The microchip shortage has hindered production of many new cars, causing supplies to dwindle. As a result, drivers are paying higher prices for new vehicles. Drivers, says iSeeCars Executive Analyst Karl Brauer, “have embraced the reality that inventory shortages are here to stay for the next several months”. As prices have gone up, the number of days it takes to sell a car has gone down.
The U.S. automarket has faced a wild swing over the last 20 months. The average new car sold in March through June of 2020 sat on dealers lots for over three months. In September 2021, the average new car sold in 24.6 days — and there were 20 new cars that sold in less than 12 days.
To determine the fastest selling cars, 24/7 Wall St. reviewed iSeeCars’ list of The Hottest New and Used Cars in September. New vehicles are ranked on their average days to sell for September 2021.
Toyota vehicles account for half of the fastest-selling new cars in America. The manufacturer’s SUVs and hybrid versions of long-running/well-known models like Corolla, Rav4, and Highlander are in high demand, but Toyota had to cut global production by 40% in September due to the chip shortage, leading to quick sales times. These are the best selling cars in America.
Click here to see the fastest selling cars
Source: Tramino / iStock Unreleased via Getty Images
20. Toyota Highlander
> Average days to sell: 11.6 days
> Average price: $44,542
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Source: shaunl / iStock Unreleased via Getty Images
19. Toyota 4Runner
> Average days to sell: 11.5 days
> Average price: $46,676
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Source: YuriyVlasenko / iStock Editorial via Getty Images
18. Mercedes-Benz GLS
> Average days to sell: 11.2 days
> Average price: $94,568
Source: jetcityimage / iStock Editorial via Getty Images
17. Toyota Tacoma
> Average days to sell: 11.2 days
> Average price: $38,266
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Source: teddyleung / iStock Editorial via Getty Images
16. Kia Carnival
> Average days to sell: 11.1 days
> Average price: $37,639
Source: Cindy Shebley / iStock Editorial via Getty Images
15. Toyota Corolla Hybrid
> Average days to sell: 11.0 days
> Average price: $25,506
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Source: Courtesy of Toyota
14. Toyota RAV4 Prime
> Average days to sell: 11.0 days
> Average price: $45,038
Source: Neydtstock / iStock Editorial via Getty Images
13. Lexus RX 450h
> Average days to sell: 10.9 days
> Average price: $59,613
Source: greggjerdingen / Flickr
12. Kia Telluride
> Average days to sell: 10.9 days
> Average price: $45,226
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11. Kia Seltos
> Average days to sell: 10.8 days
> Average price: $26,720
Source: ollo / iStock Unreleased via Getty Images
10. Toyota RAV4 Hybrid
> Average days to sell: 10.7 days
> Average price: $36,969
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Source: Tramino / iStock Unreleased via Getty Images
9. Hyundai Tucson Hybrid
> Average days to sell: 10.7 days
> Average price: $33,494
Source: YuriyVlasenko / iStock Editorial via Getty Images
8. Toyota C-HR
> Average days to sell: 10.2 days
> Average price: $25,410
Source: YuriyVlasenko / iStock Editorial via Getty Images
7. Cadillac Escalade
> Average days to sell: 10.1 days
> Average price: $99,266
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Source: Tramino / iStock Unreleased via Getty Images
6. Toyota Highlander Hybrid
> Average days to sell: 10.1 days
> Average price: $47,631
Source: ollo / iStock Unreleased via Getty Images
5. Toyota RAV4
> Average days to sell: 9.8 days
> Average price: $31,673
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4. Toyota Sienna
> Average days to sell: 9.6 days
> Average price: $43,331
Source: YuriyVlasenko / iStock Editorial via Getty Images
3. Subaru Forester
> Average days to sell: 9.5 days
> Average price: $32,778
2. Chevrolet Corvette
> Average days to sell: 8.6 days
> Average price: $92,366
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1. Subaru Crosstrek
> Average days to sell: 7.8 days
> Average price: $29,230
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