The Chevrolet Corvette continues to be a quick seller in the United States and in August, America’s Favorite Sports Car was the 2nd fastest-selling new vehicle according to the latest report from iSeeCars.
The C8 Corvette Stingray only needed an average of 8.3 days to be delivered to its new owners during the month, while the Hyundai Santa Cruz came in first on the list with an average of 8.0 days to sell.
The iSeeCars report analyzed over 900,000 new and used cars sold in August 2021 and found that the average new car takes 26 days to sell while the average used car takes 34.6 days to sell. According to the report, new cars are selling over a week faster than in July where the average new car sale took 35 days.
In the latest rankings, the Corvette fell to second after regaining the top spot in the July 2021 survey with an average time to sell of just seven days.
“Demand for the mid-engine Chevrolet Corvette has exceeded supply since its launch for the 2020 model year,” said iSeeCars Executive Analyst Karl Brauer. “Dealers stopped taking orders for the 2021 model year in March, and demand remains so high the model consistently sells for over MSRP, with an average price of $89,788 compared to its MSRP range of $59,900-$78,850.”
While the Corvette is selling well on the secondary market, it’s missed the Top 20 list of fastest-selling used vehicles for the second month in a row. You can see the top 20 list of used vehicles at www.iseecars.com.