If you're car shopping any time soon, it's helpful to know which vehicles are selling the fastest out there right now. We turn to iSeeCars for some March data. As Car Pro Show host Jerry Reynolds has been talking about on the show for months, the ongoing microchip shortage ongoing continues to impact new vehicle inventory. In turn, used car prices remain sky high. iSeeCars reports a 30.4 percent increase in used car prices in March compared to last year.
In its latest analysis, iSeeCars looked at 150,000 new and used cars sold in March 2022 to determine which cars were in the highest demand in the current market. In the wake of high gas prices, researchers say fuel-efficient vehicles including small SUVs, sedans, and alternative-fuel vehicles are selling the fastest.
Top 10 Fastest-Selling New and Used Cars in March
The Honda CR-V is the fastest-selling new vehicle taking an average of 7.6 days to sell. Toyota and Lexus vehicles make up a big chunk of the new vehicle list -- accounting for eight fastest-selling models. The fastest-selling used model in the Tesla Model X.
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Fastest-Selling New and Used Cars in March 2022 |
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New Cars |
Used Cars |
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|
Rank |
New Car |
Days to Sell |
Used Car |
Days to Sell |
|
1 |
Honda CR-V |
7.6 |
Tesla Model X |
28.0 |
|
2 |
Genesis GV70 |
12.2 |
Honda Insight |
28.9 |
|
3 |
Lexus RX 350 |
13.0 |
Hyundai Ioniq Hybrid |
29.4 |
|
4 |
Toyota Highlander |
13.6 |
Tesla Model Y |
29.5 |
|
5 |
Toyota Camry |
15.1 |
Toyota Prius Prime |
32.8 |
|
6 |
Toyota RAV4 Hybrid |
15.3 |
Mazda Mazda3 Sedan |
34.3 |
|
7 |
Ford Maverick (Hybrid) |
15.5 |
Tesla Model S |
34.4 |
|
8 |
Subaru Forester |
17.0 |
Tesla Model 3 |
34.7 |
|
9 |
Toyota Tacoma |
17.6 |
Chevrolet Volt |
35.0 |
|
10 |
Subaru Crosstrek |
17.7 |
Ford Mustang Mach-E |
35.1 |
|
New Car Average |
35.5 |
Used Car Average |
52.9 |
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Photo Credit: Honda.