10 New Cars That Are Struggling to Leave the Dealership Lot
Cars don’t make money just sitting on the lot, so car dealers often offer price cuts and other incentives to move slow-selling cars and make room for new inventory. In 2024, Stellantis-made cars have been the hardest to sell, according to CarEdge. This could mean potential deals on these vehicles, though they might still be pricey.
A key metric for car dealers is market day supply (MDS), which CarEdge defines as the number of days it would take to sell all units of a particular model at the current sales rate, assuming no new inventory is added. A high MDS indicates an oversupply, giving buyers more negotiating power, while a low MDS suggests a seller’s market, making negotiations tougher.
CarEdge recently used its data to identify which new cars had the most and least inventory in February, revealing some surprising results. Inventory ranged from just two weeks to nearly two years, with several models having over a year’s supply on dealer lots.
Here are the 10 slowest-selling models right now, according to CarEdge. Keep in mind that while you might be able to negotiate deals on these cars, their average transaction price is still high at $70,277, much more than the average price for all new vehicles in January 2024, which was $47,401 according to Cox Automotive’s Kelley Blue Book. Only three of the 10 cars listed below have an average transaction price below the January average.
– Dodge Hornet: $41,114, 480 days
– Dodge Charger: $44,375, 477 days
– Ford Mustang Mach-E: $55,094, 362 days
– Dodge Challenger: $52,553, 360 days
– Chrysler 300: $43,214, 346 days
– Ram 3500: $79,378, 342 days
– Audi e-tron GT: $117,057, 327 days
– Ram 2500: $70,129, 318 days
– Jaguar F-Type: $100,134, 315 days
– Maserati Levante: $99,721, 301 days