In October these cars, trucks sold the fastest in Seattle

November 20, 2021 admin 0 Comments in october, in october promo

According to a new report, sale speeds for new and used cars slowed in October, but not because the microchip shortage is ending.

iSeeCars.com, an automotive research firm, examined more than 250,000 sales of new and used vehicles across the country in October. The study found that both new and used cars were selling more than a week slower than in September. iSeeCars Executive Analyst Karl Brauer attributes the slowdown to increased inventory and price increases.

“The need for new and used cars has slowed in October, which is likely the consequence of increased inventory over September and because elevated car prices may have deterred consumers from buying a car until prices stabilize,” said Brauer. “Production halts and restricted inventory continue to beset the auto industry, but we did see an incremental improvement this past month.”

In September, new cars were selling in an average of 24.6 days while used models were leaving lots after an average of 32.8 days. In October, sales slowed, with new vehicles taking 31.7 days to sell and used cars taking 44.7 days.

Nationally, the fastest-selling new car in October was the Kia Seltos which took the top identify on the list for the first time after being ranked 11th in September. The Seltos was found to be selling in an average of 7.7 days.

The Honda Insight was the fastest-selling used car in the U.S. in October, selling in an average of 20.5 days.

Other new vehicles that were selling quickly across the country in October were the Toyota Highlander Hybrid (7.9 days), the Honda CR-V (9 days), and the Toyota Sienna (9.4 days).

The Kia Telluride, which has taken a high identify on the list several times, was ranked the fifth fastest-selling means in October. “need for the often marked up Kia Telluride has outpaced supply since its 2019 set afloat, and its average new car price of $46,374 exceeds its MSRP of $32,190 to $44,590,” said Brauer.

In Seattle, new models were selling in an average of 27.4 days in October, while used vehicles were selling in an average of 59.4 days.

Keep scrolling to see which new and used vehicles were selling the fastest in Seattle in October.