![]() ![]() RELATED: Why are used cars closely priced to new cars? Fastest-Selling New Cars “Similarly, used cars are selling a week slower, which is likely due to price increases and reduced inventory. “The average price for the fastest-selling new cars increased by 21 percent from October to November, which may have affected demand for new cars, as evidenced by the slower average time-to-sell,” said iSeeCars Executive Analyst Karl Brauer. Both new and used cars are selling slower compared to last month’s averages of 31.7 days and 44.7 days, respectively. The fastest-selling used car is the Honda Insight, topping a list that is led by alternative-fuel vehicles.Īnalyzing over 280,000 new and used cars sold in November 2021, found that overall, the average new car takes 42.8 days to sell and the average used car takes 51.5 days to sell. ![]() The latest analysis found the fastest-selling new car during the month of November was the Mercedes-Benz GLE, which tops the list for the first time and moves up from the eleventh position in October.
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