Lincoln Corsair Among Slowest Selling Used Cars Of March

Though it’s long been touted as a solid and reliable option in the compact luxury crossover space, the Lincoln Corsair has also historically fallen victim to sharp depreciation once it rolls off dealer lots – as is the case with Lincoln models and many others, in general. In fact, in certain parts of the U.S., the Lincoln Corsair recently ranked as one of the top models experiencing the largest drop in terms of value between used and new examples, making it a bit of a bargain in the used market, specifically. In spite of this, the Lincoln Corsair also ranked as one of the slowest-selling one-to-five-year-old used vehicles in March 2024, according to new data from iSeeCars.

The Lincoln Corsair ranked as the fourth slowest-selling used vehicle of that vintage last month after spending 73.4 days on dealer lots on average, a figure that lags far behind the overall used vehicle average of 34.2 days. Of course, it certainly wasn’t alone in that regard, as the Corsair was joined by a host of other luxurious models, which are sitting on dealer lots far longer than most – accounting for 13 of the top 20 spots, in fact, while very vehicle on this list took between 56 and 150 days to find a new owner. Year over year, used vehicles are spending 30.5 percent longer on lots versus March 2023, too.

“While premium brands dominate the slowest-selling used car list, we also see six mainstream brands, six electric cars, and three hybrids,” said Karl Brauer, iSeeCars Executive Analyst. “Many of these cars are older designs available for a substantial savings off their new-car equivalent. Between the gradual drop in new car pricing and consistent slow-down in their sales pace, it’s like watching a giant machine slowly wind down. New cars are still more expensive than before Covid, and they’re still selling at a reasonable rate, but the pendulum has clearly swung the other direction.”

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