New Car Inventory in 2024: Winners and Losers in November

Key Takeaways

  • Stellantis, GM, and Ford have above-average inventory in November 2024.
  • Toyota, Honda, and Subaru have the tightest supply of new cars.
  • Local car supply data is available for the best negotiation leverage.

After nearly two years of record low inventory, automakers are finally bringing more cars to the U.S. market. New car inventory is rising as we enter November 2024. Inventory exceeds historical norms, following a few years of shortages. This is GREAT news for new car buyers on the hunt for a deal.

Here are important definitions that will help you understand and interpret the data:

  • Market Day supply: This is the number of days needed to sell all vehicles in inventory, based on the previous month’s daily selling rate. Learn more about MDS.
  • Inventory: This is the unit count of vehicles on hand at dealerships, factory lots, ports of entry, and in transit.

All data is sourced from CarEdge Insights, which is open to all.

Let’s dive in!

Cars with the Most and Least Inventory in November

cars with the most inventory November 2024

Finally, after years of volatility, new car inventories are climbing above historical norms. We wouldn’t quite call it a buyers market since the average selling price remains well above what anyone would call affordable.

As we can see below, Stellantis brands have the most inventory, followed by GM and Ford among the mainstream automakers. Toyota and Honda have the least inventory, and as a result, the least negotiable prices.

BrandBrand Days of Supply (MDS)Total New InventoryTrend (MDS)
Total New Market1013,399,963Higher
Acura9228,568Higher
Alfa Romeo2323,680Higher
Audi12050,585Higher
BMW8960,198Lower
Buick11450,134Higher
Cadillac11747,126Steady
Chevrolet100374,838Higher
Chrysler10512,190Lower
Dodge15934,512Lower
Ford152556,802Higher
GMC106151,528Steady
Genesis14424,028Higher
Honda69210,050Higher
Hyundai120210,453Higher
Infiniti11515,323Higher
Jaguar1953,023Higher
Jeep144178,239Lower
Kia90123,693Higher
Land Rover10521,819Higher
Lexus4736,611Higher
Lincoln18645,695Higher
Mazda126111,526Higher
Mercedes-Benz12598,580Higher
Mini18313,092Lower
Mitsubishi11919,428Steady
Nissan143204,060Higher
Porsche10815,694Higher
Ram179140,176Lower
Subaru90127,133Higher
Toyota41241,602Steady
Volkswagen11688,088Higher
Volvo19242,432Higher
 

New Car Inventory By Make in November

To provide car buyers with additional insights, we’ve pulled the latest inventory data for the best-selling cars in America for top brands. Looking for local data? Check out CarEdge Insights.

Ford Inventory Levels

MakeModelDay SupplyTotal For Sale
FordF-150140124,159
FordExplorer11239,847
FordEscape18454,184
FordBronco Sport17447,925
FordEdge12113,911

See Ford listings near you with local market data

Chevrolet Inventory Levels

MakeModelDay SupplyTotal For Sale
ChevroletSilverado 150011690,690
ChevroletEquinox10346,273
ChevroletTraverse4210,560
ChevroletTrailblazer7711,186

See Chevrolet listings near you with local market data

Toyota Inventory Levels

MakeModelDay SupplyTotal For Sale
ToyotaRAV43042,039
ToyotaCamry3234,216
ToyotaCorolla3120,462
ToyotaHighlander163,486

See Toyota listings near you with local market data

Honda Inventory Levels

MakeModelDay SupplyTotal For Sale
HondaCR-V5954,974
HondaCivic4416,860
HondaAccord7031,337
HondaPilot6622,145

See Honda listings near you with local market data

Hyundai Inventory Levels

MakeModelDay SupplyTotal For Sale
HyundaiTucson11352,308
HyundaiElantra10031,510
HyundaiSanta Fe15037,697
HyundaiPalisade11826,557

See Hyundai listings near you with local market data

Kia Inventory Levels

MakeModelDay SupplyTotal For Sale
KiaSportage10337,706
KiaEV6794,091
KiaTelluride7219,339
KiaSorento14231,560

See Kia listings near you with local market data

Mazda Inventory Levels

MakeModelDay SupplyTotal For Sale
MazdaCX-510727,062
MazdaCX-3010520,332
MazdaCX-5011920,899
MazdaCX-9016720,689

See Mazda listings near you with local market data

Subaru Inventory Levels

MakeModelDay SupplyTotal For Sale
SubaruOutback7927,924
SubaruCrosstrek8135,335
SubaruForester10033,593
SubaruAscent788,973

See Subaru listings near you with local market data

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Last updated Oct 31, 2024

2 Comments

  1. Gerald mason

    Hey, I just thought of something you might want to share. I’m tentatively waiting on a new Lexus that “should” arrive mid February. My credit union has great rates now on auto loans. It dawned on me to call them and see if I go ahead and get approved on the amount I may need to borrow, will that lock in this rate and if so, for how long? I’m worried that rates could go up a little soon. They answered that my approval would be good for 60 days at the stated rate at approval.
    SO….. I’m going to go ahead and apply for the loan now to lock in this current rate while waiting for my car to arrive. This might be worth passing along .

    Reply
  2. Curtis

    Do you plan on updating the February numbers? I really enjoyed this info and would love to see you continue to update the numbers monthly if possible?

    Reply

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