New-vehicle inventory has been extraordinarily low since the global factory shutdowns during the pandemic, not forgetting the additional strain from the persistent computer chip shortage. With limited inventory, new vehicle average transaction prices went through the roof and hit record highs in 2022. A recent iSeeCars analysis revealed that consumers experienced a brutal market in 2022, with dealerships marking up the average new car by up to 10% above the sticker price.

As a result of the economic chaos brewed by these issues, it's no surprise that many automakers are reporting sales declines compared to previous years. Nonetheless, some notable models have done well to break through the barriers and reach the most buyers. After crunching the updated sales figures for the first three quarters of 2022, here's a list of the hottest and best-selling new vehicles.

Related: 10 Cheap SUVs With The Best Safety Features

10 Toyota Highlander (164,451 Units)

2023 Toyota Highlander - Front
Toyota

The styling, practicality, generous standard features, and comfort of the 2022 Toyota Highlander make it a desirable family SUV and a formidable rival for the mid-size segment crown. Toyota pulled impressive sales figures by incorporating standard driver-assistance features and desirable infotainment systems standard across the entire lineup.

2023 Green Toyota Highlander rear view
via: Toyota

Despite having over ten trim levels this year, the Highlander failed to replicate the impressive first-quarter sales figures into the second quarter of 2022. With about 164,451 Highlander units finding new owners by September, it's safe to predict that Toyota will find it hard to beat last year's sales figures of 264,128.

9 GMC Sierra (169,106 Units)

2023 GMC Sierra Denali, front
Via: GMC

Although the powerful and purposeful Sierra is as versatile and capable of a workhorse as it ever was, GMC made the 2022 model considerably luxurious with more high-tech features. In addition to the substantial makeover, GMC offers the 2022 Sierra with a strong engine selection spread across the heavy-duty models and the light-duty Sierra 1500.

GMC Sierra Denali, side
Via: GMC

According to GMC records, sales figures for the Sierra dropped from 17,146 in August to 16,511 in September, the lowest margins of any month in 2022. The GMC Sierra crept into the top-ten best-seller list with 169,106 total sales, with a slight optimism for the annual figures to match last year's total of 248,923 units.

Related: 10 Reasons Why We're Really Looking Forward To The 2024 GMC Sierra EV Denali

8 Toyota Corolla (171,556 Units)

2023 Toyota Corolla Hybrid in red front third quarter view
via: Toyota

Offered as a sedan or hatchback, the 2022 Toyota Corolla is one of the most attractive and affordable cars in the compact segment. While rivals like the Mazda 3 and Honda Civic are more fun to drive, the Corolla makes up through numerous standard active safety features, fuel-efficient powertrains, and comfortable ride quality.

2023 Toyota Corolla Hybrid rear third quarter accelerating view
Toyota

After a slow start in the first quarter of 2022, Toyota Corolla sales peaked in the second, with May recording the highest figure of 25,099 units. Toyota's sales figures indicate 171,556 units sold in the first three quarters of 2022, suggesting a high probability of closing the year well within the range of last year's total of 223,215 units sold.

7 Jeep Grand Cherokee (172,544 Units)

2023 Jeep Grand Cherokee 4xe 30th Anniversary Edition - Front Quarter
Jeep

The beloved Grand Cherokee offers the rugged outdoor capabilities, and aesthetics enthusiasts expect from the Jeep brand, bolstered by its impressive on-road refinement. Jeep offers the Grand Cherokee in three powertrain options, including the familiar V-8, V-6, and a new 2022 plug-in hybrid.

2023 Jeep Grand Cherokee 4xe 30th Anniversary Edition11
Via Jeep

It's rare for a mid-size SUV to feature highly in the best-sellers list, but the Grand Cherokee enjoyed an impressively strong performance in the first half of 2022. With 172,544 units sold in 2022, we'll be even more impressed should the annual figures come close to last year's total of 254,445 units, the Grand Cherokee's best sales year in the last decade.

6 Honda CR-V (178,687 Units)

Honda CR-V 2023
via Honda

Admittedly, the Honda CR-V is not the classiest in its segment, and it might not accelerate anyone's heart rate with sheer performance. However, its spacious interior, standard active safety features suite, relaxing ride, and fuel-efficient powertrains make it one of the most compelling options in the compact crossover segment.

2023 Honda CR-V Sport Touring Three Quarters Image
Via: Honda

Honda's sales figures indicate 178,687 units sold in 2022, with the third quarter boasting the best margins compared to the previous two. Although the redesigned 2023 CR-V could boost CR-V sales in the last quarter of 2022, it's improbable for Honda to achieve anywhere near last year's impressive annual sales figures of 361,271 units.

Related: 10 Reasons Why You Should Consider Buying The 2023 Honda CR-V

5 Toyota Camry (214,403 Units)

2020 Toyota Camry TRD
via Toyota

The Camry is a compelling family sedan offering a stirring drive, advanced tech, and optimized fuel economy, making it a stellar option for daily driver duty. Thanks to its extroverted styling and performance-oriented TRD model, the Camry is the bestselling vehicle that's neither a pickup truck nor an SUV.

2020 Toyota Camry TRD
via Toyota

Interestingly, the Camry posted solid sales figures throughout the year, with September boasting the highest margins of 27,859 units sold. Toyota's records show 214,403 units sold across the first three quarters of 2022, meaning it's highly unlikely that annual Camry sales will surpass last year's respectable sales figure of 313,795 units.

4 Toyota RAV4 (270,141 Units)

2022 red Toyota Rav4 Prime
Via Toyota

Toyota's dominance of the best-sellers list continues with the RAV4; an SUV admired for its practicality, efficiency, smooth ride, and easy-to-use technology. The Toyota RAV4 is consistently one of the best-selling compact SUVs on the market, edging out segment rivals like the Subaru Forester, Hyundai Tucson, and Mazda CX-5.

Rear 3/4 view of the RAV4 Prime on the move
Toyota

Amid the supply chain issues and chip shortages, Toyota capitalized on demand to register strong sales figures throughout the year for its bestselling model. But considering Toyota reported lower RAV4 sales figures each year since 2020, it's not entirely surprising that 2022 margins are likely to fall short of last year's 407,739 units.

3 Ram Pickup (363,089 Units)

Red Ram 1500 TRX Parked Outside
via Ram

The Ram Pickup is arguably one of the most impressive models on the market, not just based on sheer capability but ride quality and luxury features. Despite heavy competition from Chevrolet, GMC, Toyota, and Ford offerings, its powerful powertrains and diverse capabilities ensure it has no notable weaknesses.

Red Ram 1500 TRX Parked Outside
via Ram

The Ram Pickup had a strong start to the year, but after hitting a peak margin of 45,762 units sold in March, sales figures dipped slightly in the second and third quarters. Current sales figures for the Ram Pickup stand at 363,089 units sold, with Ram expected to register a drop from last year's margin of 569,389 units.

Related: This Is What Makes The Dodge Ram 1500 A Great Full-Size Truck

2 Chevrolet Silverado (379,024 Units)

Chevrolet 1500 Silverado Diesel - Front
Via Chevrolet Media

The Silverado is not as impressive as the Ram and Ford offerings in some regards, but it's still a formidable rival with a snazzy cabin, a diverse range of engine options, and much-improved tech features. Additionally, the Silverado edges its competition by offering a hybrid model and an innovative self-driving feature compatible with a trailer.

Chevrolet 1500 Silverado Diesel - Side
Via Chevrolet Media

According to Chevrolet records, the Silverado sales gained momentum in the second quarter of 2022 to surpass its closest rival, the Ram Pickup. Thanks to a 2022 update with major enhancements and a flagship ZR2 trim, the Silverado pulled ahead with 379,024 units sold across the first three quarters.

1 Ford F-Series (467,307 Units)

Gray 2021 Ford F-150 Limited Cruising On The Road
Ford

The F-Series has an unparalleled reputation as a perennial best-seller, offering a model for every budget and style tailored to meet anyone's needs. Ford offers the F-Series in a wide range of body styles with several turbocharged powertrains, a hybrid option, and an all-electric spin-off.

Gray 2022 Ford F-150 On The Road
via Ford

Ford recorded the highest sales margin for the F-Series in July, with 63,341 units sold, while sales figures for the first three quarters stood at 467,307 units. With an off-road-oriented Rattler trim now added to the F-150 lineup for 2023, the Ford F-Series is well poised to see out the rest of the year atop the best-sellers list.