This analysis shows the new and used cars in highest demand.
The global chip shortage continues to affect inventories.
On average, last month, a new car required 31.7 days to sell.
These numbers are always quite interesting. Perhaps the most telling is the overall average number of days required to sell both new and used vehicles. In October 2021, the average new car took 31.7 days to sell while the average used car needed 44.7 days to sell. These numbers are up 7.1 and 11.9 respectively compared to September 2021.
Among the new fastest-selling vehicles, all ten members of the top 10 are utility vehicles. In fact, with the exception of the Toyota Sienna, all nine others are SUVs or crossovers. If this isn’t a sign that SUVs are the way to go for all manufacturers… None of the above are EVs, as a side note.
Interestingly and in stark contrast, according to the iSeeCars analysis, seven out of the top 10 fastest-selling used vehicles are cars. The exceptions are the Mitsubishi Eclipse Cross (in 4th) and the Outlander (10th), and the Honda HR-V in 5th.
Here top 10 fastest-selling new and used cars in October:
Fastest-Selling New and Used Cars in October 2021 | ||||
New Cars | Used Cars | |||
Rank | New Car | Days to Sell | Used Car | Days to Sell |
1 | Kia Seltos | 7.7 | Honda Insight | 20.5 |
2 | Toyota Highlander Hybrid | 7.9 | Toyota Prius Prime | 21.2 |
3 | Honda CR-V | 9.0 | Tesla Model 3 | 21.5 |
4 | Toyota Sienna | 9.4 | Mitsubishi Eclipse Cross | 23.2 |
5 | Kia Telluride | 9.8 | Honda HR-V | 23.3 |
6 | Mercedes-Benz GLS | 9.9 | Honda Clarity Plug-In Hybrid | 23.9 |
7 | Honda CR-V Hybrid | 10.6 | Toyota Prius | 24.8 |
8 | Jeep Wrangler Unlimited | 10.8 | Porsche 718 Cayman | 25.4 |
9 | Toyota RAV4 Hybrid | 11.4 | Mercedes-Benz A-Class | 25.6 |
10 | Subaru Crosstrek | 11.5 | Mitsubishi Outlander | 26.4 |
New Car Average | 31.7 | Used Car Average | 44.7 |