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
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.
Brand | Brand Days of Supply (MDS) | Total New Inventory | Trend (MDS) |
---|---|---|---|
Total New Market | 101 | 3,399,963 | Higher |
Acura | 92 | 28,568 | Higher |
Alfa Romeo | 232 | 3,680 | Higher |
Audi | 120 | 50,585 | Higher |
BMW | 89 | 60,198 | Lower |
Buick | 114 | 50,134 | Higher |
Cadillac | 117 | 47,126 | Steady |
Chevrolet | 100 | 374,838 | Higher |
Chrysler | 105 | 12,190 | Lower |
Dodge | 159 | 34,512 | Lower |
Ford | 152 | 556,802 | Higher |
GMC | 106 | 151,528 | Steady |
Genesis | 144 | 24,028 | Higher |
Honda | 69 | 210,050 | Higher |
Hyundai | 120 | 210,453 | Higher |
Infiniti | 115 | 15,323 | Higher |
Jaguar | 195 | 3,023 | Higher |
Jeep | 144 | 178,239 | Lower |
Kia | 90 | 123,693 | Higher |
Land Rover | 105 | 21,819 | Higher |
Lexus | 47 | 36,611 | Higher |
Lincoln | 186 | 45,695 | Higher |
Mazda | 126 | 111,526 | Higher |
Mercedes-Benz | 125 | 98,580 | Higher |
Mini | 183 | 13,092 | Lower |
Mitsubishi | 119 | 19,428 | Steady |
Nissan | 143 | 204,060 | Higher |
Porsche | 108 | 15,694 | Higher |
Ram | 179 | 140,176 | Lower |
Subaru | 90 | 127,133 | Higher |
Toyota | 41 | 241,602 | Steady |
Volkswagen | 116 | 88,088 | Higher |
Volvo | 192 | 42,432 | Higher |
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
Make | Model | Day Supply | Total For Sale |
---|---|---|---|
Ford | F-150 | 140 | 124,159 |
Ford | Explorer | 112 | 39,847 |
Ford | Escape | 184 | 54,184 |
Ford | Bronco Sport | 174 | 47,925 |
Ford | Edge | 121 | 13,911 |
See Ford listings near you with local market data
Chevrolet Inventory Levels
Make | Model | Day Supply | Total For Sale |
---|---|---|---|
Chevrolet | Silverado 1500 | 116 | 90,690 |
Chevrolet | Equinox | 103 | 46,273 |
Chevrolet | Traverse | 42 | 10,560 |
Chevrolet | Trailblazer | 77 | 11,186 |
See Chevrolet listings near you with local market data
Toyota Inventory Levels
Make | Model | Day Supply | Total For Sale |
---|---|---|---|
Toyota | RAV4 | 30 | 42,039 |
Toyota | Camry | 32 | 34,216 |
Toyota | Corolla | 31 | 20,462 |
Toyota | Highlander | 16 | 3,486 |
See Toyota listings near you with local market data
Honda Inventory Levels
Make | Model | Day Supply | Total For Sale |
---|---|---|---|
Honda | CR-V | 59 | 54,974 |
Honda | Civic | 44 | 16,860 |
Honda | Accord | 70 | 31,337 |
Honda | Pilot | 66 | 22,145 |
See Honda listings near you with local market data
Hyundai Inventory Levels
Make | Model | Day Supply | Total For Sale |
---|---|---|---|
Hyundai | Tucson | 113 | 52,308 |
Hyundai | Elantra | 100 | 31,510 |
Hyundai | Santa Fe | 150 | 37,697 |
Hyundai | Palisade | 118 | 26,557 |
See Hyundai listings near you with local market data
Kia Inventory Levels
Make | Model | Day Supply | Total For Sale |
---|---|---|---|
Kia | Sportage | 103 | 37,706 |
Kia | EV6 | 79 | 4,091 |
Kia | Telluride | 72 | 19,339 |
Kia | Sorento | 142 | 31,560 |
See Kia listings near you with local market data
Mazda Inventory Levels
Make | Model | Day Supply | Total For Sale |
---|---|---|---|
Mazda | CX-5 | 107 | 27,062 |
Mazda | CX-30 | 105 | 20,332 |
Mazda | CX-50 | 119 | 20,899 |
Mazda | CX-90 | 167 | 20,689 |
See Mazda listings near you with local market data
Subaru Inventory Levels
Make | Model | Day Supply | Total For Sale |
---|---|---|---|
Subaru | Outback | 79 | 27,924 |
Subaru | Crosstrek | 81 | 35,335 |
Subaru | Forester | 100 | 33,593 |
Subaru | Ascent | 78 | 8,973 |
See Subaru listings near you with local market data
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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 .
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?