Demand for new vehicles is still very strong and dealers still can’t get all the hot sellers they would like. At the same time, electric vehicles are stacking up on car dealer lots.
Our friends at iSeeCars.com looked at which vehicles were selling over sticker price, and which ones were selling for less than MSRP. Researchers say that inflation, interest rates, and employment concerns have had little impact on new car demand.
Key Takeaways
- The average new car is priced 8.5 percent above MSRP
- 20 Models are priced within 2 percent of MSRP – with these six priced below MSRP: Chrysler Pacifica Hybrid, INFINITI QX80, Ford F-150 Hybrid, Hyundai Ioniq 5, Chevrolet Silverado 1500 and Hyundai Ioniq 6.
Models Priced Below MSRP:
- Four of the six models priced below MSRP are hybrids or electric, suggesting a reduced demand for “green” cars
- 20 Models are priced 18 percent or more above MSRP, including the Jeep Wrangler Unlimited, Mini Hardtop, Genesis GV70, Cadillac CT4-V, and the Porsche Taycan.
To see the full iSeeCars.com report, click here →
Photo Credit: Wellnhofer Designs