Demand for new vehicles is still very high, and dealers still can't get all the hot sellers they would like. At the same time, electric cars are piled up on the lots of car dealers. Our friends fromiSeeCars.comlooked at which vehicles sold above sticker price and which sold for less than MSRP. Researchers say inflation, interest rates and employment concerns have had little impact on demand for new cars.
Key learning points
- The average new car costs 8.5 percent above the recommended retail price
- Twenty models are priced within 2 percent of the suggested retail price, of which these six are pricedbelowRecommended retail price:Chrysler Pacifica-hybrid,INFINITI QX80,Ford F-150 Hybrid,Hyundai Ioniq 5,Chevrolet Silverado 1500InHyundai Ioniq6.
Models with a price below the recommended retail price:
- Four out of six models priced below MSRP are hybrid or electric cars, indicating declining demand for 'green' cars
- Twenty models have a price of 18 percent or moreoverMSRP, including Jeep Wrangler Unlimited, Mini Hardtop,Genesis GV70, Cadillac CT4-V en Porsche Taycan.
To view the full iSeeCars.com report, click here →
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