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The New Cars With the Highest and Lowest Inventory for 2023

May 24, 2023

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

new car inventory numbers 2023

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!

MakeModelMarket Day SupplyAverage Transaction PriceTotal For SaleTotal Sold (45 Days)
LincolnAviator495$68,2695,645513
ChryslerPacifica Hybrid373$56,1817,752936
JeepGrand Wagoneer334$104,8213,939530
JeepGladiator330$54,15524,5773,353
Mercedes-BenzSL Class307$151,52256783
RamRam 2500293$88,67920,0603,076
JeepRenegade279$31,34311,1911,802
MaseratiGrecale262$80,7692,436419
RamRam 1500 Classic248$42,7065,243948
Mercedes-BenzEQS242$123,1795,024934

Source: CarEdge Data

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

Subaru - new car inventory 2023

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.

MakeModelMarket Day SupplyAverage Transaction PriceTotal For SaleTotal Sold (45 Days)
ToyotaCamry6$32,4452,55620,353
HondaCivic9$27,1512,68013,126
HondaCR-V11$35,9022,2789,133
ToyotaSequoia13$80,0409753,374
BMWi413$62,7577352,507
MazdaCX-5014$37,2588552,697
HondaOdyssey15$45,1542,2496,704
KiaK516$31,0399503,500
KiaRio16$19,4331,0212,857
HyundaiTucson16$34,7773,5249,991

Source: CarEdge Data

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

MakeModelMarket Day SupplyTotal For SaleTotal Sold (45 Days)
LincolnAviator4034,771533
JeepRenegade39311,5501,322
JeepCherokee3644,606570
RamRam 250035423,9103,042
ChryslerPacifica Hybrid3447,235947
JeepGrand Wagoneer3313,771513
JeepGladiator29121,7433,360
RamRam 1500 Classic2475,051920
MitsubishiOutlander PHEV2411,679313
MaseratiGrecale2342,171417

August 2023: Lowest Inventory

MakeModelMarket Day SupplyTotal For SaleTotal Sold (45 Days)
HondaHR-V99014,652
HondaCR-V96,48233,476
KiaTelluride101,2685,466
KiaK5118203,338
ToyotaCamry1211,77842,838
SubaruOutback151,0973,200
LexusES Hybrid175081341
KiaSportage175,68914,955
HyundaiSanta Cruz171,2833,331
ToyotaHighlander198,00318,779

July 2023: Highest Inventory

MakeModelMarket Day SupplyTotal For SaleTotal Sold (45 Days)
JeepRenegade51612,1401,059
Ram250045925,4622,496
JeepCherokee3815,106603
ChryslerPacifica Hybrid3166,429916
AudiSQ7306809119
LincolnAviator2974,695712
ChevroletSilverado 45002912,725422
JeepGrand Wagoneer2853,323525
JeepGladiator26820,7303,486
Ram1500 Classic2684,959832

July 2023: Lowest Inventory

MakeModelMarket Day SupplyTotal For SaleTotal Sold (45 Days)
SubaruOutback92,19310,650
HondaHR-V102,0519,138
KiaTelluride122,93011,098
ToyotaHighlander149,25029,943
KiaK5141,9305,990
ChevroletCorvette141,0233,390
AcuraIntegra166831,956
HondaCR-V1718,48741,478
FordMaverick202,7696,184
ToyotaCorolla2210,93722,502

June 2023: Highest Inventory

MakeModelMarket Day SupplyTotal For SaleTotal Sold (45 Days)
JeepRenegade7537,630456
ChevroletSilverado 4500 Medium Duty Chassis Cab4431,171119
LincolnCorsair4232,530269
RAMRam 2500 Pickup40319,7102,201
JeepCherokee3916,116703
ChryslerPacifica Hybrid3555,243664
JeepCompass35235,5904,552
RAMRam 1500 Classic3284,340596
JeepGladiator28319,5843,113

June 2023: Lowest Inventory

MakeModelMarket Day SupplyTotal For SaleTotal Sold (45 Days)
KIASeltos910365262
LexusNX95942924
KIACarnival139253191
BMWX5148542689
SubaruImpreza1514184145
BMW4 Series176101620
KIARio171,1893093
KIAForte194,84111647
Mercedes-BenzGLE1914793440

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.

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5 Comments

  1. Stan

    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.

    Reply
  2. Lee

    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

    Reply
  3. Peggy

    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.

    Reply
  4. Don Widders

    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!

    Reply

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