Honda Accord Hybrid A Hot Commodity

Honda’s Accord Hybrid currently sits as fifth and only hybrid in the Edmund’s list of the top 10 fastest-selling vehicles in the U.S. last November.

Edmunds.com released its list December 18 to help purchasers of those vehicles better manage their expectations before they start negotiations.

According to Edmunds.com’s days to turn (DTT) statistics, which measure how long a vehicle sits on a dealer’s lot before it’s sold, the average Range Rover sold in November, holding top spot, was on sale at a dealer’s lot for just nine days. The Chevrolet Corvette, Jeep Cherokee and Land Rover Range Rover Sport all tied for the second slot, at 10 days to turn (DTT).

The Honda Accord Hybrid ranks fifth with 11 days to turn.

Other popular vehicles ranking in last month’s top 10 include the Mercedes-Benz CLA-Class (14 DTT), Subaru Forester (17 DTT) and Mitsubishi Mirage (18 DTT).

By comparison, the average new car sold in November sat on a dealer lot for 59 days.

It is important to keep in mind the demand for a “hot” car presents a dilemma, added Edmunds.com: while shoppers are attracted to these vehicles’ new and unique features, they also come with a higher price tag.

“Dealers offer few – if any – incentives on the newest, most buzz-worthy cars, and shoppers will likely have very little room to negotiate,” says Edmunds.com Consumer Advice Editor Carroll Lachnit. “So if shoppers are patient enough to wait a few months for the buzz to subside, they’re more likely to score a better deal.”