Car Bargains: 10 Slowest Selling Cars on the Market
In a marketplace where speed is often celebrated, there exists a cohort of automobiles that seem to defy the rush of consumer demand. These are the unsung heroes of the automotive world, the cars that navigate the sales landscape at a leisurely pace, their presence on dealership lots enduring longer than expected.
As we peel back the layers of the industry, we uncover the 10 slowest selling cars on the market, according to data from CarEdge for April 2024, each with its own tale of persistence in the face of fleeting trends and ever-evolving consumer preferences.
BMW X2
Average Selling Price: $39,836
Market Day Supply: 772
Total For Sale: 721
Despite its sleek design and BMW pedigree, the X2 finds itself lingering on dealership lots longer than anticipated. With an average selling price of $39,836, it offers a blend of luxury and performance that should appeal to a wide range of buyers. However, its market day supply of 772 days and a total of 721 units for sale suggest a disconnect between consumer interest and actual sales. Perhaps overshadowed by its siblings in the BMW lineup, the X2 struggles to carve out its niche in a competitive market segment.
Audi SQ8
Average Selling Price: $110,620
Market Day Supply: 521
Total For Sale: 1,609
The Audi SQ8 exudes luxury and performance, boasting a hefty price tag of $110,620. Despite its premium features and high-performance capabilities, the SQ8 faces challenges in finding its footing in the market. With a market day supply of 521 days and a staggering total of 1,609 units for sale, it seems to be languishing on dealership lots longer than anticipated. Whether it’s the fierce competition in the luxury SUV segment or other market factors at play, the SQ8 struggles to captivate buyers and make a significant dent in sales figures.
Dodge Hornet
Average Selling Price: $41,905
Market Day Supply: 443
Total For Sale: 12,820
The Dodge Hornet, with its affordable price tag of $41,905, should theoretically be flying off the shelves. However, reality tells a different story. Despite its competitive pricing and Dodge’s reputation for producing popular vehicles, the Hornet struggles to gain traction in the market. With a market day supply of 443 days and a staggering total of 12,820 units for sale, it seems to be facing challenges in capturing the attention of buyers, possibly due to stiff competition in its segment or other factors impacting consumer preferences.
Ford Mustang Mach-E
Average Selling Price: $54,713
Market Day Supply: 404
Total For Sale: 22,730
As Ford’s foray into the electric vehicle market, the Mustang Mach-E generated significant buzz upon its release. However, its slow sales performance tells a different story. With an average selling price of $54,713, the Mach-E aims to blend the iconic Mustang heritage with modern electric technology. Yet, with a market day supply of 404 days and a whopping total of 22,730 units for sale, it struggles to match the success of its gasoline-powered counterpart. Factors such as range anxiety or competition from established electric vehicles may be contributing to its sluggish sales.
Volvo C40
Average Selling Price: $58,658
Market Day Supply: 385
Total For Sale: 1,643
Volvo is renowned for its commitment to safety and Scandinavian design, qualities that are evident in the C40. Priced at $58,658, this luxury compact SUV should theoretically attract discerning buyers. However, with a market day supply of 385 days and a total of 1,643 units for sale, the C40 struggles to make a significant impact in the market. Despite Volvo’s strong brand reputation, factors such as limited brand recognition in the SUV segment or competition from established luxury brands may be hindering its sales performance.
Jaguar F-Type
Average Selling Price: $100,259
Market Day Supply: 329
Total For Sale: 754
The Jaguar F-Type embodies the epitome of British luxury and performance, boasting a price tag of $100,259. With its sleek design and powerful engine options, one would expect it to be a top contender in the sports car market. However, its slow sales performance suggests otherwise. With a market day supply of 329 days and a total of 754 units for sale, the F-Type struggles to gain momentum in a highly competitive segment. Factors such as evolving consumer preferences towards SUVs or intense competition from other luxury sports car manufacturers may be contributing to its challenges.
Dodge Charger
Average Selling Price: $43,717
Market Day Supply: 326
Total For Sale: 30,448
The Dodge Charger, with its iconic design and muscular performance, has long been a staple in the American automotive landscape. Priced at $43,717, it aims to appeal to enthusiasts seeking both power and practicality. However, its slow sales performance raises eyebrows. With a market day supply of 326 days and an astonishing total of 30,448 units for sale, the Charger faces hurdles in maintaining its dominance in the market. Factors such as shifting consumer preferences towards SUVs or competition from other American muscle cars may be impacting its sales figures.
Jeep Grand Wagoneer
Average Selling Price: $101,667
Market Day Supply: 323
Total For Sale: 3,501
The revival of the iconic Jeep Grand Wagoneer was met with much anticipation, but its sales performance tells a different story. Priced at $101,667, this luxury SUV aims to blend off-road capability with premium features. However, with a market day supply of 323 days and a total of 3,501 units for sale, it struggles to gain momentum in the market. Perhaps overshadowed by its competitors or facing challenges in establishing its identity in the luxury SUV segment, the Grand Wagoneer finds itself navigating rough terrain in the sales landscape.
Ram Ram 2500
Average Selling Price: $65,435
Market Day Supply: 323
Total For Sale: 1,525
The Ram 2500 is a powerhouse in the pickup truck segment, known for its robust performance and durability. Priced at $65,435, it aims to attract buyers seeking uncompromising capability. However, its slow sales performance suggests that it faces challenges in a highly competitive market. With a market day supply of 323 days and a total of 1,525 units for sale, the Ram 2500 struggles to stand out amidst fierce competition from other truck manufacturers. Factors such as shifting consumer preferences towards smaller trucks or economic uncertainties may be impacting its sales figures.
Chrysler 300
Average Selling Price: $42,948
Market Day Supply: 296
Total For Sale: 4,631
The Chrysler 300, with its bold design and spacious interior, aims to offer a blend of style and comfort in the sedan segment. Priced at $42,948, it appeals to buyers seeking a luxurious yet practical vehicle. However, its slow sales performance suggests challenges in gaining traction in the market. With a market day supply of 296 days and a total of 4,631 units for sale, the Chrysler 300 faces stiff competition from other sedans and SUVs. Factors such as changing consumer preferences or brand perception may be impacting its sales figures.