Cheaper cars are selling faster, but sales of affordable segments are falling
According to Edmunds data, between the first and third quarters the time a dealer took to sell a vehicle priced between $20,000 and $29,999 fell 20%, the biggest acceleration of any price segment. Vehicles priced from $30,000 to $39,999 sold about 18% faster and those from $40,000 to $49,999 nearly 12%. Even so, sales in some segments under $40,000 declined, with drops of about 4% for compact cars and nearly 8% for compact SUVs, according to Cox Automotive.
In 40 seconds
- The time to sell cars priced $20,000 to $29,999 fell 20% between the first and third quarters, according to Edmunds
- Segments above $50,000 took more than 60 days to sell, versus under 60 days in lower price ranges
- Compact car sales fell about 4% and compact SUV sales nearly 8% since the start of 2026, according to Cox Automotive
Read the full story at CNBC
IASummary generated by artificial intelligence from a story by CNBC. It may contain errors: the original source prevails.
Comments
Be respectful. Comments reported by several people are hidden until a moderator reviews them.
You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.