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New Unsold 2019 Model Year Trucks

Leftover Inventory Can Spell A Great Deal!

It's no secret that some vehicles take longer to sell than others. The reasons can be many and might not relate to the vehicle at all. Sometimes it's a seasonal issue; it can be political or economic; or it can be even pandemic-related. Other times, it actually is related to the vehicle, as older models tend to move slower than new exciting ones. Dealers sometimes also order too much of a particular model. In any case, it's not unusual for previous model year vehicles to still be available alongside the newest.

New car sales have declined steeply in the first quarter of 2020 as the coronavirus has forced dealerships and factories to close. This has not only affected new 2020 model sales but has stagnated clearing out of the 2019 models as well. The folks at iSeeCars just released a study of 2019 model year vehicles with the most inventory remaining on dealer lots and the results are fascinating. To get these results, they analyzed more the data from than a million new cars for sale.

Out of all vehicles, it was the Dodge Caravan that topped the list, with a whopping 66.3 percent of 2019 inventory still remaining. The top truck on this is the Nissan Titan, which is shown as having 43.7 percent of inventory still on lots. Nissan sold about 31,000 Titans in 2019, so using those figures we can guess that there are about 13,500 2019 model Titans (and Titan XDs, we're assuming) floating around the country.

Looking at just pickups, Ford's Ranger takes the second spot with 41.9 percent remaining, followed by the Ram 1500 Classic at 39.4 percent. The numbers drop sharply from there, with Ford's F-150 and Honda's Ridgeline both having 16.4 percent still available. The national average for pickups came in at 15.4 percent in iSeeCars' study. And at the bottom of the list, the Toyota Tundra with just 4.3 percent of 2019 models remaining in inventory.

So, what's the takeaway from this? To us, it's looking quite a bit like there are some great deals to be had on new Titans, Rangers, and Ram 1500 Classics. And looking at the list, the only anomaly to us is Ranger, which was new for the 2019 model year. Both the 2019 Titan and Ram 1500 Classic are outgoing models, replaced by updated 2020 units.

New Pickup Trucks with Most 2019 Inventory (percent)

Nissan Titan - 43.7

Ram 1500 Classic - 39.4

Ford F-150 - 16.4

Ram 1500 - 15.1

GMC Sierra 1500 - 8.3

Toyota Tundra - 4.3

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Source: iSeeCars (www.iseecars.com)