The 10 Slowest Selling Used Vehicles
Automotive research and sales website iSeeCars.com recently analyzed its own data from over 4 million used vehicle sales that occurred between January 2018 to July 2018.
The company recorded the average time each model spent listed for sale on its website and removed outliers or data it felt was not accurate to within two days. The resulting study has provided insights into the fastest and slowest-selling late model used vehicles and revealed what vehicle types are the most desired by budget-minded consumers today.
SEE ALSO: Top 10 Cars Owners Keep for 15 Years or More
Many of the slowest-selling used vehicles today are luxury cars and sedans. Luxury cars typically have a tougher time finding second-hand buyers, as many used vehicle shoppers want to avoid costly repair bills. Sedans, meanwhile, are waning in popularity in both the used and new vehicle marketplaces. A surprising number of crossovers are among the slowest selling used vehicles as well, although that’s likely because there are an abundance of them for sale right now.
“Cars that remain on market for longer than average indicate that supply is higher than demand, which could mean the pricing is too high or that the car isn’t as well-liked as its competitors,” said iSeeCars.com’s CEO Phong Ly.
Below are the 10 slowest selling late model used vehicles today.
10. Lincoln MKX
The Lincoln MKX spent an average of 62.2 days on dealer lots, 15.6 days longer than the industry average of 46.4.
9. Ford Taurus
The Ford Taurus spent an average of 62.6 days on dealer lots, 16 days longer than the industry average.
8. Mazda CX-9
The Mazda CX-9 spent an average of 62.9 days on dealer lots, 16.3 days longer than the industry average.
7. Cadillac XT5
The Cadillac XT5 spent an average of 64.2 days on dealer lots, 17.6 days longer than the industry average.
6. Ford Flex
The Ford Flex spent an average of 64.3 days on dealer lots, 17.7 days longer than the industry average.
5. Land Rover Discovery Sport
The Land Rover Discovery Sport spent an average of 66.1 days on dealer lots, 19.5 days longer than the industry average.
4. Porsche 911
The Porsche 911 spent an average of 67.5 days on dealer lots, 20.9 days longer than the industry average.
3. Buick Lacrosse
The Buick Lacrosse spent an average of 67.5 days on dealer lots, 20.9 days longer than the industry average.
2. Buick Regal
The Buick Regal spent an average of 67.6 days on dealer lots, 21 days longer than the industry average.
1. Porsche Cayenne
The Porsche Cayenne spent an average of 67.8 days on dealer lots, 21.2 days longer than the industry average.
Sam McEachern holds a diploma in journalism from St. Clair College in Windsor, Ontario, and has been covering the automotive industry for over 5 years. He conducts reviews and writes AutoGuide's news content. He's a die-hard motorsports fan with a passion for performance cars of all sorts.
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