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24/7 Wall St.: Cars So Hot They Are Out of Stock

Cars So Hot They Are Out of Stock

The popularity of cars can be measured by several factors. Among these are total unit sales in a year, market share versus direct competitors, and sales improvement year-over-year. The best measure is none of these. Rather, it is the availability of a particular model on any given day, week or month. The auto manufacturing industry calls this measure “days to turn” or “time on lot.” The average car or light truck takes 50 or 60 days to sell once a dealer gets it. Some models can stay on lots for more than 90 days. The vehicles that are in really great demand are on lots for fewer than 20 days, and sometimes closer to 10.

Based on November 2012 days-to-turn data for vehicles sold in the United States, provided by Edmunds.com, 24/7 Wall St. identified the 10 models that spend the shortest time on the lot. Edmunds also provided annual sales for these models dating back to 2007, as well as the first 11 months of sales for 2012. We also identified base MSRP of these models, as well as additional features from manufacturer websites.
(AP PHOTO/FORD)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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