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Thread: US: What car models fly off dealer lots? Mirage ranks well in "days on lot" measure

  1. #1

    US: What car models fly off dealer lots? Mirage ranks well in "days on lot" measure

    Thanks to Zxit for pointing this out...

    According Edmunds.com, a car research and shopping site. The average vehicle lounges on a dealer's lot [before selling] for 59 days.
    The Mitsubishi Mirage? Just 18 days (November stats).

    As a result, Edmunds.com classifies it as a "hot" model.

    It's not necessarily an indication of overall sales (Mitsu sold 1,052 Mirages in Nov.), but of how well demand is matched by supply/production. A high "days on lot" or "days to turn" average means relative to demand, supply/production is high. A low average means high demand and/or constrained production/supply.

    18 "days to turn" for the Mirage put it in 5th place in the US market in November (with multiple ties for some spots):

    Rank
    Days on lot
    Vehicle(s)
    1 9 Land Rover Range Rover
    2 10 Chevrolet Corvette, Jeep Cherokee and Land Rover Range Rover Sport
    3 14 Mercedes-Benz CLA-Class
    4 17 Subaru Forester
    5
    18 Mitsubishi Mirage
    59 Average, all new cars

    The Edmunds stats also offer some interesting info about transaction price & discounts on the Mirage:


    • $15,430 was the average Mirage transaction price (vs. $32,852 average, for all vehicles)
    • 5.20% was the average Mirage discount off MSRP (vs. 10.54% for all vehicles)



    Read more: http://www.edmunds.com/about/press/e...o-a-close.html

    Via: http://www.usatoday.com/story/driveo...rover/4093027/


        __________________________________________

        click to view fuel log View my fuel log 2014 Mirage ES 1.2 manual: 62.4 mpg (US) ... 26.5 km/L ... 3.8 L/100 km ... 74.9 mpg (Imp)


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  3. #2
    Senior Member grsupercity's Avatar
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    Hopefully its closer to 1500+ sales for December!!!!

  4. #3
    Also from Zxit...

    KBB.com lists the "top 5 / bottom 5" cars each week, based on changes in what they call "Shopping Activity." I'm not sure whether that means changes in searches on their web site or activity at dealerships:

    Mirage is on the rise - up 14% last week. That's the biggest increase of any car model.

    Source (PDF): http://www.whitebearautos.com/dealership/news.htm

    I suspect it's related to the KBB website though, not actual sales. I think the dealer level stuff is only released monthly.


        __________________________________________

        click to view fuel log View my fuel log 2014 Mirage ES 1.2 manual: 62.4 mpg (US) ... 26.5 km/L ... 3.8 L/100 km ... 74.9 mpg (Imp)


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