New Car Inventory in 2024: Winners and Losers in July

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Last updated Jul 15, 2024

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

👉 Bookmark this page. Each month we update this URL with the latest new car inventory data.

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!

New Cars with the Most and Least Inventory

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 has the least inventory, and as a result, the least negotiable prices.

BrandBrand Days of Supply (MDS)Total New InventoryTrend (MDS)
Industry Average933,166,209Steady
Acura8928,773Lower
Alfa Romeo1965,056Lower
Audi14459,478Higher
BMW9470,133Steady
Buick8535357Steady
Cadillac9439,263Lower
Chevrolet75295,538Lower
Chrysler14017,044Lower
Dodge13749,893Lower
Ford137487,944Higher
GMC87129,547Lower
Genesis15725,385Lower
Honda64186,690Higher
Hyundai104194,263Steady
Infiniti12714,511Lower
Jaguar1833,780Lower
Jeep169216,439Lower
Kia77129,903Higher
Land Rover9516,625Higher
Lexus4745,797Lower
Lincoln19047,565Higher
Mazda127121,521Lower
Mercedes-Benz15688,627Higher
Mini1348,284Higher
Mitsubishi13020,580Lower
Nissan125198,330Lower
Porsche9715,306Higher
Ram214157,945Lower
Subaru7199,534Lower
Toyota38234,983Lower
Volkswagen10684,921Steady
Volvo15033,307Higher
 

New Car Inventory By Make/Brand

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-150135105,559
FordExplorer13138,750
FordEscape15438,249
FordBronco Sport15945,251
FordEdge18125,472

See Ford listings near you with local market data

Chevrolet Inventory Levels

MakeModelDay SupplyTotal For Sale
ChevroletSilverado 15009181,660
ChevroletEquinox6421,725
ChevroletTraverse257,294
ChevroletTrailblazer3166,179

See Chevrolet listings near you with local market data

Toyota Inventory Levels

MakeModelDay SupplyTotal For Sale
ToyotaRAV42929,384
ToyotaCamry2622,038
ToyotaCorolla3519,637
ToyotaHighlander206,296

See Toyota listings near you with local market data

Honda Inventory Levels

MakeModelDay SupplyTotal For Sale
HondaCR-V5546,515
HondaCivic3714,445
HondaAccord9130,018
HondaPilot6520,399

See Honda listings near you with local market data

Hyundai Inventory Levels

MakeModelDay SupplyTotal For Sale
HyundaiTucson11923,151
HyundaiElantra11339,630
HyundaiSanta Fe9224,511
HyundaiPalisade8718,964

See Hyundai listings near you with local market data

Kia Inventory Levels

MakeModelDay SupplyTotal For Sale
KiaSportage8828,702
KiaForte7018,191
KiaTelluride6916,130
KiaSorento11921,456

See Kia listings near you with local market data

Mazda Inventory Levels

MakeModelDay SupplyTotal For Sale
MazdaCX-510429,694
MazdaCX-3015026,479
MazdaCX-5010521,092
MazdaCX-9017719,743

See Mazda listings near you with local market data

Subaru Inventory Levels

MakeModelDay SupplyTotal For Sale
SubaruOutback7730,975
SubaruCrosstrek8231,734
SubaruForester6919,036
SubaruAscent808,752

See Subaru listings near you with local market data

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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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