Charlotte Region Used Car Market Report

October 2022

Charlotte Region Used Car Market Report

October 2022

Used car sales trends for Charlotte and surrounding communities
October market trends based on used inventory from 318 dealers in the Charlotte region.
45.2 days
Average turn
Up 9.7%
35.4 days
Average vehicles sold per dealer
Down 2.7%
Average national wholesale values by month
Wholesale values continued to decline in October. Average wholesale values are down 5% from September and down 10% from the yearly high in June.

Retail Used Inventory Levels

Highest Demand Vehicles in Charlotte for October

Based on number of vehicles sold and average days on lot
1 HONDA ACCORD Score: 103
2 HONDA CIVIC Score: 102
3 TOYOTA RAV4 Score: 102
4 TOYOTA CAMRY Score: 101
5 FORD F-150 Score: 100
6 TOYOTA 4-RUNNER Score: 100
7 HYUNDAI SONATA Score: 97
8 BMW X3 Score: 96
9 NISSAN ALTIMA Score: 96
10 TOYOTA TUNDRA Score: 94
11 TOYOTA TACOMA Score: 94
12 JEEP WRANGLER UNLIMITED Score: 93
13 HYUNDAI ELANTRA Score: 93
14 TOYOTA HIGHLANDER Score: 93
15 NISSAN ROGUE Score: 93
16 TOYOTA COROLLA Score: 93
17 HONDA CR-V Score: 92
18 HYUNDAI TUCSON Score: 92
19 HYUNDAI SANTA FE Score: 91
20 CHEVROLET SILVERADO Score: 91
21 MAZDA CX-5 Score: 90
22 JEEP GRAND CHEROKEE Score: 89
23 HONDA PILOT Score: 89
24 MERCEDES-BENZ C-CLASS Score: 88
25 CHEVROLET EQUINOX Score: 88

Lowest Days on Lot Vehicles

Based on average days on lot for October
1 TOYOTA 4-RUNNER 18.4 days
2 TOYOTA RAV4 18.6 days
3 BMW X3 19.9 days
4 TOYOTA TUNDRA 20.3 days
5 HYUNDAI ELANTRA 21.2 days
6 HONDA CIVIC 21.3 days
7 TOYOTA COROLLA 22.2 days
8 HYUNDAI TUCSON 22.4 days
9 HYUNDAI SONATA 22.6 days
10 TOYOTA TACOMA 22.6 days
11 HYUNDAI SANTA FE 22.9 days
12 HONDA ACCORD 22.9 days
13 TOYOTA CAMRY 22.9 days
14 TOYOTA HIGHLANDER 23.5 days
15 MERCEDES-BENZ C-CLASS 25.0 days
16 MAZDA CX-5 25.1 days
17 JEEP WRANGLER UNLIMITED 25.1 days
18 HONDA PILOT 25.2 days
19 NISSAN ROGUE 25.7 days
20 FORD MUSTANG 26.1 days
21 NISSAN ALTIMA 26.2 days
22 CHEVROLET EQUINOX 27.2 days
23 FORD FUSION 27.7 days
24 HONDA CR-V 27.8 days
25 FORD F-150 28.1 days

Days on Lot Trend in the Charlotte Region

October Used Inventory by Year and Mileage

All vehicles for sale in Charlotte

Most Active Dealers

Based on number of vehicles sold
1 Sonic Automotive
2 CarMax - Independence Boulevard
3 CarMax - Gastonia
4 Hendrick Automotive Group
5 CarMax - South Boulevard
6 Scott Clark Toyota
7 Adams North Charlotte
8 Scott Clark Honda
9 Lake Norman Chrysler Dodge Jeep Ram
10 Mazda of South Charlotte
11 Mark Ficken Ford Lincoln
12 Gastonia Chevrolet Buick GMC
13 RideNow Concord
14 Capital Ford of Charlotte
15 Rock Hill Nissan
16 Tindol Ford
17 Toyota of Gastonia
18 Gastonia Nissan
19 Keith Hawthorne Ford
20 East Charlotte Nissan
21 Hi-Line Autohaus
22 Keffer Hyundai
23 Burns Ford of York
24 Parks Chevrolet Charlotte
25 Lake Norman Hyundai

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 77 Auto
6 Lift Auto Sales
7 Auto Revolution
8 EL JALISQUILLO AUTOS
9 Furrst Class Cars LLC
10 Right 1 Auto by Keffer
11 A & J Used Cars
12 Auto America
13 Iron Horse Motorcycles
14 Real Steal Auto Sales & Repair Inc
15 Godspeed Motors
16 iMotors And Trucks LLC
17 TOP GEARS MOTOR
18 Carflex Auto Inc
19 Godspeed Motors Inc
20 Carolina Auto Warehouse

Internet Search Trends

Interesting internet search trends from people in Charlotte
Toyota Minivan Up 84%
Used Nissan Rogue Up 27%
Buick Up 26%
Audi A4 Down 38%
Ford Bronco Sport Down 33%
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