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Ford Bronco Among Top 10 Fastest Selling New Cars Of June 2022
7/19/22
The sixth-generation Ford Bronco has been one of the hottest vehicles on the planet since its launch for the 2021 model year, steadily eating into its competitor’s sales in spite of being plagued by numerous production issues. Demand quickly exceeded Ford’s production capacity for the 2022 model year as well, prompting the automaker to stop taking orders while the models that were built are selling for far more than MSRP, with any sort of deals or incentives proving impossible to find. The Ford Bronco Raptor followed suit and sold out rather quickly for the 2022 model year, while the regular model was also one of the top 20 fastest-selling new vehicles earlier this year, a title that it retained in June, according to new data from iSeeCars.
In that particular month, the Ford Bronco ranked as the ninth fastest-selling new vehicle on the market, taking just 21.5 days to move at an average selling price of $57,579. That ranks it behind the list-topping Subaru Crosstrek (12.9 days), Honda Civic (14.1), Subaru Forester (14.7), Honda CR-V (17.7), Subaru Impreza (18.5), Kia Telluride (18.6), Kia Forte (18.6), and BMW X3 (19.4) in that regard.
To obtain this data, iSeeCars analyzed over 224,000 new and used cars sold in June 2022. Overall, the average new car took 37.2 days to sell during that time period with an average selling price of $42,706, the former of which representing a big increase over May, when those same vehicles took 33.1 days to move. At the same time, new vehicle prices continue to rise to new record levels with each passing month.
“Both new and used car prices rose in June over May as inventory constraints continue to plague the new and used car market,” said iSeeCars Executive Analyst Karl Brauer. “Rising interest rates and high gas prices have also heightened demand for more efficient and affordable vehicles.”
7/19/22
The sixth-generation Ford Bronco has been one of the hottest vehicles on the planet since its launch for the 2021 model year, steadily eating into its competitor’s sales in spite of being plagued by numerous production issues. Demand quickly exceeded Ford’s production capacity for the 2022 model year as well, prompting the automaker to stop taking orders while the models that were built are selling for far more than MSRP, with any sort of deals or incentives proving impossible to find. The Ford Bronco Raptor followed suit and sold out rather quickly for the 2022 model year, while the regular model was also one of the top 20 fastest-selling new vehicles earlier this year, a title that it retained in June, according to new data from iSeeCars.
In that particular month, the Ford Bronco ranked as the ninth fastest-selling new vehicle on the market, taking just 21.5 days to move at an average selling price of $57,579. That ranks it behind the list-topping Subaru Crosstrek (12.9 days), Honda Civic (14.1), Subaru Forester (14.7), Honda CR-V (17.7), Subaru Impreza (18.5), Kia Telluride (18.6), Kia Forte (18.6), and BMW X3 (19.4) in that regard.
To obtain this data, iSeeCars analyzed over 224,000 new and used cars sold in June 2022. Overall, the average new car took 37.2 days to sell during that time period with an average selling price of $42,706, the former of which representing a big increase over May, when those same vehicles took 33.1 days to move. At the same time, new vehicle prices continue to rise to new record levels with each passing month.
“Both new and used car prices rose in June over May as inventory constraints continue to plague the new and used car market,” said iSeeCars Executive Analyst Karl Brauer. “Rising interest rates and high gas prices have also heightened demand for more efficient and affordable vehicles.”
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