The Corvette Wins First Place In U.S. Sales
Since the start of the coronavirus pandemic, car sales, as well as a general slew of other businesses, saw a bit (or not so bitty) depression in traffic, and continued to see this slump for the remainder of the year (2020). Slowly but surely, the crisis began to somewhat stabilize, allowing for North American car sales to make a comeback. Some models, in particular, rode past the sales level a year ago. On top of this, car sales overall increased because of low-interest rates. This is thanks to the Federal Reserve, which allowed manufacturers to make offers on car loans more enticing.
Dependent on supply, these manufacturers ship these vehicles to their respective dealers and what the sellers estimate that they will be able to sell on certain models. On the end of the manufacturer, factory output can pose a challenge, while from the perspective of the dealer, it’s more of a guesstimate about what consumers in the market would go for.
Based on this dynamic, the amount of time that a car is lodged at a dealership parking lot can average about 48.9 days, with at least 60 being optimal. While there are plenty of cars that are able to catch the attention of shoppers faster than others, owing to either limitations from the factory or an overwhelming good customer demand at the dealership.
Last month, the most favored vehicle in North America was so in-demand that it became America’s fastest-selling car, and that ladies and gents is the Chevrolet Corvette. This flagship vehicle of the largest division of General Motors (GM), also being the sole two-seat sports car that hasn’t skipped a beat for over six decades (1953 to be exact). According to iSeeCars, the Chevrolet’s prized possession reaches up to 13.1 for days-on-sells.
The starting price for the Corvette is $59,000, (plus destination fee). This year’s model makes use of the “Stingray” moniker, which the company has gone back and forth with throughout the years. The convertible model of the car can reach as high as $90,000, (plus destination fee). Moreover, the output is 495 horsepower from its 6.2-liter V8 engine, which can push from 0 to 60 mph in only 2.9 seconds.
Karl Brauer, iSeeCars Executive Analyst, weighed in on the fastest-selling cars as a whole, regarding those that don’t last long on the dealers lot: “While the fastest-selling new cars span many price points from $24,278 to $102,537, the average for these 20 vehicles is $43,829, which is well above the $36,836 average price of all new cars.”
Miami Lakes Chevrolet
When the time comes to purchase the latest Chevrolet Corvette, be sure to do it at Miami Lakes Automall. We carry a slew of vehicles from the company, including that 2021 Corvette Stingray.
This vehicle isn’t just passionate with its engine, but also its features, involving those such as leather-covered/8-way power-adjustable seats, keyless entry/ignition, dual-zone climate control, configurable 12-inch digital instrument cluster, rear parking sensors, mechanical limited-slip differential, LED headlights, and a removable body-colored roof panel. The features only get better from there, the higher up you go on trims.
Those who are interested in the Corvette or any of our models can simply view our online new car inventory and chat with a representative for further assistance.