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The 10 Slowest Selling New Cars, How To Easily Outwit Dealers On One Of These Models Now

Find out which new cars are slowest-selling and why now is the best time for you to negotiate the best deal with a new car dealer. Don't leave money on the table. 

New model shoppers should now be aware of ten new cars to save significant money off the manufacturer's suggested retail price (MSRP). In a recent report, iSeeCars says, "All of the slowest-selling used cars take 90 or more days to sell, with the top-ranked Jeep Cherokee taking more than three times the 54-day average, at 169.7 days."

What Does It Mean For New Car Shoppers?

This means you can get a good deal on one of these models. From what I've seen, there's a perfect storm brewing. I covered a story on Subaru and why it's the best time to buy. 

It's even more true for the top ten slowest-selling models. 

Dealers want to move these models off their lots as inventory rises. Three things are going on now. 

1. I see the inventory of new car dealers increasing. 

2. Demand for new cars is down because of the economy and higher financing rates. 

3. I've seen many retailers ready to make a deal. 

iSeeCars says, "Many of the slowest-selling models have been available for years in their current form and are due for a redesign," said Brauer. "We also see a high number of electric models like the Mercedes-Benz EQS and Ford Mustang Mach-E, which are still relatively new to the market but are not generating the same demand they did when introduced."

Here are the 10 Slowest-Selling New Cars

  1. Jeep Cherokee has 169.7 days on the market and has an average price of $39,096
  2. Mercedes-Benz EQS (sedan) has 129.7 days on the market and has an average price of $125,496
  3. GMC Acadia has 126.0 days on the market and has an average price of $44,766
  4. Hyundai Santa Fe Plug-In Hybrid has 125.4 days on the market and has an average price of $47,492
  5. Lincoln Navigator L has 123.3 days on the market and has an average price of $103,764
  6. Infiniti QX55 has 111.5 days on the market and has an average price of $53,482
  7. Infiniti QX80 has 110.1 days on the market and has an average price of $83,109
  8. Lexus GX 460 has 107.3 days on the market and has an average price of $66,008
  9. Ford Mustang Mach-E 105.6 days on the market and has an average price of $50,989
  10. Mercedes-Benz EQS (SUV) has 105.5 days on the market and has an average price of $128,426

Even though premium or luxury brands have more of the slowest-selling new car list, with Mercedes-Benz, Lincoln, Lexus, and Infiniti making up six of the ten top spots, there's value with the popular Jeep Cherokee, Ford Mustang Mach-E, GMC Acadia, and Hyundai Santa Fe Plug-In Hybrid. 

Value For Mainstream And Luxury Car Buyers

You can buy a new vehicle for under $50,000 and potentially save thousands off the MSRP. Luxury car buyers could have even more savings, as dealers have higher markups on these models. 

And if you are looking for a new electric car, it's even more of a buyer's market as new models fill retailers' lots.  

"Between the gradual drop in new car pricing and consistent slow-down in their sales pace, it's like watching a giant machine slowly wind down," said Karl Brauer, iSeeCars Executive Analyst. "New cars are still more expensive than before Covid, and they're still selling at a reasonable rate, but the pendulum has clearly swung the other direction."

WAIT, Don't Leave Yet. IT'S YOUR TURN

Have you recently purchased a new vehicle and gotten a great deal? If so, what car did you buy, and what was your experience? Click the red Add New Comment link below and let us know.

Thanks for reading, everyone. I hope you enjoyed this ten-slowest-selling new car story. See you tomorrow for my latest report.

I am Denis Flierl, a top Torque News and Subaru reporter since 2012. I’ve invested over 30 years in the automotive industry in a consulting role, working with every major car brand. I am an experienced Rocky Mountain Automotive Press member. You'll find my expert Subaru analysis here. Follow me on my The Dirty Subaru website, Dirty Subaru blog, X SubaruReportAll Subaru, WRXSTI, @DenisFlierlFacebook, and Instagram.

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Comments

Nate (not verified)    April 29, 2024 - 1:05PM

Whenever I see an article like this, I go and check the prices on those cars. All I'm seeing is ludicrously high prices for used Cherokees.
If they really wanted to sell them that badly, they probably should do something about that.