In the U.S., SUVs and trucks sell in 45 days or less, about 2 days faster than the passenger cars, according to a study by vehicle price specialist TrueCar. This study proves what we’ve known all along: that Americans love big cars.
The data gathered by TrueCar indicate that the fastest selling models are the midsized SUVs, which are sold in only about 38 days since they arrived in the dealerships' parking lots. Meanwhile, large cars can take up to 68 days to sell.
Vans are the slowest to sell as they can spend up to 120 days in the inventory before being sold. Jesse Toprak, TrueCar Industry Trends and Insights vice president, said that sales are higher in December for trucks and SUVs due to snowy and icy conditions.
Toprak said that customers should expect that at this time of the year, finding the specific SUV or truck that they prefer would be harder.
TrueCar also determined that the fastest moving vehicle in December is the Hyundai Elantra, which spends only 4 days on the dealerships' lot. The number two spot goes to the BMW 535i xDrive, Nissan JUKE, Lexus LS 460 and Mitsubishi Outlander -- each of them spending 10 days on the inventory before finding a new owner.