Study finds midsized SUVs to be the fastest selling models

Article by Christian A., on December 21, 2010

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.

Topics: suv, sales, survey

If you liked the article, share on:

Comments

Recommended

If you’re selling some of the most expensive and most exclusive cars in the world, perhaps it would be a great idea to commission an ultra-rare work from the same...
by - May 24, 2017
Ford Motor Co. now has a new man on the top, and he goes by the name of Jim Hackett. Effective May 22, 2017, Hackett is named the new president...
by - May 24, 2017
Skoda recently launched the new Karoq compact SUV as a replacement model to its now-defunct Yeti small crossover. Slotted below the newly introduced Skoda Kodiaq, the new Karoq features a...
by - May 23, 2017
There are already rumors suggesting that the next generation BMW 5-Series GT is expected to be joining the 6-Series range. The latest reports instead tell us that that 3-Series GT...
by - May 23, 2017
In 2004, the British marque Rolls-Royce officially entered South Korea with the opening of their showroom located in Seoul before opening their second showroom last September in Busan. Now RR...
by - May 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries