Fastest-Selling New & Used Cars In August

We officially bid farewell to summer this week, but unfortunately we do not also say goodbye to the continuing microchip shortage that's plagued the industry over the past months.  The shortage continues to impact new and used cars sales due to delays into production.  

Fastest-Selling New and Used Vehicles In August

Both new and used vehicles sold at a faster pace in August compared to July. The latest iSeeCars monthly analysis involves 900,000 new and used cars sold in August 2021. iSeeCars found that the average new car took 26 days to sell last month while the average used car is selling at a slower pace, at 34.6 days.  New cars in August sold over a week faster than in July, where the average was 35 days. Used cars sold slightly faster too  compared to July's 35.4 days.

Some of the notable findings: 

• Hyundai's new compact pickup, the Santa Cruz, debuts as the fastest-selling new vehicle.
• The newly released Ford Bronco also debuts 16th on the new car list which you can see the entirety of here.
• Toyota/Lexus vehicles account for six vehicles on the fastest-selling new vehicle list, followed by Hyundai-Kia with five vehicles. You can see the entire list here.
• Alternative-fuel vehicles are well-represented on both lists.

Now to August’s top 10 fastest-selling new and used cars according to iSeeCars. You can check out the full list of vehicles here.

Source: iSeeCars.com