New Report: Top 15 Cars With Greatest Slowdown in Sales

The coronavirus pandemic has caused a slowdown in vehicle sales. In fact, a new report from the car research site shows that the slowdown is affecting some models more than others.

"Overall car sales have plummeted as a result of stay-at-home orders and the economic downturn," said iSeeCars CEO Phong Ly. "But for those fortunate enough to be able to make a car purchase, now is an opportune time as dealers increasingly need to move inventory, and these slow-selling models could present great deals."

The report shows models with the largest drop in sales within the month of being listed. In essence, there are a few car models that are more likely to give you a greater opportunity to negotiate a cheaper price on a used car.

To come up with the report, iSeeCars analyzed more than 1.8 million used vehicles in February and March of this year. Here are some key findings:

  • The automaker with the most used vehicles on the list is Honda, with five models
  • Led by the RAV4 Hybrid, three of the top eight vehicles are Toyota SUVs

Report: These Used Cars Just Had the Largest Drop in Sales

RankVehicle2020 Feb – Mar % Sold diff
1Tesla Model 3-24.2%
2Toyota RAV4 Hybrid-20.9%
3Volkswagen Atlas-19.4%
4Mitsubishi Eclipse Cross-19.0%
5Tesla Model X-17.5%
6Chevrolet Spark-17.1%
7Toyota RAV4-16.8%
8Toyota C-HR-16.8%
9Lexus GX 460-16.7%
10Honda HR-V-16.6%
11Honda Pilot-16.2%
12Toyota Highlander-16.1%
13Honda Civic-15.9%
14Honda Odyssey -15.8%
15Honda CR-V-15.7%
Overall Average-9.8%

Final Thought

Money expert Clark Howard says you can find some great car deals over the next few weeks.

“May, June, early July, it’s going to be a great time for people who are in the market for a vehicle,” Clark says.

However, there are many factors that you need to think about before you purchase a new or used vehicle right now. Read this list of things to consider before you decide to make this major financial decision.

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