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Motor1
Motor1
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Chris Bruce

Genesis GV70 And Nine Other Vehicles Selling For Over 20% Above MSRP

During the worst times of the Covid-19 pandemic and subsequent chip shortage, folks who needed a vehicle sometimes paid over the sticker price for a new car. New research from ISeeCars looked at the models that were still going for over MSRP and found that the ones with the highest markups were mostly premium offerings. The table below shows the figures.

Model Average MSRP Average Price Percent Difference Between Price and MSRP
Genesis GV70 $44,299 $56,476 27.5 Percent
Jeep Wrangler $35,827 $44,396 23.9 Percent
Mercedes-Benz GLB-Class $41,061 $50,452 22.9 Percent
Porsche Taycan $100,169 $122,940 22.7 Percent
Jeep Wrangler Unlimited $45,386 $55,347 21.9 Percent
Cadillac CT4-V $57,737 $69,904 21.1 Percent
Genesis GV80 $56,388 $68,240 21.0 Percent
Porsche Macan $61,589 $74,275 20.6 Percent
Cadillac CT5 $41,870 $50,383 20.3 Percent
Lexus RX 350h $49,339 $59,347 20.3 Percent
National Average $41,637 $45,296 8.8 Percent
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