“The normally popular Ford Escape also has new competition within Ford’s own product line, with the all-new 2021 Ford Bronco Sport making headlines and spurring interest.” The Bronco Sport and Escape share platforms and are similar in price and size.įive additional Ford vehicles make the list including the second-ranked EcoSport, the fourth-ranked Expedition, the fifth-ranked Expedition Max, the eighth-ranked Ford Ranger, and the sixteenth-ranked Ford F-150. “Ford Escape sales dropped by 26 percent in 2020 compared to 2019, and Ford didn’t begin production of the 2021 version until early January,” said Brauer. The vehicle with the highest share of 2020 inventory remaining is the Ford Escape, with 90.4 percent of its new car inventory coming from the 2020 model year. New Cars with the Highest Share of 2020 Inventory (iSeeCars Study) These cars not only provide negotiation opportunities right now, but many of these vehicles can present even greater savings opportunities as more 2021 vehicles enter the pipeline.” New Cars with the Highest Share of 2020 Inventory While the average new model has 22.5 percent of its inventory remaining from the 2020 model year, 24 models have at least 1.5 times that amount on dealer lots. “This is likely because automakers had to delay releases of their new vehicles and because inventory hasn’t completely stabilized. “When looking at inventory in 2021, there is 9.5 percent less new car inventory from the current model year compared to the same time last year,” said iSeeCars Executive Analyst Karl Brauer. To determine which vehicles have the highest share of remaining 2020 model year vehicles available, iSeeCars analyzed over 700,000 new cars for sale. However, some models have more remaining 2020 inventory than others, making them more likely to provide discounts for new car shoppers. In 2021, new car sales are showing signs of recovery, and shoppers looking for a new vehicle have the choice of buying a vehicle from the previous model year, 2020, or the current model year, 2021. The COVID-19 pandemic led to a decline in new vehicle sales in 2020 due to lessened demand and inventory constraints from production shutdowns.
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