Fastest and Slowest Selling Models
The average number of days it took to sell a new car was 57.8, up from 56 in July.
That's far better than the 82 days it took in August 2009.
Honda's new CR-Z hybrid topped the Fastest Seller list, while the 2010 Mitsubishi Lancer Sportback took a whopping 207 days to sell, making it a good pick for consumers looking for deals on slow-selling models.
Take a look at the following lists to see which cars may be offering the best deals and which ones you'll want to avoid unless you don't mind paying a premium.
Fastest Selling Models August 2010
- 2011 Honda CR-Z: 5 days
- 2011 Chevy Equinox: 6 days
- 2011 Ford Fusion: 6 days
- 2011 GMC Terrain: 6 days
- 2011 Land Rover Range Rover Sport: 7 days
- 2011 Infiniti QX56: 8 days
- 2011 Mercedes-Benz C300: 8 days
- 2011 Toyota Tacoma: 8 days
- 2011 Audi A5 coupe: 9 days
- 2011 Cadillac SRX: 9 days
- 2011 Ford Escape: 9 days
- 2011 VW Jetta SportWagen: 9 days
Slowest Selling Models August 2010
- 2010 Mitsubishi Lancer Sportback: 207 days
- 2010 Scion xD: 189 days
- 2010 Suzuki SX4 Sportback: 188 days
- 2010 Ford Transit Connect: 161 days
- 2010 Mazda RX-8: 152 days
- 2010 Mercury Mariner Hybrid: 145 days
- 2010 Lexus HS 250h: 129 days
- 2010 Mazda MX-5: 117 days
- 2010 Kia Optima: 107 days
- 2010 Acura RL: 106 days
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid