iSeeCars analyzed its national inventory of over 1 million new cars for sale to determine which models have more inventory from the 2019 model year available. These cars provide opportunities for shoppers to get a good deal on a new vehicle and are likely to come with generous incentives.
“A surplus of vehicles from the 2019 model year might remain on dealer lots because a car’s popularity is declining, because car buyers want to wait for an upcoming redesign, or because dealers simply have too much inventory,” said iSeeCars CEO Phong Ly. “Automakers might also have a higher proportion of 2019 vehicles because production has been interrupted for 2020 vehicles due to the COVID-19 pandemic.”
Car dealers are currently advertising generous incentives and financing for new car models in the wake of the COVID-19 pandemic. “More significant deals may be found on its remaining 2019 inventory, so it’s important that consumers examine their options for both model years and understand their negotiating power on 2019 vehicles,” said Ly.
|Vehicles with Most 2019 Inventory by Segment and Size (iSeeCars Study)|
|Segment||Size||Vehicle||% 2019 Inventory|
|Compact Luxury||Alfa Romeo Giulia||32.8%|
|Midsize Luxury||Genesis G70||18.8%|
|Subcompact Luxury||Buick Encore||19.0%|
|Compact Luxury||Land Rover Discovery Sport||14.3%|
|Midsize Luxury||Land Rover Range Rover Velar||17.2%|
|Full-Size Luxury||INFINITI QX80||15.4%|
|Pickup Trucks||Compact||Ford Ranger||41.9%|
|Sports Car||Dodge Challenger||30.2%|
|Minivan||Dodge Grand Caravan||66.3%|
New Cars with the Highest 2019 Inventory
iSeeCars examined the cars with the highest percent of new inventory from 2019. The top 20 list includes a mix of cars from several vehicle types led by six SUVs. Each vehicle has at least 20 percent of its new car inventory from the 2019 year.
|New Cars with the Highest 2019 Inventory (iSeeCars Study)|
|Rank||Vehicle||% 2019 Inventory|
|1||Dodge Grand Caravan||66.3%|
|7||Ram Pickup 1500 Classic||39.4%|
|9||Alfa Romeo Giulia||32.8%|
|13||Volkswagen Golf GTI||27.1%|
|16||Honda Civic (Coupe)||22.7%|
The vehicle with the most remaining 2019 inventory is the Dodge Grand Caravan, which will be discontinued after the 2020 model year, with 66.3 percent. “The 2020 Dodge Grand Caravan is not available in 13 states due to emissions regulations, so dealers in those states are only selling new vehicles from the 2019 model year,” said Ly. “Current offers on a 2019 Grand Caravan include $4,250 cash allowance and 0.9 percent APR financing for 84 months.”
Three additional Dodge models make the list including the third-ranked Dodge Journey, the eleventh-ranked Dodge Challenger, and the eighteenth-ranked Dodge Charger. “Discontinued after 2020, the Dodge Journey is limiting its trim and engine options for its final year, and is only advertising deals on its new 2019 models which include up to $5,000 off MSRP” said Ly. “Meanwhile, the Dodge Charger saw record sales in 2019, but buyers may be opting for 2020 versions that have wider wheelbases including the SRT Hellcat and Scat Pack models.” Ly added, “Generous incentives are being offered on 2020 Charger and Challenger models including zero-percent financing and between $3,050 to $7,970 cashback.” Similar to the Journey, another discontinued American car makes the list: the Chevrolet Impala. “Although a reliable and highly-rated car, the discontinuation of the Impala shows that the large sedan isn’t in high demand,” said Ly.
Three more models from Dodge’s manufacturer Fiat Chrysler make the list including the second-ranked Chrysler 300, the seventh-ranked Ram 1500 Pickup Classic, and the ninth-ranked Alfa Romeo Giulia. “A victim of the declining sedan segment, the Chrysler 300 saw a steep 37 percent decline in sales for 2019, and a 2019 version has an additional $1,500 cashback offer over the 2020 version,” said Ly. “Moreover, Fiat Chrysler shut down multiple plants in January 2020 to align production with demand and mitigate excess inventory after 2019 brought a glut of unsold vehicles.”
Two more pickups make the list including the fourth-ranked Nissan Titan and the fifth-ranked Ford Ranger. “The 2020 Nissan Titan is discounted by up to $6,267, while the 2019 has almost $2,000 additional savings with up to $8,320 off MSRP,” said Ly. “Conversely, the Ford Ranger saw a 123 percent increase in 2020 sales over 2019, and plant shutdowns in the wake of the pandemic has led to lower-than-average inventory levels for 2020 versions of American trucks.”
Three Nissans join the Titan on the list to include the twelfth-ranked Nissan Sentra, the seventeenth-ranked Nissan Kicks, and the twentieth-ranked Nissan Maxima.”The Nissan Sentra was fully redesigned for 2020 with a sportier exterior and a more powerful engine,” said Ly. “Additionally, Nissan is offering generous financing deals for qualified buyers on 2020 models including zero-percent financing up to 60 months, zero payments for 90 days and Nissan will even make the first two payments on select models including the Maxima and the Kicks.”
Two Volkswagens make the list including the eighth-ranked Volkswagen Atlas and the thirteenth-ranked Volkswagen Golf GTI. “The popular Atlas was a top seller for Volkswagen in 2019 so there could have been increased production for 2019 models to meet demand, and since the 2021 Atlas has been released dealers will want to move 2019 inventory, ” said Ly. “Volkswagen is offering generous incentives on its 2019 and 2020 models including zero-percent financing for 72 months, no payments for six months, cashback incentives, and zero money down leases.” From Volkswagen’s luxury brand, the Audi Q7 also makes the list in sixth place. “The Audi Q7 was updated for 2020 to include a new engine and refreshed exterior styling, but a $2,000 rebate is offered on remaining 2019 versions.”
Also making the list are two Hondas including the sixteenth-ranked Honda Civic Coupe and the nineteenth-ranked Honda Passport. “All-new for 2019, the Honda Passport did not sell well, which led to end-of-year incentives in an attempt to boost sales,” said Ly. “Honda is allowing qualified buyers to defer payments up to 90 days as well as $1,000 towards new vehicle purchases and zero-down leases on 2020 models. Additionally, 2019 Passport models are eligible for zero percent financing for 60 months, while 2020 models offer 1.9 percent.”
A second coupe making the list is the fourteenth-ranked Ford Mustang. “For 2020, the Mustang improved its engine and added a high-performance package that increases the engine’s horsepower,” said Ly. “Buyers who opt for a 2019 Mustang can receive a $2,000 retail incentive versus $750 for the 2020 edition.”
Rounding out the list is the fifteenth-ranked Mitsubishi Outlander. “The Mitsubishi Outlander fails to stand out among its competitors in the compact SUV class, so the surplus of 2019 vehicles is a result of a low demand for the vehicle,” said Ly. “The Mitsubishi Outlander is currently advertising a $3,750 factory rebate for its remaining 2019 models.
|Vehicle Segments and Remaining 2019 Inventory|
Pickup trucks accounted for the second and third positions, with full-size in second at 15.8 percent followed by compact at 14.1 percent. “The high proportion of 2019 versions of pickup trucks is likely due to the shortage of 2020 models from production shutdowns,” noted Ly.
|Vehicles with Largest Change in Remaining Inventory Over Last Year|
|Rank||Vehicle||% 2019 Inventory (May 2020)||% 2018 Inventory (May 2019)||% Difference from 2019|
|3||Ram Pickup 1500 Classic||39.4%||1.2%||38.2%|
|7||Alfa Romeo Giulia||32.8%||8.2%||24.6%|
|8||Volkswagen Golf GTI||27.1%||6.4%||20.7%|
The vehicles with the largest change in inventory all appear on the overall list of vehicles with the most remaining 2019 inventory with the exception of the tenth-ranked Honda Fit.
“These vehicles with the greatest change in new car inventory from the previous model year either fell out of favor with consumers or there was a significant shortage of 2020 vehicles due to the COVID-19 pandemic,” said Ly.
|New SUVs with Most 2019 Inventory (iSeeCars Study)|
|Rank||SUV||% 2019 Inventory|
|11||Land Rover Range Rover Velar||17.2%|
|15||Mitsubishi Eclipse Cross||15.0%|
The list of SUVs with the most 2019 new car inventory include 10 additional models joining the six already on the overall list.
Three more Nissans join the fifth-ranked Kicks including the seventh-ranked Nissan Pathfinder, the tenth-ranked Nissan Armada, and the twelfth-ranked Nissan Murano. “Nissan has seen a decline in sales, and its aging SUV lineup has become less favorable than their competitors,” said Ly. “Nissan’s generous incentives on its 2020 models has led to the surplus of unsold 2019 vehicles.” Also making the list is the fourteenth-ranked INFINITI QX80, which is the luxury version of the Armada.
Ranked eighth is the Buick Encore subcompact SUV. “The Buick Encore is a popular subcompact SUV and its surplus of 2019 vehicles may be attributed to its incentives on its 2020 model which includes zero percent financing up to 84 months and a $1,500 cash rebate,” said Ly.
Two compact SUVs make the list including the ninth-ranked Jeep Renegade and the fifteenth-ranked Mitsubishi Eclipse Cross. “The Jeep Renegade saw a sales decline of over 20 percent in 2019, which can explain the surplus, and it is Jeep’s only 2019 model with advertised zero percent financing for 72 months,” said Ly. “As for the Mitsubishi Eclipse Cross, a $3,500 rebate is available on remaining 2019 models and buyers get an extra year of zero percent financing when they choose a 2019 version over 2020.”
The Toyota Highlander ranks thirteenth on the list. “The popular Toyota Highlander was redesigned in 2020, so it’s likely that buyers held out for the updated version,” said Ly. “A $2,000 cash rebate is available for the 2019 Highlander, which shows that significant savings can be found by opting for the previous generation of the vehicle.
Rounding out the list are two luxury midsize SUVs: the eleventh-ranked Land Rover Velar and the sixteenth-ranked Lincoln Nautilus. “The Land Rover Range Rover Velar is offering zero-percent financing on its 2020 models and there are no advertised incentives for remaining 2019 vehicles, said Ly. “However, the Lincoln Nautilus, which was new for 2019, is offering a $4,500 cash incentive for its remaining 2019 models.”
New SUVs With the Most 2019 Inventory By Size
|iSeeCars New SUVs with Most 2019 Inventory (By Size)|
|Rank||SUV||% 2019 Inventory|
|2||Mitsubishi Eclipse Cross||15.0%|
|3||Land Rover Discovery Sport||14.3%|
|6||Land Rover Range Rover Velar||17.2%|
|3||Cadillac Escalade ESV||12.1%|
New Pickup Trucks With the Most 2019 Inventory
iSeeCars examined the pickup truck segment to see which trucks had the highest percentage of 2019 inventory. Four had a higher percentage than the 15.4 percent average for the segment.
|New Pickup Trucks with Most 2019 Inventory (iSeeCars Study)|
|Rank||Pickup Truck||% 2019 Inventory|
|3||Ram Pickup 1500 Classic||39.4%|
|Pickup Truck Average||15.4 %|
|6||Ram Pickup 1500||15.1%|
|7||Chevrolet Silverado 1500||12.2%|
|9||GMC Sierra 1500||8.3%|
Two additional pickup trucks fare above average for the segment and join the three from the overall list of models with the highest percentage of remaining 2019 vehicles.
Ranked fourth is the Ford F-150. “The demand for pickup trucks did not decrease in the wake of the COVID-19 pandemic, which led to shortages for 2020 models due to factory shutdowns,” said Ly. “This especially impacted the Ford F-150, which is the most popular pickup truck model. However, deals can be found on 2019 versions including zero-percent financing for 84 months and deferred payment options.”
The second model with above-average 2019 inventory is the Honda Ridgeline. “Both the 2019 and the 2020 versions of the Honda Ridgeline currently offer current Honda owners with $1,000 toward a new vehicle, but the 2019 version offers a better financing option,” said Ly.
When examining which hybrid vehicles had the most 2019 new car inventory, ten models fell above the 5.8 percent average for the segment.
|New Hybrid Vehicles With the Most 2019 Inventory (iSeeCars Study)|
|Rank||Vehicle||% 2019 Inventory|
|1||Mitsubishi Outlander PHEV||46.5%|
|2||Honda Clarity Plug-In Hybrid||35.7%|
|3||Lincoln MKZ Hybrid||25.0%|
|4||Hyundai Ioniq Plug-In Hybrid||20.0%|
|5||Honda Accord Hybrid||12.1%|
|7||Lexus ES 300h||9.0%|
|8||Hyundai Ioniq Hybrid||8.9%|
|9||Ford Fusion Energi||8.2%|
|10||Ford Fusion Hybrid||5.9%|
|Hybrid Vehicle Average||5.8%|
The top-ranked Mitsubishi Outlander has 46.5 percent of its new car inventory from the 2019 model year. “The Mitsubishi Outlander PHEV saw a steep decrease in sales in 2019 over 2018, which could help explain its inventory surplus,” said Ly. “Further, 2019 models have an additional $2,000 factory rebate compared to 2020 models.”
Two standard hybrid Honda models make the list; the fifth-ranked Honda Accord Hybrid and the sixth-ranked Honda Insight. “The Honda Accord Hybrid is among the best-rated hybrid models, but it isn’t as popular as its competitors,” said Ly. “The Honda Insight returned to the market in 2019 after a five year hiatus, so consumers likely opted for a hybrid with an established reputation instead.”
The standard hybrids join their plug-in counterparts on the list including the Hyundai Ioniq Hybrid and the Ford Fusion Hybrid. “The Hyundai Ioniq is among the most-efficient and lowest-priced hybrids in its class and savings of up to $3,250 can be found on its 2019 models,” said Ly. “While Ford doesn’t advertise any incentives for its 2019 Fusion Hybrids, some can be found for more than $4,000 below MSRP.”
When looking at electric vehicles, three vehicles fall above the 22.6 percent average for the segment.
|New Electric Vehicles With the Most 2019 Inventory (iSeeCars Study)|
|Rank||Vehicle||% 2019 Inventory|
|2||Hyundai Kona EV||35.7%|
|Electric Vehicle Average||22.6%|
|4||Chevrolet Bolt EV||20.0%|
Two new for 2019 electric vehicles round out the list including the Hyundai Kona EV and the Jaguar iPace. “The Hyundai Kona EV struggled to keep up with demand in key markets in the U.S. in the beginning of the year, which could have led to an increase in production,” said Ly. “The Jaguar I-Pace did not sell as many vehicles as anticipated and supply far exceeded demand.”
Major Metros With the Most 2019 New Car Inventory
iSeeCars looked specifically at the top 20 largest metropolitan areas to see which had the most unsold 2019 inventory:
|Metro Areas With the Most 2019 New Car Inventory (Ranking of 20 Largest Metros)|
|Rank||Metro Area||% 2019 Inventory|
|1||Cleveland-Akron (Canton), OH||21.5%|
|2||Boston, MA-Manchester, NH||16.0%|
|6||Washington, DC (Hagerstown, MD)||10.6%|
|7||Los Angeles, CA||10.2%|
|8||New York, NY||10.0%|
|11||Minneapolis-St. Paul, MN||9.0%|
|14||San Francisco-Oakland-San Jose, CA||8.7%|
|15||Miami-Ft. Lauderdale, FL||7.6%|
|17||Orlando-Daytona Beach, FL||7.5%|
|18||Dallas-Ft. Worth, TX||7.3%|
|20||Tampa-St Petersburg (Sarasota), FL||5.7%|
The metro area with the most unsold 2019 inventory is Cleveland, which has nearly double the amount as the overall average.
Top 50 Metros With the Most 2019 New Car Inventory
iSeeCars broadened the list to examine the top 50 largest metropolitan areas to see which had the most unsold 2019 inventory:
|Metro Areas With the Most 2019 New Car Inventory (Ranking of 50 Largest Metros)|
|Rank||Metro Area||% 2019 Inventory|
|1||Greensboro-Winston Salem, NC||25.5%|
|3||Cleveland-Akron (Canton), OH||21.5%|
|4||San Diego, CA||20.3%|
|6||Boston, MA-Manchester, NH||16.0%|
|12||Grand Rapids-Kalamazoo, MI||11.8%|
|13||Kansas City, MO||11.7%|
|14||Las Vegas, NV||11.5%|
|18||Washington, DC (Hagerstown, MD)||10.6%|
|19||Los Angeles, CA||10.2%|
|20||Albuquerque-Santa Fe, NM||10.2%|
|21||New York, NY||10.0%|
|23||Oklahoma City, OK||9.6%|
|26||Raleigh-Durham (Fayetteville), NC||9.4%|
|29||Minneapolis-St. Paul, MN||9.0%|
|30||Salt Lake City, UT||8.9%|
|33||San Francisco-Oakland-San Jose, CA||8.7%|
|38||Hartford & New Haven, CT||8.0%|
|39||West Palm Beach-Ft. Pierce, FL||7.9%|
|41||Miami-Ft. Lauderdale, FL||7.6%|
|43||San Antonio, TX||7.5%|
|44||Orlando-Daytona Beach, FL||7.5%|
|45||Dallas-Ft. Worth, TX||7.3%|
|46||St. Louis, MO||7.2%|
|50||Tampa-St Petersburg (Sarasota), FL||5.7%|
The metro area with the most unsold new vehicles from 2019 is Greensboro-Winston Salem, North Carolina at 25.5 percent.
Analysis by State
iSeeCars further analyzed the data to rank the states by their percentage of 2019 new car inventory.
|Most 2019 New Car Inventory: Ranking of States|
|Rank||State||% 2019 Inventory|
“It’s important that consumers be aware that 2019 new vehicles are still for sale and can be found with significant savings off the sticker price,” said Ly. “Consumers who want a good deal on a new car should consider these vehicles and specifically the models on these lists because dealers want to push their 2019 models off the lot and will be more open to negotiation.”
iSeeCars.com analyzed over 1 million new cars listed for sale as of May 8, 2020. The share of each model from the 2019 model year was used to rank them. Heavy-duty trucks and cars, and models that were not in production as of the 2020 model year were excluded from further analysis. Lower-volume models were excluded from the main analysis but included to examine hybrid and electric vehicles.
iSeeCars.com is a car search engine that helps shoppers find the best car deals by providing key insights and valuable resources, like the iSeeCars VIN check reports. iSeeCars.com has saved users over $220 million so far by applying big data analytics powered by over 25 billion (and growing) data points and using proprietary algorithms to objectively analyze, score and rank millions of new cars and used cars.