These used vehicles are selling … slowly

iSeeCars recently published a list of the fastest-selling used cars in January, and the Hyundai Palisade came out on top at 26.2 average days to sell.

But what are the slowest sellers? On Monday, iSeeCars published a study of the slowest-selling new and used vehicles for January.

According to iSeeCars, the slowest-selling used vehicle for January, with an average 107.1 days to sell, is the Buick Encore GX.

The study also included a list of the average days to sell for America’s most popular used vehicles. On that list, the Toyota 4Runner showed the fewest average days to sell, with an average 28.7 days at an average price of $35,078.

iSeeCars also listed the slowest-selling new vehicles, and the top five were the Ford Fusion Hybrid, Ford Fusion, Honda Fit, Kia Sedona, and Chevrolet Trax.

For the study, iSeeCars.com analyzed more than 1.2 million new and used-car sales from January of the this year, looking at model years 2016 to 2020.

Demand for 2020 model Encore likely fell quicker than production

But on the topic of used vehicles, iSeeCars said the slowest-selling used vehicles remain on lots from 1.3 to 2.75 times longer than the average used vehicle. Eight of the 10 vehicles are SUVs, with six luxury SUVs making the list.

Domestic brands account for seven out of 10 vehicles.

The Buick Encore GX debuted for the 2020 model year. iSeeCars said the Buick Encore GX was one of the brand’s top sellers in 2020. But iSeeCars said toward the end of that vehicle’s first run, demand for the 2020 model likely dropped quicker than production. When new-car incentives are taken into account,  new 2021 versions are comparable in price.

Additional American luxury SUVs making the list including the Cadillac XT6 at No. 2, the sixth-ranked Lincoln Nautilus, and the Buick Envision at No. 7.

“The Cadillac XT6 debuted in 2020, while the Lincoln Nautilus debuted in 2019,” iSeeCars executive analyst Karl Brauer said in a news release. “Both SUVs had typical ‘new model’ excitement when they debuted, yet that demand has waned since their launch as additional competitive models have entered the market.”

Chevrolets come in at Nos. 3, 4, and 5

Regarding the two Chevrolet SUVs making the list — including the third-ranked Blazer midsize SUV and the  Trax subcompact SUV at No. 4 — Brauer said the Blazer tried to use a famous Chevy nameplate, but he said the current vehicle does not live up to the iconic history of the model.

“And the Chevrolet Trax has been upstaged by the newer, more appealing Chevrolet Trailblazer,” Brauer said.

Two luxury subcompact SUVs making the list include the Volvo XC40 at No 8 and the ninth-ranked BMW X2.

Brauer said foreign luxury SUVs are fast-sellers in the new and used market, but he said the study suggests the buyers of today are more interested in larger SUVs.

The Chevrolet Bolt EV came in at No. 5, and Volvo S60 at No. 10. Brauer said that although the Bolt has sold relatively well since its 2017 debut, supply has easily kept up with demand.

That has allowed a percentage of used Bolts to languish on dealer lots, Brauer said.

Although the Volvo S60 is a quality luxury car, cars are generally struggling for demand, Brauer said.

“And on the luxury side, crossovers and SUVs are seeing much higher demand,” Brauer said.

The complete top 10 slowest-selling used vehicles list from iSeeCars can be found below.

SOURCE: Chart via iSeeCars.com