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
20. Toyota Highlander
> Average days to sell: 11.6 days
> Average price: $44,542
[in-text-ad]
19. Toyota 4Runner
> Average days to sell: 11.5 days
> Average price: $46,676
24/7 Wall St.
18. Mercedes-Benz GLS
> Average days to sell: 11.2 days
> Average price: $94,568
17. Toyota Tacoma
> Average days to sell: 11.2 days
> Average price: $38,266
[in-text-ad-2]
16. Kia Carnival
> Average days to sell: 11.1 days
> Average price: $37,639
15. Toyota Corolla Hybrid
> Average days to sell: 11.0 days
> Average price: $25,506
[in-text-ad]
14. Toyota RAV4 Prime
> Average days to sell: 11.0 days
> Average price: $45,038
24/7 Wall St.
13. Lexus RX 450h
> Average days to sell: 10.9 days
> Average price: $59,613
12. Kia Telluride
> Average days to sell: 10.9 days
> Average price: $45,226
[in-text-ad-2]
11. Kia Seltos
> Average days to sell: 10.8 days
> Average price: $26,720
10. Toyota RAV4 Hybrid
> Average days to sell: 10.7 days
> Average price: $36,969
[in-text-ad]
9. Hyundai Tucson Hybrid
> Average days to sell: 10.7 days
> Average price: $33,494
24/7 Wall St.
8. Toyota C-HR
> Average days to sell: 10.2 days
> Average price: $25,410
7. Cadillac Escalade
> Average days to sell: 10.1 days
> Average price: $99,266
[in-text-ad-2]
6. Toyota Highlander Hybrid
> Average days to sell: 10.1 days
> Average price: $47,631
5. Toyota RAV4
> Average days to sell: 9.8 days
> Average price: $31,673
[in-text-ad]
4. Toyota Sienna
> Average days to sell: 9.6 days
> Average price: $43,331
24/7 Wall St.
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
[in-text-ad-2]
1. Subaru Crosstrek
> Average days to sell: 7.8 days
> Average price: $29,230
The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
