10 Electric Cars that Dealers Can’t Sell ! | Here is why!

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Published 2023-12-04
The automotive industry is increasingly producing more electric vehicles (EVs) to compete with Tesla. However, a significant challenge is the lack of sufficient demand. Not all consumers are convinced about the benefits of EVs. While some electric models are popular, others are less so. Buyers are taking a more cautious approach, considering factors like price and charging infrastructure. This suggests that increasing the market share of EVs might be more challenging than previously anticipated. To offer up-to-date insights, we've compiled data on EV inventory from CarEdge. This data highlights which electric models are remaining unsold at dealerships for extended periods. We've organized these models by their "Market Day Supply," indicating the number of days needed to sell the existing inventory at the current sales pace.

All Comments (21)
  • @timruehle
    I looked at a Ford Mach-E a few months ago. The dealership added $15,000 to the sticker price as a "market adjustment"! I laughed all the way out of the showroom.
  • No bailouts for the auto industry. Tell the auto industry and their supporters in Congress don't even think of asking for a bailout. Not again. Never again.
  • @biscuitninja
    When i looked at a lot of electric vehicles, every single one of them had between 20-30% markup. I have zero wonder why they aren't selling well. GREED is taking over.
  • @pinkypoohable
    I have owned an EV for nearly two years. The main problem I have with it is the fluctuation and depreciation of range from full charge. It’s hard to trust the numbers when you are doing long distance driving. The anxiety is real because the distance travelled doesn’t reliably reflect the numbers being shown in the car. There are too many factors that affects the battery range aside from distance. Outside temperatures particularly in the height winter and summer drastically affects the range. I think EVs are only beneficial in city driving where breathable air quality is important particularly in an urban environment. It shouldn’t be marketed as an all around do it all car because it’s not. Like towing for example.😅
  • @kevinw1090
    I think the true reason is that most consumers can't afford one even if they want to buy an EV.
  • @lalutte65
    I don’t understand how all these manufacturers failed to conduct a complete market survey before investing billions in inventory they cant sell—there is also a matter of affordability 80-90% of household wouldn’t qualify to finance them
  • The car companies seemingly don't know what the consumers want, and the dealer markups are just incredible. everyone has to get money yeah, but as if im going to buy a basic electric car for the price of one that is gas powered and is premium.
  • @meow7983
    It’s the same situation in singapore. Dealer that only have EV available for fighting for market share, while dealers that have both ICE/hybrid and EV are pricing their EV higher and complain that EV are too expensive to sell
  • @steveb1972
    Until electric cars are the same price as regular cars they’ll not sell to regular people!
  • @truhartwood3170
    Would be good to compare these models that aren't selling to the models that are in order to highlight why they're not selling.
  • @jokerface20
    When a new battery costs almost the cost of a brand new car, often more, that's just absurd
  • @rickuyeda4818
    The first Nissan Leaf was $44K. A top of the line Prius, at the time, was $26K.
  • @teardowndan5364
    As an apartment dweller who wouldn't be able to charge at home, EVs make no economic sense since fast-charging all of the time is as expensive as gasoline, is likely to cause premature battery failure, takes 10X longer for half the range and costs 10-20k$ more up-front.
  • In the case of the Lightning, Ford has made the mistake of restricting the extended range battery in the Pro model to fleet sales only. They are also focusing on the high end Lariat and Platinum trims. People shopping for a truck in that price range want a truck that is equipped EXACTLY as they wish. Ford has 3000 dealers in the US, so 9000 trucks works out to 3 per dealership. There is not much likelihood that with only three units that one is going to have the trim level, options, and color a buyer wants. My local dealer has exactly ONE on hand compared to over 60 regular F150's. It's a Platinum with a MSRP close to 100K. Not many buyers at that price.
  • @mraidymaddful
    Here in the UK on Auto Trader the difference in price from low to high for the Jaguar I-Pace is quite ridiculous. At the cheap end there is a 2020 car with 88,000 miles for £17,490 and at the other end of the scale there is one for £86,630. This is for more or less the same model. Personally I wouldn't have either of them. I'll stick with my turbo diesel Juke and not get range anxiety and knowing that when the temperature drops below -5 my car will start, run and get me to my destination regardless of how far it is. And what's more, I will get there sooner than an electric car of the same power. Here's a quick tip for all you car manufacturers out there. 1. Build cars that people want. 2. Create a charging infrastructure that is common and reliable (like the Supercharger network) 3. Build small and cheap as not everyone can afford vehicles that cost £30K+. It's no wonder is it really that, manufacturers build these ridiculous machines that cost up to and over £100K+ and can't sell them. Personally I think it serves them right for not listening to the consumers...................
  • @TheNotehead
    I guess I'm pretty fortunate, I recently bought a Chevy Bolt EV and it was right at MSRP and it's a great little car. Drives beautifully, it's comfortable, premium sound system, heated seats and steering wheel, plenty of safety features, and about 260 miles per charge. The obvious downside is that it has rather slow charging, but we have no intention of taking it more than 200 miles away — we still have an aging ICE car that would be fine for that if the need arises. We're very happy with the Bolt.
  • @triplem9805
    Here in the UK there are hundreds of thousands - maybe millions - of homes in towns and cities that front direct onto the street and have no garage or vehicle pull-in. That makes it virtually impossible for people living in those homes to charge an EV overnight. Seems to me a pretty big obstacle to their acceptance - which is why used ICE car values will skyrocket once the ban on new sales hits in a mere dozen years' time..
  • @jtee9548
    I've heard rumblings about EV insurance rates and simple fender bender body shop repair rates being higher for some brands. $15-$20k or more for a new battery doesn't sound like fun either.
  • @jamesspencer3197
    I bought a new Kia Niro EV EX Premium in Dec 2020 to get $7,500 tax credit, effectively lowering net price to ~$35K with dealer sale price & military discount. Later bought a used 2021 Tesla Model S Performance with FSD purchased + other options, with 19K mileage in Mar 2023 from a private party. Niro has been great, now with 18K miles, no problems, with range > advertised at ~250 mi & no discernible degradation at this point. Tesla had sensor go out, preventing FSD from engaging, but was fixed under warranty. Tesla mileage now ~25K with only 5% battery degradation. With home wall charger installed (state of VA gave partial tax credit), have only charged Kia twice outside home & Tesla twice (including drive home from NY after purchase). I still own an old Chevy pickup truck for occasional hauling items too big for either car, but only buy gas for it every 2-3 months. May eventually buy EV pickup but need is not that great. Regarding others' comments on range, I keep both cars charged between 20-80% range. Kia Niro has twice gotten down to 2% (daughter) & 3% (me) but range kept extending as car automatically started shutting down systems to extend range & got us home safely.
  • @TomSimba
    The focus on high-end, fancy models completely dismissed the need for affordable transportation the average folks are looking to buy. EVs are selling well in Europe and Asia because their lineup includes lots of entry and economy models that people can afford.