The Chevrolet Corvette is the fastest-selling new vehicle in the United States for the third consecutive month and is joined by a number of other fast-selling vehicles from General Motors.
iSeeCars recently conducted an analysis of the top 20 fastest-selling new cars in the U.S. and found that on average, a new car takes 47.4 days to sell while the average used car takes 39.4 days to sell.
As mentioned, the Chevrolet Corvette was the fastest-selling model, taking an average of just 9.4 days to sell at an average price of $82,457. Following the ‘Vette as the second-fastest selling new vehicle in March was the Toyota RAV4 Prime taking an average of 10.2 days to sell. In third was the Kia Telluride (14.1 days), followed by the GMC Yukon XL (14.3 days), Cadillac Escalade ESV (15.2 days), Cadillac Escalade (15.6 days), Hyundai Elantra Hybrid (16.1 days), Toyota Tacoma (16.3 days), GMC Yukon (17.5 days), and the Lexus IS 350 at 17.5 days.
“March was a strong month for auto sales as consumers received their government stimulus checks and are likely looking to purchase vehicles ahead of anticipated inventory constraints from computer chip shortages,” iSeeCars executive analyst Karl Brauer said of the results. “While the demand for large SUVs and luxury vehicles has continued for the third consecutive month, many alternative fuel vehicles debuted on the list as gas prices continue to rise.”
As for the fastest-selling used cars, that list was topped out by the Kia Telluride that takes an average of 25.9 days to sell. Others in the top 10 included the Mazda MX-5 Miata (26.5 days), Hyundai Palisade (28.5 days), Chevrolet Corvette (29.6 days), Kia Stinger (29.6 days), BMW 4-Series (29.7 days), Tesla Model 3 (29.8 days), Porsche 911 (29.9 days), Range Rover Velar (30.2 days), and the Honda Civic Hatchback (30.2 days).