This Is the Fastest-Selling Car in America

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By Douglas A. McIntyre Published
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This Is the Fastest-Selling Car in America

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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.
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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.
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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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