These 20 cars have the highest dealer markups over their sticker price
Alexa St. John
- Average new car sticker prices have risen 7.4 percent from $39,712 last June to $42,645 this June.
- On top of that, dealers are still charging an average of $4,000 above that MSRP.
It's no secret that many cars aren't exactly affordable today, as new vehicles had an average sticker price of $42,645 in June. And for certain makes and models of cars, it doesn't stop there — hefty markups are still tormenting today's buyers.
Dealers tacked on an average of $4,000 in markups to vehicle Manufacturer's Suggested Retail Prices in June, bringing the average price up 8.5% to $46,265, according to automotive research firm iSeeCars.com.
But some vehicles are getting marked up by as much as 17 to 30%.
It's part of an affordability crisis that has car payments averaging more than $700 this year and more than 17% of consumers paying more than $1,000 a month, according to Edmunds. But even with increasing interest rates, rising monthly payments, and more car loan rejections, there's still strong demand for new vehicles.
See the 20 vehicles priced the highest above sticker price, per iSeeCars:
Jeep Wrangler Unlimited
Average sticker price (MSRP): $41,966
Average price: $54,970
Percent above MSRP: 31%
MINI Hardtop 2-Door & 4-Door
Average sticker price (MSRP): $29,632
Average price: $37,237
Percent above MSRP: 25.7%
Genesis GV70
Average sticker price (MSRP): $45,568
Average price: $56,974
Percent above MSRP: 25%
Cadillac CT4-V
Average sticker price (MSRP): $58,716
Average price: $72,622
Percent above MSRP: 23.7%
Porsche Taycan
Average sticker price (MSRP): $101,970
Average price: $124,577
Percent above MSRP: 22.2%
Toyota Corolla Cross Hybrid
Average sticker price (MSRP): $27,996
Average price: $33,951
Percent above MSRP: 21.3%
Mercedes-Benz GLB
Average sticker price (MSRP): $42,032
Average price: $50,947
Percent above MSRP: 21.2%
Mercedes-Benz E-Class Wagon
Average sticker price (MSRP): $87,619
Average price: $106,081
Percent above MSRP: 21.1%
Porsche Macan
Average sticker price (MSRP): $63,041
Average price: $76,197
Percent above MSRP: 20.9%
Lexus RX 350h
Average sticker price (MSRP): $51,243
Average price: $61,364
Percent above MSRP: 19.7%
Ford Maverick
Average sticker price (MSRP): $25,892
Average price: $30,998
Percent above MSRP: 19.7%
Cadillac CT5
Average sticker price (MSRP): $41,676
Average price: $49,743
Percent above MSRP: 19.4%
Genesis GV80
Average sticker price (MSRP): $58,187
Average price: $69,189
Percent above MSRP: 18.9%
Mercedes-Benz GLA
Average sticker price (MSRP): $39,926
Average price: $47,392
Percent above MSRP: 18.7%
MINI Countryman
Average sticker price (MSRP): $34,710
Average price: $41,136
Percent above MSRP: 18.5%
Porsche 718 Cayman
Average sticker price (MSRP): $92,921
Average price: $110,042
Percent above MSRP: 18.4%
BMW M5
Average sticker price (MSRP): $109,900
Average price: $129,852
Percent above MSRP: 18.2%
MINI Clubman
Average sticker price (MSRP): $36,471
Average price: $43,082
Percent above MSRP: 18.1%
MINI Hardtop 2-Door EV
Average sticker price (MSRP): $31,206
Average price: $36,789
Percent above MSRP: 17.9%
BMW X1
Average sticker price (MSRP): $39,096
Average price: $46,056
Percent above MSRP: 17.8%
Popular Right Now
Popular Keywords
Advertisement