Top 10 Cars Americans Will Not Buy

Advertisement

car sales eventWorking with auto industry analytics organization Edmunds, 24/7 Wall St. identified the top 10 cars that Americans are not buying.

The average car sold in America sold 35,593 units in 2011, according to Edmunds. Eight of the cars on this list sold less than that. Five sold less than 15,000 units last year. In addition to having poor sales last year, overall sales of seven of the 10 dropped between 2009 and 2011. Total sales of five cars plummeted more than 30%. Two of the cars on this list have been discontinued, and several more may be in jeopardy.

Time on the lot or “days to turn” — the average number of days a vehicle is in dealer inventory before it is sold — appears to be an excellent proxy for how vehicles are selling. All of the car models on this list spent more than 90 days on the lot, considerably longer than the 52-day average.

Fuel efficiency appears to be a major factor for these cars’ poor sales. Six of the vehicles on the list have combined gas mileage — city and highway — of 25 MPG or less. And even when these cars belong to categories that generally get poor gas mileage, such as SUVs and pickups, they are still among the worst in their class.

Based on car reviews, poor quality appears to be hurting sales of the cars on this list as well. JD Power reviewed eight of the 10 models on the list. Only one car scored better than a 3 out of 5 in both “overall quality and design” and “initial quality” — considered only passable scores. Three models on this list only scored a 2 out of 5 in initial quality.

24/7 Wall St. obtained days-to-turn data for the full year 2011 provided by Edmunds. To avoid inconsistencies that can arise from small data sets, we only looked at vehicles that sold at least 10,000 units in 2011. We also looked at the list prices of these vehicles as provided by the dealer, fuel efficiency data from the U.S. EPA and quality ratings provided by JD Power & Associates and Consumer Reports. Edmunds also provided sales figures going back to 2006. All unit sales listed are U.S. only.

These are the top 10 cars Americans will not buy >>

This article first appeared on 24/7 Wall St. on May 3, 2012.

Dodge Ram 1500 Pickup

#10: Dodge Ram Pickup 1500

  • Days to Turn: 91
  • Price: $20,610
  • Configuration: 6 Cyl, 2 Door
  • MPG: 14 City, 20 Hwy

The Dodge Ram 1500 is the fourth-generation Dodge Ram and has been in production since 2009. Combined with all other Dodge Ram models, domestic 2011 sales reached 156,900. While the truck’s unit sales are far more than the rest of the vehicles on this list, they are far less than its own total sales from previous years. In 2006, the model sold 227,600 trucks. The 1500 has poor fuel efficiency, with 14 MPG in the city and 20 MPG on the highway. It also has particularly high owner costs, low predicted reliability and high predicted depreciation. JD power rates the vehicle just 2 out of 5 for initial quality, but gives the car high marks for overall quality and design.

Cadillac DTS

#9: Cadillac DTS

  • Days to Turn: 93
  • Price: $46,680
  • Configuration: 8 Cyl, 4 Door
  • MPG: 15 City, 23 Hwy

The Cadillac DTS was the automaker’s replacement for the Deville, which was phased out after 2005. Since it was introduced, sales of the vehicle have declined precipitously. In 2006, Cadillac sold nearly 60,000 units of the model. In 2010, it sold just 18,640 units. Last year, sales of the DTS were down to an all-time low of fewer than 12,000. A possible reason for these declining sales may have been the car’s terrible fuel economy. Cadillac discontinued the model, with 2011 being the last year of production, in order to make way for the coming XTS.

Suzuki SX4

#8: Suzuki SX4

  • Days to Turn: 93
  • Price: $16,999
  • Configuration: 4 Cyl, 5 Door
  • MPG: 23 City, 30 Hwy

Sales of the Suzuki SX4 increased roughly 8% between 2010 and 2011, from 11,600 units sold to 12,500. However, since the model was first introduced in 2007, sales have declined dramatically. From their peak in 2008 of just over 30,000 units, sales have fallen nearly 60% to 12,520 units last year. The SX4, for a compact crossover, has subpar gas mileage for a hatchback, and Consumer Reports gives the car mediocre ratings for ride, acceleration and depreciation, and a poor rating for overall satisfaction. JD power rates the vehicle just 2 out of 5 for initial quality. Average time on lot for the car, according to Edmunds, is 93 days.

Honda Element

#7: Honda Element

  • Days to Turn: 96
  • Price: $19,168
  • Configuration: 4 Cyl, 5 Door
  • MPG: 20 City, 25 Hwy

Honda (NYSE:HMC) debuted its compact crossover SUV, the Element, in 2003. Sales of the car have tumbled since. In its first year, the car sold more than 84,000 units. By 2006, Honda moved just 51,800 units. And by last year, sales of the Element had declined to just over 11,500 units. In 2010, Honda announced it would discontinue the model, with the 2011 edition the last year of production. Last year, the car spent an average of 96 days on the dealer lot.

Toyota Matrix

#6: Toyota Matrix

  • Days to Turn: 97
  • Price: $18,845
  • Configuration: 4 Cyl, 5 Door
  • MPG: 26 City, 32 Hwy

The Toyota (NYSE:TM) Matrix debuted in 2003 as a hatchback variation of the Corolla. The car, like its compact role model, gets decent gas mileage of 26 MPG in the city and 32 MPG on the highway. It also received very good reviews from Consumer Reports for reliability, owner costs and depreciation. Nevertheless, sales of the vehicle have been terrible. Toyota sold 49,400 units of the hatchback in 2008, 14,470 units in 2010 and less than 14,000 in 2011. The car averaged 97 days on the lot in 2011.

Toyota Yaris

#5: Toyota Yaris

  • Days to Turn: 97
  • Price: $14,115
  • Configuration: 4 Cyl, 3 Door
  • MPG: 30 City, 28 Hwy

Another small Toyota vehicle whose sales have struggled is the Yaris. This small, relatively fuel-efficient hatchback debuted in 1999 and became increasingly popular throughout the 2000s. In 2008, sales of the Yaris peaked at 102,328 units. In three short years, however, sales fell 68% to 32,700 vehicles sold in 2011. The car received a 41 out of 100 from Consumer Reports.

More from 24/7 Wall St. — American Companies With the Most Customers

Mazda6

#4: Mazda 6

  • Days to Turn: 100
  • Price: $20,725
  • Configuration: 6 Cyl, 4 Door
  • MPG: 22 City, 31 Hwy

The first generation of the Mazda 6 was released in 2006 as Mazda’s answer for the midsize Camry and Accord. While not terrible, the car has slightly worse gas mileage than the other two vehicles. This may have contributed to its declining sales. Between 2006 and 2011, domestic sales declined 41%, from 61,200 to 35,700. According to Consumer Reports, the car scored average to poor in owner satisfaction, predicted depreciation and fuel economy. JD Power ranks the car 3 out of 5 in both overall quality and design and initial quality.

Kia Rio

#3: Kia Rio

  • Days to Turn: 101
  • Price: $13,400
  • Configuration: 4 Cyl, 4 Door / 4 Cyl, 5 Door
  • MPG: 30 City, 40 Hwy

According to Edmunds, “As far as small economy cars go, there are better choices than the 2011 Kia Rio.” The average Kia Rio spent 101 days on the dealer lot in 2011, just shy of twice the length the average vehicle spent on the lot. Sales of the Rio, which comes in both subcompact and hatchback models, declined 18.3% between 2010 and 2011, from 24,600 to 20,100.

Nissan Titan

#2: Nissan Titan

  • Days to Turn: 106
  • Price: $28,520
  • Configuration: 8 Cyl, 2 Door
  • MPG: 13 City, 18 Hwy

The Nissan Titan was introduced in 2004 as the company’s full-size pickup. The Titan sold well in its early years. In 2007, Nissan sold 65,700 units of the truck in just one year. But by 2008, sales had declined nearly 50% to 34,000. In 2011, the truck sold just fewer than 22,000 in total. Rising gas prices may be a factor in this. The truck’s current generation has an abysmal estimated mileage of 18 MPG on the highway and just 13 MPG in the city.

Volkswagen Routan

#1: Volkswagen Routan

  • Days to Turn: 107
  • Price: $27,020
  • Configuration: 6 Cyl, 4 Door
  • MPG: 17 City, 25 Hwy

In 2005, Volkswagen entered into a partnership with Chrysler to develop its own minivan, using the American automaker’s Town & Country as the base model. The Routan, when it was introduced in 2008, became the first minivan made by the German company in North America. Sales, however, have been poor from the start. In 2009, the first full year of sales, just 14,600 units were sold. In 2010, sales were up slightly, to 15,900, but fell more than 20% to 12,470 in 2011. According to Edmunds, the car spent an average of 107 days on the lot — more than double the U.S. average.

More from 24/7 Wall St.


Article printed from InvestorPlace Media, https://investorplace.com/2012/07/top-10-unpopular-cars/.

©2024 InvestorPlace Media, LLC