Charlotte Region Used Car Market Report
January 2023
Used car sales trends for Charlotte and surrounding communities
January market trends based on used inventory from 329 dealers in the Charlotte region.
48.5 days
Average turn
Down 0.6%
35.4 days
Average vehicles sold per dealer
Down 10.1%
Average national wholesale values by month
Wholesale values declined slightly in January, but the decrease slowed from previous months.
Most Active Dealers
Based on number of vehicles sold
| 1 | Sonic Automotive |
| 2 | CarMax - Independence Boulevard |
| 3 | Hendrick Automotive Group |
| 4 | CarMax - Gastonia |
| 5 | CarMax - South Boulevard |
| 6 | Scott Clark Toyota |
| 7 | Scott Clark Honda |
| 8 | Adams North Charlotte |
| 9 | Mark Ficken Ford Lincoln |
| 10 | RideNow Concord |
| 11 | Rock Hill Nissan |
| 12 | Toyota of Gastonia |
| 13 | Capital Ford of Charlotte |
| 14 | Gastonia Chevrolet Buick GMC |
| 15 | Hi-Line Autohaus |
| 16 | Burns Ford of York |
| 17 | South Charlotte Hyundai |
| 18 | Lake Norman Chrysler Dodge Jeep Ram |
| 19 | Keith Hawthorne Ford |
| 20 | VICTORY CHEVROLET, LLC |
| 21 | Keffer Hyundai |
| 22 | Keffer Chrysler Jeep Dodge |
| 23 | Parks Chevrolet Charlotte |
| 24 | Gastonia Nissan |
| 25 | Ben Mynatt Chevrolet |
Most Active Independent Dealers
Based on number of vehicles sold by independent auto dealers
| 1 | Sonic Automotive |
| 2 | Adams North Charlotte |
| 3 | RideNow Concord |
| 4 | Hi-Line Autohaus |
| 5 | Furrst Class Cars LLC |
| 6 | Auto Revolution |
| 7 | Carolina Auto Warehouse |
| 8 | 77 Auto |
| 9 | TOP GEARS MOTOR |
| 10 | Iron Horse Motorcycles |
| 11 | Right 1 Auto by Keffer |
| 12 | Planet Automotive Group |
| 13 | EL JALISQUILLO AUTOS |
| 14 | Real Steal Auto Sales & Repair Inc |
| 15 | Auto America |
| 16 | Auto Selection of Charlotte |
| 17 | Lift Auto Sales |
| 18 | Godspeed Motors |
| 19 | CRC Auto Sales |
| 20 | Alta Auto Group LLC |
Retail Used Inventory Levels
Highest Demand Vehicles in Charlotte for January
Based on number of vehicles sold and average days on lot
| 1 | TOYOTA 4-RUNNER | Score: 105 |
| 2 | CHEVROLET SILVERADO | Score: 101 |
| 3 | HONDA CIVIC | Score: 101 |
| 4 | TOYOTA RAV4 | Score: 98 |
| 5 | CHEVROLET TAHOE | Score: 96 |
| 6 | BMW X3 | Score: 94 |
| 7 | TOYOTA TACOMA | Score: 94 |
| 8 | HONDA ACCORD | Score: 94 |
| 9 | NISSAN ALTIMA | Score: 94 |
| 10 | FORD F-150 | Score: 93 |
| 11 | CHEVROLET EQUINOX | Score: 91 |
| 12 | JEEP GRAND CHEROKEE | Score: 91 |
| 13 | NISSAN SENTRA | Score: 90 |
| 14 | HYUNDAI ELANTRA | Score: 90 |
| 15 | NISSAN ROGUE | Score: 89 |
| 16 | HYUNDAI SONATA | Score: 89 |
| 17 | TOYOTA COROLLA | Score: 89 |
| 18 | TOYOTA CAMRY | Score: 89 |
| 19 | HONDA PILOT | Score: 89 |
| 20 | HONDA CR-V | Score: 88 |
| 21 | HONDA ODYSSEY | Score: 86 |
| 22 | TOYOTA HIGHLANDER | Score: 85 |
| 23 | FORD ESCAPE | Score: 85 |
| 24 | FORD EXPLORER | Score: 84 |
| 25 | MAZDA CX-5 | Score: 83 |
Lowest Days on Lot Vehicles
Based on average days on lot for January
| 1 | TOYOTA 4-RUNNER | 14.3 days |
| 2 | CHEVROLET TAHOE | 19.5 days |
| 3 | BMW X3 | 20.8 days |
| 4 | TOYOTA RAV4 | 22.7 days |
| 5 | TOYOTA TACOMA | 23.3 days |
| 6 | HONDA CIVIC | 23.7 days |
| 7 | CHEVROLET EQUINOX | 23.7 days |
| 8 | NISSAN SENTRA | 24.2 days |
| 9 | HYUNDAI ELANTRA | 25.8 days |
| 10 | TOYOTA COROLLA | 26.0 days |
| 11 | HYUNDAI SONATA | 26.8 days |
| 12 | HONDA PILOT | 27.2 days |
| 13 | NISSAN ALTIMA | 27.2 days |
| 14 | CHEVROLET SILVERADO | 27.3 days |
| 15 | HONDA ODYSSEY | 27.3 days |
| 16 | JEEP GRAND CHEROKEE | 28.4 days |
| 17 | NISSAN ROGUE | 28.5 days |
| 18 | FORD ESCAPE | 28.8 days |
| 19 | MAZDA CX-5 | 29.7 days |
| 20 | TOYOTA HIGHLANDER | 29.9 days |
| 21 | HONDA CR-V | 31.0 days |
| 22 | TOYOTA CAMRY | 32.1 days |
| 23 | HONDA ACCORD | 32.1 days |
| 24 | FORD F-150 | 32.1 days |
| 25 | FORD EXPLORER | 32.2 days |
Days on Lot Trend in the Charlotte Region
January Used Inventory by Year and Mileage
All vehicles for sale in Charlotte
