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).
MDS 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 Insights, we identified which new cars have the most and least inventory available in April of 2024. What we found was shocking. In today’s new car market, inventory ranges from just two weeks of supply, to a nearly two-year supply. Several models have over one year of supply on dealer lots.
Why does inventory matter to car buyers?
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 April 2024: New Cars With the Highest Inventory
In April, Nissan and luxury car brands are joining Stellantis in this list of slowest selling new cars. We’ve said it before, and we’ll say it again: Stellantis appears to be in serious trouble. CDJR brands just can’t seem to sell cars like they used to. Stellantis has led the list of slowest-selling cars for months on end. The Dodge Hornet comes out on top this month, with two years of supply and 14,000 unsold cars.
However, it’s noteworthy that Genesis, Audi, Volvo, and Maserati have all earned a spot in the bottom 10. The average selling price of the ten slowest selling cars is $62,215. This is $3,000 less than last month’s slowest selling cars.
| Make | Model | Market Day Supply | Average Selling Price | Total For Sale | Total Sold (45 Days) |
|---|---|---|---|---|---|
| Dodge | Hornet | 646 | $42,093 | 14,994 | 1,045 |
| Fiat | 500X | 558 | $29,786 | 560 | 46 |
| Volvo | C40 | 429 | $58,665 | 1,572 | 165 |
| Ford | Ranger | 422 | $45,059 | 4,933 | 526 |
| Subaru | Solterra | 363 | $50,103 | 3,937 | 488 |
| Audi | SQ8 | 350 | $110,976 | 1,564 | 201 |
| Genesis | GV60 | 347 | $61,934 | 1,521 | 198 |
| Maserati | Levante | 333 | $97,396 | 770 | 104 |
| Nissan | Titan | 285 | $56,022 | 5,718 | 903 |
| Nissan | LEAF | 272 | $31,877 | 2,832 | 468 |
There’s BIG potential for deals on any of these cars, but only with negotiation know-how.
The Bottom 10 in April 2024: New Cars With the Lowest Inventory
On the other side of the coin, these are the fastest-selling cars today. In April, we’re seeing some new makes and models on this list. Once again, Toyota dominates the list. Five of the ten fastest-selling new cars are Toyota models. This month, Chevrolet has two models in the top 10: the popular Traverse, and the discontinued Bolt EUV. It’s shocking how well Bolt sales are doing.
Kia also ranks highly, with the K5 sedan and budget-friendly Carnival van in slim supply. Joining the mainstream brands are models from Land Rover and Lexus.
If you’re shopping for any of these new cars in 2024, you’ll be up against stiff competition and in many cases, greedy dealers.
Among the fastest-selling models, the average transaction price is $50,685. That’s about $4,000 less than last month, and $12,000 less than the slowest selling models.
| Make | Model | Market Day Supply | Average Selling Price | Total For Sale | Total Sold (45 Days) |
|---|---|---|---|---|---|
| Kia | K5 | 14 | $31,245 | 721 | 2,274 |
| Land Rover | Range Rover | 21 | $141,827 | 874 | 1,859 |
| Chevrolet | Bolt EUV (Discontinued) | 22 | $32,035 | 691 | 1,418 |
| Chevrolet | Traverse | 23 | $43,115 | 1,845 | 3,537 |
| Toyota | RAV4 | 28 | $37,342 | 41,836 | 67,464 |
| Toyota | Highlander | 28 | $47,965 | 11,738 | 18,567 |
| Lexus | GX | 28 | $65,237 | 935 | 1,529 |
| Toyota | Sienna | 29 | $50,519 | 4,752 | 7,260 |
| Toyota | Camry | 29 | $32,174 | 31,484 | 49,435 |
| Toyota | Corolla | 31 | $25,395 | 19,752 | 28,509 |
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Historical Data
March 2024: Fastest-Selling Cars
| Make | Model | Average Selling Price | Market Day Supply | Total For Sale |
|---|---|---|---|---|
| Land Rover | Range Rover | $145,079 | 17 | 659 |
| Lexus | GX | $64,910 | 21 | 1,033 |
| Kia | K5 | $31,109 | 21 | 1,777 |
| Chevrolet | Traverse | $42,971 | 23 | 3,288 |
| Toyota | Sienna | $50,476 | 27 | 4,457 |
| Chevrolet | Bolt EUV | $32,079 | 27 | 1,378 |
| Mercedes-Benz | GLC Coupe | $64,818 | 29 | 659 |
| Kia | Carnival | $41,656 | 30 | 2,638 |
| Toyota | RAV4 | $37,227 | 31 | 46,560 |
| Toyota | Prius | $35,067 | 32 | 2,150 |
March 2024: Slowest-Selling Cars
| Make | Model | Average Selling Price | Market Day Supply | Total For Sale |
|---|---|---|---|---|
| BMW | X2 | $39,836 | 772 | 721 |
| Audi | SQ8 | $110,620 | 521 | 1,609 |
| Dodge | Hornet | $41,905 | 443 | 12,820 |
| Ford | Mustang Mach-E | $54,713 | 404 | 22,730 |
| Volvo | C40 | $58,658 | 385 | 1,643 |
| Jaguar | F-Type | $100,259 | 329 | 754 |
| Dodge | Charger | $43,717 | 326 | 30,448 |
| Jeep | Grand Wagoneer | $101,667 | 323 | 3,501 |
| Ram | Ram 2500 | $65,435 | 323 | 1,525 |
| Chrysler | 300 | $42,948 | 296 | 4,631 |
February 2024: Fastest-Selling Cars
| Make | Model | Average Selling Price | Market Day Supply | Total For Sale |
|---|---|---|---|---|
| Land Rover | Range Rover Sport | $98,775 | 20 | 850 |
| Chevrolet | Colorado | $41,692 | 20 | 2,283 |
| Lexus | GX | $64,734 | 24 | 2,099 |
| Mercedes-Benz | G-Class | $200,968 | 28 | 528 |
| Kia | Rio | $18,874 | 29 | 559 |
| Toyota | Sienna | $50,688 | 31 | 4,638 |
| Kia | Carnival | $41,783 | 33 | 2,952 |
| Chevrolet | Traverse | $43,128 | 33 | 6,725 |
| Chevrolet | Bolt EUV | $32,110 | 33 | 2,615 |
| BMW | X4 | $65,213 | 33 | 714 |
February 2024: Slowest-Selling Cars
| Make | Model | Average Selling Price | Market Day Supply | Total For Sale |
|---|---|---|---|---|
| Dodge | Hornet | $41,114 | 480 | 13,110 |
| Dodge | Charger | $44,375 | 477 | 33,629 |
| Ford | Mustang Mach-E | $55,094 | 362 | 24,292 |
| Dodge | Challenger | $52,553 | 360 | 24,582 |
| Chrysler | 300 | $43,214 | 346 | 5,154 |
| Ram | Ram 3500 | $79,378 | 342 | 2,797 |
| Audi | e-tron GT | $117,057 | 327 | 915 |
| Ram | Ram 2500 | $70,129 | 318 | 1,723 |
| Jaguar | F-Type | $100,134 | 315 | 714 |
| Maserati | Levante | $99,721 | 301 | 829 |
January 2024: Fastest-Selling Cars
| Make | Model | Market Day Supply | Average Selling Price | Total For Sale | Total Sold (45 Days) |
|---|---|---|---|---|---|
| Toyota | RAV4 Hybrid | 5 | $39,194 | 512 | 4,631 |
| Land Rover | Range Rover Sport | 18 | $100,385 | 845 | 2,090 |
| BMW | X5 | 18 | $80,817 | 3,076 | 7,723 |
| Toyota | Tacoma | 22 | $41,295 | 11,810 | 24,321 |
| Toyota | Sienna | 22 | $51,505 | 4,057 | 8,475 |
| Cadillac | Escalade | 25 | $111,134 | 1,632 | 2,891 |
| BMW | X7 | 25 | $99,742 | 1,873 | 3,401 |
| Kia | Rio | 26 | $19,091 | 801 | 1,405 |
| Ford | Maverick | 28 | $31,556 | 6,262 | 9,965 |
| Toyota | Corolla Cross | 30 | $31,595 | 7,652 | 11,655 |
January 2024: Slowest-Selling Cars
| Make | Model | Market Day Supply | Average Selling Price | Total For Sale | Total Sold (45 Days) |
|---|---|---|---|---|---|
| Dodge | Hornet | 506 | $39,931 | 13,275 | 1,180 |
| Dodge | Charger | 488 | $46,687 | 36,006 | 3,319 |
| Ram | Ram 2500 | 436 | $69,408 | 1,724 | 178 |
| Dodge | Challenger | 364 | $53,954 | 26,424 | 3,263 |
| Chrysler | 300 | 361 | $43,761 | 5,606 | 699 |
| Maserati | Levante | 310 | $104,112 | 827 | 120 |
| Jeep | Cherokee | 307 | $36,654 | 2,077 | 304 |
| Ford | Mustang Mach-E | 302 | $57,114 | 23,275 | 3,473 |
| Nissan | Titan | 265 | $56,179 | 5,879 | 1,000 |
| Jeep | Grand Wagoneer | 257 | $101,355 | 2,835 | 496 |
December 2023: Fastest-Selling Cars
| Make | Model | Market Day Supply | Average Selling Price | Total For Sale | Total Sold (45 Days) |
|---|---|---|---|---|---|
| Toyota | RAV4 Hybrid | 7 | $39,194 | 2,222 | 13,971 |
| Toyota | Sienna | 20 | $51,505 | 4,491 | 9,930 |
| Mercedes-Benz | GLC-Class | 20 | $58,727 | 764 | 1,711 |
| Kia | Rio | 21 | $19,091 | 1,147 | 2,513 |
| GMC | Yukon | 24 | $83,277 | 2,228 | 4,207 |
| Land Rover | Range Rover Sport | 29 | $100,385 | 659 | 1,015 |
| BMW | X5 | 29 | $80,817 | 4,198 | 6,607 |
| Toyota | Corolla Cross | 31 | $31,595 | 8,494 | 12,148 |
| Ford | Maverick | 31 | $31,556 | 7,228 | 10,646 |
| Chevrolet | Trax | 31 | $24,430 | 13,361 | 19,305 |
December 2023: Slowest-Selling Cars
| Make | Model | Market Day Supply | Average Selling Price | Total For Sale | Total Sold (45 Days) |
|---|---|---|---|---|---|
| Ram | Ram 2500 | 784 | $69,408 | 1,602 | 92 |
| Dodge | Hornet | 517 | $39,931 | 10,781 | 939 |
| Dodge | Charger | 424 | $46,687 | 33,463 | 3,549 |
| Dodge | Challenger | 362 | $53,954 | 25,807 | 3,205 |
| Ford | Mustang Mach-E | 358 | $57,114 | 25,430 | 3,200 |
| Jaguar | F-Type | 356 | $99,450 | 657 | 83 |
| Chrysler | 300 | 339 | $43,761 | 5,322 | 707 |
| Mercedes-Benz | SL | 319 | $166,665 | 1,027 | 145 |
| Jeep | Cherokee | 301 | $36,654 | 2,351 | 351 |
| Maserati | Levante | 288 | $104,112 | 864 | 135 |
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!
The fact that you would even consider buying GM Electric crap indicates to me that your not very bright or at least, have more than enough knowledge about legal stuff and bery little in car choices. that being said, businesses all over the country have been forcing employees to arbitration, and siriusxm, and directtv and just about everything. Next time refuse to sign away your rights at a Toyota or Honda dealer. Make better choices
They are right. Good luck finding any dealership with no arbitration clause. If you were allowed to force your customers into arbitration instead, would you not as well? It’s a no brainer for them. And for everyone of you, there are 1000 others who just sign and buy.
Those graphs were confusing. Not clear which ones were fast or slow selling. Please make it easier to understand.
Hi Tam, thank you for commenting. The fastest-selling have the lowest inventory ‘market day supply’, and the slowest-selling have the highest inventory ‘market day supply’. Basically, a higher MDS means the cars are sitting on the lot for longer before being sold.
Interesting that Ford is not in those lists at all.
Yes, the only reason Ford is not is that Stellantis brands like Jeep and Ram took up most of the list. Ford is not far behind. Ford does have high inventory right now due to slow sales and too much inventory.
Your October article says this is the first time in a while that Subaru was not in the last of ten least available cars. Except your September list does not include a Subaru. Oops!
Also, readers should know that just because your list doesn’t include a model, it doesn’t mean you’re going to be able to find that model with your desired options any time soon. I’ve been on a wait list for a Rav4 Hybrid in California at a no mark-up dealership for many months now, and that vehicle hasn’t even been on your least available list the entire time.
For average transaction price, are those so-called Out the door price for these vehicle?
Ray and Zach, I had an experience with Superstition Honda and Mesa AZ. I’m not quite ready to buy yet but I wanted to know if they could get a 2024 Honda CRV-EXL in white or silver. One of the sales guys keep calling me sometimes more than twice a day for a month. I finally had to call the sales manager there to get him off my back. Anyway, when I get ready to buy my CRV, I will let you know and could use your assistance. Thanks so much.
I have been months looking for a 2017- 2019 King Ranch, Limited or Platinum F250 or 350. It appears to me that so is everyone else. Every time I find the one, I want, it is sold before I get to it. What is so special about these three years. I can find 20 and up and 16 and down all day long.
Also, these all seem to be priced around $59-$60, 000 with 60-80 thousand miles (Diesel). I find it hard to believe that a truck that sold new has only dropped $20,000.00 dollars in 4 to 6 years. What am I missing here.
I am going to wait until the interest rates fall because I am not paying 8.5% for any truck. I am afraid that I will buy a truck for $60,000.00 that in a years’ time the market will correct, and the truck will then be worth $40,000.00.
Trying to buy 2024 RAV4 LE in early April 2024 in SoCal. Dealer said they have limited in stock due to chip shortage related to pandemic. Is this true?
Hi Chris, we are seeing RAV4 inventory increasing. You should be able to get well under MSRP. Take a look at our community forum or car buying service for additional help!