This page is updated monthly with the latest new car inventory data.
Navigating the current car market can be a daunting task, with its varying inventory levels and volatile prices. In this context, knowledge truly is power. A critical piece of this knowledge is understanding the Market Day Supply (MDS). This is a measure of the number of days it would take to sell all of a particular model of car, based on the current sales rate, assuming no additional inventory is added. A high MDS suggests an oversupply, potentially giving buyers leverage for negotiation, while a low MDS might indicate a seller’s market, where negotiating could prove tougher.
Using CarEdge Data, we identified which new cars have the most and least inventory available in September. What we found was shocking. In today’s new car market, inventory ranges from just a week’s supply, to a staggering 403-day supply.
Inventory influences negotiability. When there’s a glut of cars, dealers will be more inclined to negotiate with you. Slim pickings? Not so much. This valuable insight can give you an edge in your car buying journey, helping you save money and avoid the hassle.
The Top 10 in September 2023: New Cars With the Highest Inventory
When we analyzed new car inventory, we found a significant presence of American brands in the top 10. The reason? Oversupply, mainly driven by overpriced trucks and SUVs. It seems American automakers have been flooding the market with these models, leading to an inflated Market Day Supply.
It’s no coincidence that the average transaction price of the slowest-selling cars is double that of the fastest-selling cars. OEMs continue to push $70,000 SUVs and $100,000 trucks on the masses, no matter how few consumers can actually afford them.
These are the new cars, trucks and SUVs with the most inventory right now. The average transaction price of these ten slowest-selling models is $80,541. That’s over $30,000 higher than the overall market average!
| Make | Model | Market Day Supply | Average Transaction Price | Total For Sale | Total Sold (45 Days) |
|---|---|---|---|---|---|
| Lincoln | Aviator | 495 | $68,269 | 5,645 | 513 |
| Chrysler | Pacifica Hybrid | 373 | $56,181 | 7,752 | 936 |
| Jeep | Grand Wagoneer | 334 | $104,821 | 3,939 | 530 |
| Jeep | Gladiator | 330 | $54,155 | 24,577 | 3,353 |
| Mercedes-Benz | SL Class | 307 | $151,522 | 567 | 83 |
| Ram | Ram 2500 | 293 | $88,679 | 20,060 | 3,076 |
| Jeep | Renegade | 279 | $31,343 | 11,191 | 1,802 |
| Maserati | Grecale | 262 | $80,769 | 2,436 | 419 |
| Ram | Ram 1500 Classic | 248 | $42,706 | 5,243 | 948 |
| Mercedes-Benz | EQS | 242 | $123,179 | 5,024 | 934 |
In September, the Lincoln Aviator has taken the lead with well over a one-year supply on the market today. For four months in a row, the Jeep Renegade has been on this list.
Lincoln aside, Stellantis brands still dominate this list. The Chrysler Pacifica Hybrid (373 MDS) comes in at #2. In 2021, vans like the Pacifica were hot commodities. Now, there are too many of them on the market.
Three Jeep models and two Ram trucks are high on this list, and should be very negotiable. However, Jeep and Ram dealers are notorious for resisting negotiation, despite the massive oversupply.
Overall, Stellantis takes 6 of the top 10 spots for new cars with the most inventory today. There’s BIG potential for deals on these cars, but only with negotiation know-how.
The Bottom 10 in September 2023: New Cars With the Lowest Inventory
On the other side of the coin, Asian automakers have the lowest inventory. They were hit hard by the chip shortage of 2021-2022, and as of 2023, they’re still working through supply chain issues that are keeping inventory far below normal. Interestingly, these automakers discovered that profit margins remained high (and even increased) despite record low inventory, hinting at a possible shift in their business model. Inventory may never return to pre-pandemic levels for some of these brands.
If you’re shopping for any of these new cars in 2023, you’ll be up against stiff competition and in many cases, greedy dealers.
These are the fastest-selling new cars, trucks and SUVs today. Among these models, the average transaction price is $40,733, roughly half that of the slowest selling models.
| Make | Model | Market Day Supply | Average Transaction Price | Total For Sale | Total Sold (45 Days) |
|---|---|---|---|---|---|
| Toyota | Camry | 6 | $32,445 | 2,556 | 20,353 |
| Honda | Civic | 9 | $27,151 | 2,680 | 13,126 |
| Honda | CR-V | 11 | $35,902 | 2,278 | 9,133 |
| Toyota | Sequoia | 13 | $80,040 | 975 | 3,374 |
| BMW | i4 | 13 | $62,757 | 735 | 2,507 |
| Mazda | CX-50 | 14 | $37,258 | 855 | 2,697 |
| Honda | Odyssey | 15 | $45,154 | 2,249 | 6,704 |
| Kia | K5 | 16 | $31,039 | 950 | 3,500 |
| Kia | Rio | 16 | $19,433 | 1,021 | 2,857 |
| Hyundai | Tucson | 16 | $34,777 | 3,524 | 9,991 |
At the very bottom of the list, the popular Honda Civic and Toyota Camry both have a market day supply (MDS) under 10 days. This means that their current inventory could theoretically be sold out in a little over a week given the recent sales pace. The Honda CR-V and Toyota Sequoia aren’t far behind, with an MDS of 11 and 13 respectively.
There are no Subaru models on this list for the first time in a while. That’s great news for those hoping to negotiate a deal on a Subaru.
Historical Data
August 2023: Highest Inventory
| Make | Model | Market Day Supply | Total For Sale | Total Sold (45 Days) |
|---|---|---|---|---|
| Lincoln | Aviator | 403 | 4,771 | 533 |
| Jeep | Renegade | 393 | 11,550 | 1,322 |
| Jeep | Cherokee | 364 | 4,606 | 570 |
| Ram | Ram 2500 | 354 | 23,910 | 3,042 |
| Chrysler | Pacifica Hybrid | 344 | 7,235 | 947 |
| Jeep | Grand Wagoneer | 331 | 3,771 | 513 |
| Jeep | Gladiator | 291 | 21,743 | 3,360 |
| Ram | Ram 1500 Classic | 247 | 5,051 | 920 |
| Mitsubishi | Outlander PHEV | 241 | 1,679 | 313 |
| Maserati | Grecale | 234 | 2,171 | 417 |
August 2023: Lowest Inventory
| Make | Model | Market Day Supply | Total For Sale | Total Sold (45 Days) |
|---|---|---|---|---|
| Honda | HR-V | 9 | 901 | 4,652 |
| Honda | CR-V | 9 | 6,482 | 33,476 |
| Kia | Telluride | 10 | 1,268 | 5,466 |
| Kia | K5 | 11 | 820 | 3,338 |
| Toyota | Camry | 12 | 11,778 | 42,838 |
| Subaru | Outback | 15 | 1,097 | 3,200 |
| Lexus | ES Hybrid | 17 | 508 | 1341 |
| Kia | Sportage | 17 | 5,689 | 14,955 |
| Hyundai | Santa Cruz | 17 | 1,283 | 3,331 |
| Toyota | Highlander | 19 | 8,003 | 18,779 |
July 2023: Highest Inventory
| Make | Model | Market Day Supply | Total For Sale | Total Sold (45 Days) |
|---|---|---|---|---|
| Jeep | Renegade | 516 | 12,140 | 1,059 |
| Ram | 2500 | 459 | 25,462 | 2,496 |
| Jeep | Cherokee | 381 | 5,106 | 603 |
| Chrysler | Pacifica Hybrid | 316 | 6,429 | 916 |
| Audi | SQ7 | 306 | 809 | 119 |
| Lincoln | Aviator | 297 | 4,695 | 712 |
| Chevrolet | Silverado 4500 | 291 | 2,725 | 422 |
| Jeep | Grand Wagoneer | 285 | 3,323 | 525 |
| Jeep | Gladiator | 268 | 20,730 | 3,486 |
| Ram | 1500 Classic | 268 | 4,959 | 832 |
July 2023: Lowest Inventory
| Make | Model | Market Day Supply | Total For Sale | Total Sold (45 Days) |
|---|---|---|---|---|
| Subaru | Outback | 9 | 2,193 | 10,650 |
| Honda | HR-V | 10 | 2,051 | 9,138 |
| Kia | Telluride | 12 | 2,930 | 11,098 |
| Toyota | Highlander | 14 | 9,250 | 29,943 |
| Kia | K5 | 14 | 1,930 | 5,990 |
| Chevrolet | Corvette | 14 | 1,023 | 3,390 |
| Acura | Integra | 16 | 683 | 1,956 |
| Honda | CR-V | 17 | 18,487 | 41,478 |
| Ford | Maverick | 20 | 2,769 | 6,184 |
| Toyota | Corolla | 22 | 10,937 | 22,502 |
June 2023: Highest Inventory
| Make | Model | Market Day Supply | Total For Sale | Total Sold (45 Days) |
|---|---|---|---|---|
| Jeep | Renegade | 753 | 7,630 | 456 |
| Chevrolet | Silverado 4500 Medium Duty Chassis Cab | 443 | 1,171 | 119 |
| Lincoln | Corsair | 423 | 2,530 | 269 |
| RAM | Ram 2500 Pickup | 403 | 19,710 | 2,201 |
| Jeep | Cherokee | 391 | 6,116 | 703 |
| Chrysler | Pacifica Hybrid | 355 | 5,243 | 664 |
| Jeep | Compass | 352 | 35,590 | 4,552 |
| RAM | Ram 1500 Classic | 328 | 4,340 | 596 |
| Jeep | Gladiator | 283 | 19,584 | 3,113 |
June 2023: Lowest Inventory
| Make | Model | Market Day Supply | Total For Sale | Total Sold (45 Days) |
|---|---|---|---|---|
| KIA | Seltos | 9 | 1036 | 5262 |
| Lexus | NX | 9 | 594 | 2924 |
| KIA | Carnival | 13 | 925 | 3191 |
| BMW | X5 | 14 | 854 | 2689 |
| Subaru | Impreza | 15 | 1418 | 4145 |
| BMW | 4 Series | 17 | 610 | 1620 |
| KIA | Rio | 17 | 1,189 | 3093 |
| KIA | Forte | 19 | 4,841 | 11647 |
| Mercedes-Benz | GLE | 19 | 1479 | 3440 |
Save More With Free Car Buying Tools
To wrap things up, we’d like to share a powerful, 100% free resource: the Car Buying Cheat Sheet. This reader-favorite can give you an extra boost in your quest for the perfect car at the perfect price. For an even deeper dive into pricing insights, download your first CarEdge Report today. This comprehensive report breaks down the most important numbers in an easy-to-understand format, setting you up for success at the negotiating table.
Finally, if you’re looking for personalized guidance and expertise, CarEdge Coach is your key to savings. Our experienced car buyers can provide personalized advice and help you negotiate thousands off your next car. Don’t go into the car buying process alone; let CarEdge guide you every step of the way. You’ll be glad you did.
How can I access this list directly? Only showing me the top and bottom 10 is not very helpful to me. I would like to see how the other hundred models stack out which will include models I am actually interested in purchasing.
Stan, thanks for reading and commenting. You can view this data on the Data Explorer for free: https://my.caredge.com/data-explorer You can also see it on a per vehicle basis with a CarEdge Data subscription on the car search: https://caredge.com/plans/data
My husband has been talking to a salesman at Todd Wenzel. And asked for his best out the door price, for a 2023 Denali 1500 sierra. The price is 76,380, less 7,045 Gm employees discount. The salesman gave a price of 69,634.38, included 270.00 doc fees and 30.00 temporary license. My question is was that a good deal or not
I want a V-6 (non turbo-charged) or a V-8 (naturally aspirated) fuel engine. There are some 2022 SUV models that fit this category, but most have no style. My focal interest is for a mid-size SUV. Any suggestions? I have been browsing for months with no luck.
Cherry and I just spent the afternoon buying a car, and it turned out to be a long, fruitless endeavor.
We found a car (Chevy Bolt) within our budget with many of the features we wanted, agreed on a price (about $32,000) at Chevrolet of Fayettville. We produced our driver’s licenses and our proof of insurance and signed the first round of papers with the salesman. After a very long process of gathering information and signing papers, we began the next phase that involved signing many of the same agreements and the whole process came to a complete stop when I was required to sign a paper giving up my right to sue the dealership in a court of law, and instead to bring any disagreement to an arbitrator.
I wouldn’t sign that paper. As far as I can see, that paper just means that I trust our justice system to make fair decisions and the dealership trusts a private arbitration system, but not the court system.
That’s a pretty serious problem, and shame on Chevrolet of Fayettville for distrusting our system of justice and coercing us to give up our right to sue in a court of law. They refused to sell me a car without signing that paper and they claimed that all other dealerships would require the same agreement. I don’t believe for a moment that there is no other dealer anywhere that would trust our justice system enough to sell me a car without signing that agreement. Chevrolet of Fayettville chose not to sell me the car.
So they stood their ground and I stood mine — no deal! Of course, they have their rights and I have mine, but I hope I’m not the only person who will adhere to principle and refuse to sign away my rights for the privilege of over-paying for a car. Think about what this means before you sign a paper like that. I hope you’ll come to the same decision and DON’T SIGN!