Stellantis Unable to Eliminate 2024 Dodges, and It's Not the Sole Company with Excess Inventory | Carscoops

      Numerous brands are left with aging 2024 inventory as stock exceeds 3 million, yet dealers are not significantly lowering prices.

      U.S. inventory surpassed 3 million vehicles in November 2025.

      The Dodge Hornet PHEV has 82.1% of its 2024 stock remaining unsold.

      Despite dealers offering discounts on older inventory, prices remain elevated.

      Determining the ideal time to purchase a new car is rarely simple, often depending on company-wide promotions or specific models. However, if your financial situation is stable, shopping ahead of a model-year transition can be beneficial.

      Dealers typically aim to eliminate old inventory, which can lead to substantial discounts. Currently, the number of unsold 2024 and 2025 models in the U.S. is unusually high.

      As noted in early December, many dealerships across the nation are contending with a surplus of inventory, with 2024 and 2025 models piling up in showrooms and facing difficulty in sales. While December may have provided the best opportunity for securing a favorable deal, it’s still advisable to continue searching into the new year.

      Recent market statistics indicate that, by the end of November, dealerships nationwide held 3,010,839 vehicles in stock. While 60.3 percent of these are 2026 models, a significant number of 2024 and 2025 models still remain available.

      Inventory levels have not been this high since November 2024, when they reached 3,206,209. Throughout the first ten months of 2025, inventory remained under 3 million, hitting a low point of 2,503,529 in May.

      Despite this inventory surplus, pricing has not significantly changed. The average listing price in November was $49,422, slightly above the previous peak of $48,843 in December 2024. Throughout most of 2025, prices fluctuated between $47,000 and $49,000, presenting a challenge for shoppers focused on value.

      “New vehicle prices are near record levels, posing a challenge for shoppers searching for a good deal on a new car,” stated Karl Brauer, executive analyst at iSeeCars. “However, if dealers are finding it difficult to sell older, leftover 2024 or 2025 models, it may present an opportunity for buyers seeking new car assurance and warranty coverage at a lower price.”

      Which Brands Are Left with 2024 Stock?

      Stellantis is facing an unparalleled issue with excess inventory. As of early December, Dodge dealers had 82.1 percent of the total 2024 inventory for the Hornet plug-in hybrid still unsold. This stands in stark contrast to the industry average of merely 0.4 percent for remaining 2024 inventory.

      Jeep and Alfa Romeo are also experiencing significant inventory challenges. The 2024 Jeep Grand Cherokee still had 70.8 percent of its stock unsold, while the Alfa Romeo Tonale Hybrid had 46.8 percent remaining available. This reflects the uneven sell-through rate across various brands and models.

      Among notable mentions, the discontinued Chevrolet Malibu ranks fourth on the 2024 list, with 31 percent of its inventory still on dealer lots. Although this figure is unusually high for a mid-size sedan priced under $27,000, it has reportedly been selling above MSRP, as indicated by Consumer Reports.

      Which 2025 Models Are Struggling?

      The figures for 2025 are not much better. The BMW i4 tops the list with 89 percent of its inventory still unsold, averaging $67,745. Lexus closely follows, with 88 percent of the GX 550 and 84 percent of the LX 600 still on dealer lots. The Subaru BRZ is also notable, with 87 percent unsold at an average price of $38,516.

      High-profile launches, such as the Toyota GR Corolla (83 percent unsold) and the Ford Maverick (79 percent for both gas and hybrid versions), are witnessing unexpectedly slow sales. Even Toyota, typically associated with quick sales, appears four times on the 2025 top 10 list, including models like the 4Runner Hybrid and Tacoma Hybrid. This broad representation indicates that strong brand recognition alone is inadequate to move inventory in the current market.

      For context, the industry-wide average for leftover 2025 inventory sits at just 21 percent, making these statistics particularly alarming.

      New Cars With the Most Leftover 2024 Inventory

      New Cars With the Most Leftover 2025 Inventory

      iSeeCars