Santa Monica, Calif. - The 2014 Land Rover Range Rover was the fastest-selling car in America last month, and there were several other familiar names that helped to fill out the top 10, reports Edmunds.com, which released its list of the top 10 fastest-selling vehicles.
According to Edmunds.com's days to turn (DTT) statistics, which measure how long a vehicle sits on a dealer's lot before it's sold, the average Range Rover sold in November was on sale at a dealer's lot for just nine days. Chevrolet Corvette, Jeep Cherokee and Land Rover Range Rover Sport all tied for the second slot, at 10 days to turn. Other popular vehicles ranking in last month's top 10 include Mercedes-Benz CLA-Class (14 DTT), Subaru Forester (17 DTT) and Mitsubishi Mirage (18 DTT). By comparison, the average new car sold in November sat on a dealer lot for 59 days.
The demand for a "hot" car presents a dilemma: While shoppers are attracted to these vehicles' new and unique features, they also come with a higher price tag.
"Dealers offer few – if any – incentives on the newest, most buzz-worthy cars, and shoppers will likely have very little room to negotiate," said Edmunds.com Consumer Advice Editor Carroll Lachnit. "So if shoppers are patient enough to wait a few months for the buzz to subside, they're more likely to score a better deal."
