The refreshed 2023 Ford Escape has thus far been a hit among not only new vehicle shoppers, but also critics, as the crossover has earned accolades including landing on Kelley Blue Book’s list of the most considered electrified vehicles on sale, as well as one of the best American vehicles one can buy from Consumer Reports. Now, that list continues to grow, as the Ford Escape Hybrid, in particular, has made the cut as one of the top 10 fastest selling new vehicles on the market according to data from iSeeCars – joining the Ford Maverick Hybrid in that regard.
In its latest analysis, iSeeCars found that the Ford Escape Hybrid ranked as the ninth-fastest selling new vehicle on the market after spending just 21.9 days on dealer lots, on average, which means that the electrified compact crossover trails the BMW X6 (10 days), Kia Rio (12.7 days), Maverick Hybrid (14.3 days), Kia Sportage Hybrid (15.5 days), Toyota Grand Highlander Hybrid (17.9 days), Lexus RX 350h (19.8 days), Toyota Camry Hybrid (21.4 days), and BMW X7 (21.6 days), in that regard, while also ranking ahead of the
Lexus NX 350h (21.9 days), as well as the overall industry average of 44.4 days.
To come up with this data, iSeeCars analyzed over 2.3 million vehicle transactions, and found that overall, both prices and selling times have eased from their pandemic-induced highs, as new models are selling slower and at a lower price versus one year ago. However, while EV prices and demand have dropped the most of any segment, hybrids remain red hot among new vehicle shoppers.
“Hybrid drivetrains have migrated from small hatchbacks to nearly every vehicle category over the past decade,” said Karl Brauer, iSeeCars executive analyst. “Today’s buyers can find hybrid technology in almost every new-car showroom. Their lower price and lack of range anxiety, when compared against EVs, is clearly resonating with consumers.”
We’ll have more on the Escape soon, so be sure and subscribe to Ford Authority for the latest Ford Escape news and non-stop Ford news coverage.
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