Tuesday, October 4, 2022
News Fastest Selling New And Used Cars Last Month Could Not Be More...

Fastest Selling New And Used Cars Last Month Could Not Be More At Odds

The new and used car markets are still all over the place and consumers are buying


  • New car inventory continued to be low in May driving up used car values.

  • The average time to sell a new car in May was 47.1 days.

  • Believe it or not, the Mercedes-Benz G-Class needed only 9.4 days…


The global microchip shortage’s effects are still quite evident. New car inventories are, for the most part, still quite low. This is sending consumers to used car lots for a nicer newer set of wheels. Combined with the lifting of lockdowns everywhere and the arrival of summer has everyone dreaming of the open road.

Mazda MX-5

New car shoppers are still SUV-hungry as demonstrated by the top 10 fastest-selling new cars in May. For the first time in four months, the Chevrolet Corvette is not tops as it’s been narrowly beaten in the rankings by the Mercedes-Benz G-Class, 9.4 vs. 9.5 days. Considering that the industry average is set at 47.1 days, they are moving fast.

Out of the top 10 new sellers, seven are SUVs, one is a pickup, and the final two are cars. Of the seven brands represented, three are of the premium kind.

iSeeCars’ monthly analysis always includes used car sales and in May, the Mazda MX-5 was quite the mover – we can’t really think of a better pre-owned car for summer. At an average of 19.5 days to sell, it just beat out the Tesla Model 3 (20.2 days) and the Chevrolet Corvette (21.8 days). The overall average currently sits at 34.8 days.

Here are the top 10 sellers in each category:

Fastest-Selling New and Used Cars in May 2021

New Cars

Used Cars

Rank

New Car

Days to Sell

Used Car

Days to Sell

1

Mercedes-Benz G-Class

9.4

Mazda MX-5 Miata

19.5

2

Chevrolet Corvette

9.5

Tesla Model 3

20.2

3

Cadillac Escalade

10.8

Chevrolet Corvette

21.8

4

Hyundai Tucson Hybrid

11.1

Kia Telluride

22.2

5

Kia Telluride

11.6

Honda Insight

22.7

6

Toyota RAV4 Prime

11.9

Toyota Highlander Hybrid

24.4

7

Toyota Tacoma

12.2

Hyundai Palisade

24.6

8

Lexus IS 350

12.7

Honda Civic

24.8

9

Cadillac Escalade ESV

13.5

Mitsubishi Eclipse Cross

25.6

10

Toyota 4Runner

13.7

Honda Odyssey

25.9

New Car Average

47.1

Used Car Average

34.8

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Matt St-Pierre
Trained as an Automotive Technician, Matt has two decades of automotive journalism under his belt. He’s done TV, radio, print and this thing called the internet. He’s an avid collector of many 4-wheeled things, all of them under 1,500 kg, holds a recently expired racing license and is a father of two. Life is beautiful. Send Matt an emai

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