The automotive market has seen a significant shift in consumer preferences, resulting in certain models languishing on dealership lots longer than others. For budget-conscious buyers, this presents a unique opportunity to snag a deal on vehicles that are not flying off the shelves. Here are seven of the slowest selling cars currently available, each capable of saving you substantial money.
1. Ford EcoSport
The Ford EcoSport has struggled to gain traction since its introduction to the U.S. market in 2018, with sales plummeting by almost 40% in 2022 compared to the previous year. In 2023, the subcompact SUV has an average time on the lot of 95 days, making it one of the slowest sellers. With a starting price around $23,000, buyers can find attractive discounts, often saving upwards of $3,000 off the manufacturer’s suggested retail price (MSRP).
2. Nissan Altima
Once a top contender in the midsize sedan segment, the Nissan Altima has seen declining interest, with sales down nearly 20% year-over-year. As of late 2023, the Altima remains on dealership lots for an average of 89 days. With a base price starting around $25,000, buyers can expect significant incentives, with some dealerships offering discounts approaching $4,000. This makes the Altima a compelling option for those seeking value in a reliable sedan.
3. Chrysler 300
The Chrysler 300, an iconic full-size sedan, has also fallen out of favor with consumers. In 2022, sales decreased by 30%, and it now averages more than 100 days on dealer lots. Priced at approximately $32,000, this car offers luxurious features at a fraction of the cost compared to its competitors. Discounts and promotions can bring the price down significantly, making it an attractive buy for those who appreciate classic styling and comfort.
4. Chevrolet Spark
The Chevrolet Spark, a subcompact car, is facing an uphill battle in a market increasingly dominated by SUVs and trucks. With a staggering 45% drop in sales during 2022, the Spark now averages about 96 days on the market. Starting at around $14,000, the Spark presents an affordable option for first-time buyers or those looking for a budget-friendly vehicle. Dealerships are eager to move these models, with discounts often exceeding $2,500.
5. Toyota Avalon
The Toyota Avalon, once a staple in the full-size sedan category, has seen its sales dwindle by nearly 25% in recent years. As of 2023, this elegant sedan is lingering on lots for an average of 88 days. With a starting price of approximately $37,000, the Avalon is now available at significant markdowns, with some buyers saving upwards of $5,000. This offers a unique chance to acquire a high-quality vehicle at a lower price point.
6. Subaru Legacy
The Subaru Legacy, a midsize sedan known for its all-wheel drive and safety features, has not resonated well with buyers lately. A drop in sales by 15% in 2022 has led to an average lot time of about 92 days. Starting around $24,000, the Legacy is often discounted by $3,000 or more, making it a practical choice for those prioritizing safety and reliability. For buyers in regions with inclement weather, this sedan remains a viable option.
7. Kia Stinger
The Kia Stinger, marketed as a sporty fastback, has not met sales expectations, resulting in a staggering 35% drop in sales last year. With an average of 90 days on dealer lots, the Stinger is one of the slowest sellers in its category. Prices for the Stinger start around $36,000, but aggressive dealership incentives can lower that by $4,000 or more. For those seeking a blend of performance and practicality, the Stinger represents a deal that should not be overlooked.
Conclusion
The current automotive landscape offers unique opportunities for savvy buyers willing to consider models that are not in high demand. From the affordable Chevrolet Spark to the luxurious Toyota Avalon, these slow-selling vehicles present significant savings, often exceeding $5,000 off the sticker price. As consumer preferences continue to evolve, now is the time to act if you’re in the market for a new car. Don’t miss out on these incredible deals—visit your local dealership today to explore these options and save big