Figures displaying car sales show promising times for car dealers. Both domestic and imported car manufacturers saw growth in sales this year. 2013 is expected to end with the biggest number of car sales since 2006, yet what are the best-selling cars in the US? That’s an important question to answer as car dealers need to be aware of their customers’ demands.
As experts in the auto dealership industry, we at Bryant Surety Bonds closely follow the new regulations and trends that influence the industry. Last week, we talked about in which states is most profitable to open an auto dealership. Now we will give you some more insights, or rather sales tips, as in what are Americans’ favorite wheels.
Let’s have a look at the 5 winners.
This probably comes as no surprise, but Ford F-150 continues to be a best-seller for yet another year. As of the end of October 2013, sales of Ford’s F-Series are up by 20% and some forecast an even stronger growth for November and December. The general consensus seems to be that the growth of the housing sector has helped the sales of pickup trucks. The 2013 version of F-150 comes with a slightly changed exterior, such as a new grille. Mechanical changes are minor, but Americans stay loyal to the sturdy vehicle. The F-Series seems to be outperforming competition in the vast majority of states, save for the Northeast and a few states here and there.
Second place goes to another pickup truck – the Chevy Silverado. This year has seen a little more than 42,000 vehicles sold, which is a 10.1% year-on-year increase. With a list price of $25,575, the Chevy Silverado comes with an impressive towing capacity of 12,000 lbs, 355 HP. Its new generation of EcoTec3 engines makes it among the few fuel-efficient trucks out there. While the Chevy Silverado is a best-selling vehicle in only two states (Indiana and Maine), it closely follows the Ford F-Series pretty much everywhere else.
The Toyota Camry is retaining its position as a best-selling car in the mid-sized vehicles category. A list price of $22,235, a luxurious interior and a great fuel efficiency (25/35 mpg) make it popular with people from all demographics. Its safety and reliability are frequently heralded – it has a 5-star safety rating, and the company claims that 90% of all Camrys are still on the road 10 years later. Apart from the addition of the Toyota SE Sport, the line of Toyota Camry remains pretty much unchanged from last year’s models.
Honda Accord is another all-time favorite passenger car. Sales so far have seen an 11% year-on-year increase. It has a list price of $21,955 and provides the same convenience as the Camry but goes a step further in fuel economy. The Eco Assist™ System gives you real-time information on how efficient your driving is, so you can make changes accordingly. The ECON button now comes with all Accord models and it’s a convenient option that automatically configures the fuel system so as to consume as little gas as possible. In light of this, it’s no surprise that the Honda Accord won the “Green Car of the Year” award at the L.A. Auto Show.
With a starting price of $24,385, sales of the 2014 Ram 1500 prove that pickup trucks are making a strong comeback. They are up by 22% compared to last year – a growth surpassing even that of the Ford F-150 and the Chevy Silverado. This is likely due to almost untouched performance (except for a slight reduction in towing capacity) but a much better fuel economy compared to last year’s model. In addition to the EcoDiesel engine, the 2014 Ram 1500 will try to lure customers with a luxurious interior almost comparable to that of a passenger car.
These statistics show a summary of the 5 best-selling vehicles in the US. However, if you wish to know more about which model is most popular in your state, check out the Business Insider’s latest survey.