Tacoma 8.7
Montana Hyundai Palisade 8.8
Nebraska Subaru Outback 11.3
Nevada Lexus RX 350 10.0
New Hampshire Hyundai Tucson Hybrid 13.4
New Jersey Honda Civic 9.0
New Mexico BMW X3 13.1
New York Toyota RAV4 Hybrid 8.2
North Carolina Jeep Wrangler Unlimited 9.4
North Dakota
Ohio Honda Civic 8.4
Oklahoma Hyundai Venue 9.2
Oregon Subaru Crosstrek 12.3
Pennsylvania Subaru Crosstrek 8.0
Rhode Island Subaru Forester 10.4
South Carolina Toyota Camry Hybrid 8.8
South Dakota
Tennessee Toyota RAV4 9.6
Texas Toyota Corolla 8.0
Utah Jeep Cherokee 9.9
Vermont
Virginia Jeep Wrangler 8.1
Washington Toyota Highlander Hybrid 8.5
West Virginia Jeep Wrangler Unlimited 10.0
Wisconsin Ford Bronco 9.1
Wyoming

Click here to see which are the fastest-selling cars in America right now.