Buying a car has always been a big purchase, but it has become especially hard on the wallet during the pandemic.
Dealers are asking thousands over MSRP for popular models from Ford, Jeep and others.
Car shopping website iSeeCars has identified the 15 models with the worst dealer markings.
Nearly three years after the global pandemic, some effects of the virus are still raging, including extremely high prices for new cars.
On average, dealers are asking 10% above MSRP for new vehicles, according to a recent study by car shopping website iSeeCars. Compare that to pre-pandemic periods when sellers were aggressively discounting to move cars off their lots.
But that’s not the worst. The analysis found that some of the most popular cars are listed for up to 24% above the suggested sticker price.
That means if you want a hot model like a Jeep Wrangler, Porsche Cayenne or Ford Bronco, you’ll need to spend thousands — sometimes nearly $17,000 — more than the brands think their cars are worth.
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Parts shortages have reduced vehicle production worldwide, leaving US dealers with millions fewer cars to sell.
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By the basic laws of supply and demand, they are now able to charge top dollar for the vehicles they have in stock. And buyers pay.
Check out the 15 models with the highest price above MSRP below. They are ranked by the percentage against the sticker that dealers are asking.
15. Genesis GV80
Asking price: 18% or $10,124 over MSRP
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14. Ford Maverick
Asking price: 18.4% or $4,614 over MSRP
13. Jeep Gladiator
Asking price: 18.5% or $8,478 over MSRP
12. Lexus RX 350L
Asking price: 18.8% or $9,423 over MSRP
11. Mini Hardtop
Asking price: 18.8% or $5,426 over MSRP
10. Mercedes-Benz GLB
Asking price: 19% or $7,650 over MSRP
9. Chevrolet Corvette
Asking price: 19.5% or $14,697 over MSRP
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8. Porsche Cayennes
Asking price: 19.6% or $16,750 over MSRP
7. Cadillac CT5
Asking price: 19.9% or $8,335 over MSRP
6. Jeep Wrangler Unlimited (four-door)
Asking price: 20% or $8,877 off MSRP
5. Ford Bronco
Asking price: 21.6% or $8,697 over MSRP
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4. Lexus RX450h
Asking price: 21.9% or $10,847 over MSRP
3. Genesis GV70
Asking price: 22.4% or $10,278 over MSRP
2. Porsche Macan
Asking price: 23.1% or $14,221 over MSRP
1. Jeep Wrangler
Asking price: 24.4% or $8,433 over MSRP
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