Charlotte Region Used Car Market Report
November 2022
Used car sales trends for Charlotte and surrounding communities
November market trends based on used inventory from 316 dealers in the Charlotte region.
49.7 days
Average turn
Up 10.4%
35.4 days
Average vehicles sold per dealer
Down 3.7%
Average national wholesale values by month
Wholesale values continued their decline in November. Average wholesale values are down 2% nationally from October.
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 | Adams North Charlotte |
| 7 | Scott Clark Toyota |
| 8 | RideNow Concord |
| 9 | Scott Clark Honda |
| 10 | Lake Norman Chrysler Dodge Jeep Ram |
| 11 | Rock Hill Nissan |
| 12 | Capital Ford of Charlotte |
| 13 | Lake Norman Hyundai |
| 14 | Mark Ficken Ford Lincoln |
| 15 | Hi-Line Autohaus |
| 16 | Toyota of Gastonia |
| 17 | Gastonia Chevrolet Buick GMC |
| 18 | Keffer Hyundai |
| 19 | Keffer Chrysler Jeep Dodge |
| 20 | Fort Mill Hyundai |
| 21 | Parks Chevrolet Charlotte |
| 22 | Burns Ford of York |
| 23 | Modern Hyundai of Concord |
| 24 | East Charlotte Nissan |
| 25 | Town and Country Toyota |
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 | EL JALISQUILLO AUTOS |
| 6 | 77 Auto |
| 7 | Carolina Cars |
| 8 | Lift Auto Sales |
| 9 | Godspeed Motors |
| 10 | Furrst Class Cars LLC |
| 11 | TOP GEARS MOTOR |
| 12 | Right 1 Auto by Keffer |
| 13 | Auto Revolution |
| 14 | A & J Used Cars |
| 15 | Iron Horse Motorcycles |
| 16 | Auto Selection of Charlotte |
| 17 | Auto America |
| 18 | Carflex Auto Inc |
| 19 | Charlotte Auto Group, Inc |
| 20 | CRC Auto Sales |
Retail Used Inventory Levels
Highest Demand Vehicles in Charlotte for November
Based on number of vehicles sold and average days on lot
| 1 | FORD F-150 | Score: 100 |
| 2 | CHEVROLET SILVERADO | Score: 100 |
| 3 | TOYOTA RAV4 | Score: 99 |
| 4 | HONDA CIVIC | Score: 98 |
| 5 | NISSAN ALTIMA | Score: 98 |
| 6 | TOYOTA 4-RUNNER | Score: 98 |
| 7 | HONDA ACCORD | Score: 97 |
| 8 | RAM 1500 | Score: 96 |
| 9 | CHEVROLET EQUINOX | Score: 94 |
| 10 | NISSAN ROGUE | Score: 94 |
| 11 | BMW X3 | Score: 94 |
| 12 | TOYOTA CAMRY | Score: 94 |
| 13 | TOYOTA COROLLA | Score: 93 |
| 14 | TOYOTA HIGHLANDER | Score: 91 |
| 15 | TOYOTA TACOMA | Score: 91 |
| 16 | HONDA CR-V | Score: 90 |
| 17 | GMC SIERRA | Score: 89 |
| 18 | MAZDA CX-5 | Score: 89 |
| 19 | HYUNDAI SONATA | Score: 89 |
| 20 | JEEP GRAND CHEROKEE | Score: 88 |
| 21 | HONDA ODYSSEY | Score: 88 |
| 22 | HYUNDAI ELANTRA | Score: 87 |
| 23 | FORD ESCAPE | Score: 84 |
| 24 | BMW X5 | Score: 83 |
| 25 | HONDA PILOT | Score: 83 |
Lowest Days on Lot Vehicles
Based on average days on lot for November
| 1 | TOYOTA 4-RUNNER | 20.5 days |
| 2 | TOYOTA RAV4 | 20.9 days |
| 3 | CHEVROLET EQUINOX | 21.1 days |
| 4 | BMW X3 | 22.7 days |
| 5 | TOYOTA HIGHLANDER | 24.0 days |
| 6 | RAM 1500 | 24.1 days |
| 7 | NISSAN ALTIMA | 24.8 days |
| 8 | MAZDA CX-5 | 25.1 days |
| 9 | TOYOTA COROLLA | 25.5 days |
| 10 | HONDA ODYSSEY | 25.7 days |
| 11 | TOYOTA TACOMA | 26.0 days |
| 12 | GMC SIERRA | 26.2 days |
| 13 | HONDA CIVIC | 26.3 days |
| 14 | HYUNDAI ELANTRA | 26.3 days |
| 15 | NISSAN ROGUE | 27.2 days |
| 16 | HONDA CR-V | 27.9 days |
| 17 | HONDA ACCORD | 28.1 days |
| 18 | CHEVROLET SILVERADO | 28.3 days |
| 19 | HYUNDAI SONATA | 28.7 days |
| 20 | FORD F-150 | 28.8 days |
| 21 | TOYOTA CAMRY | 28.9 days |
| 22 | BMW X5 | 29.0 days |
| 23 | FORD ESCAPE | 29.8 days |
| 24 | CHEVROLET TAHOE | 31.1 days |
| 25 | JEEP GRAND CHEROKEE | 31.3 days |
Days on Lot Trend in the Charlotte Region
November Used Inventory by Year and Mileage
All vehicles for sale in Charlotte
