Mullah Yakoub, the Taliban founder's son, and Sirajuddin Haqqani, an implacable foe of US forces, were seen as the two frontrunners for the job after Mansour was killed Saturday in a rare American drone strike deep inside Pakistan.
"Yakoub has refused to accept the role, saying he is too young for it," a senior Taliban source in northwest Pakistan told AFP.
"Mansour's deputy and operational head of the Haqqani network, Sirajuddin Haqqani, has also refused due to personal reasons."
The insurgents have yet to officially confirm the death of Mansour, which has thrown the deeply factionalised Taliban into disarray nine months after he was elevated to the Taliban leadership following a bitter power struggle.
"The main challenge is to save the Taliban movement from being further divided," another Taliban source said, adding that supreme council members were constantly changing the venue of their meetings to avoid potential air strikes.
Other candidates in the fray include Mullah Abdul Ghani Baradar, the movement's former deputy who is said to be close to the Pakistani military establishment.
He was jailed by Pakistan in 2010 but freed in September 2013 as part of efforts to boost Afghanistan's peace process. He has since been reported to be under house arrest by Pakistani authorities.
Mullah Adbul Qayyum Zakir, considered one of the group's most violent and committed commanders, is another leading contender.
The complicated search for a new leader risks igniting a new succession battle within the Taliban, which saw its first formal split last year.
"The Taliban movement is passing through a very crucial stage. We need a conciliator not a warrior to take his place," one of the Taliban sources said, citing some of the commanders at the supreme council meetings.
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