Buying a car has always been a great purchase, but during the pandemic it has become particularly difficult for the wallet.
Dealers want thousands of MSRPs for popular models from Ford, Jeep and more.
Car shopping site iSeeCars has identified the 15 models with the worst dealer markings.
Almost three years after the global pandemic, some of the effects of the virus still remain, including the extraordinarily high prices for new cars.
According to a recent study by car shopping site iSeeCars, dealers want, on average, 10% more MSRP for new vehicles. Compare that to pre-pandemic times, when salespeople were handing out aggressive discounts to drive cars off their plots.
But that’s not the worst. The analysis found that some of the most popular cars were listed for up to 24% of the suggested sticker price.
This means that if you want a hot model like the Jeep Wrangler, Porsche Cayenne or Ford Bronco, you’ll have to pay more than the cars of these brands are worth – sometimes almost $17,000.
Read more: Used cars are getting cheaper. Here’s a breakdown of how prices moved from Scions to Jeeps.
Parts shortages have disrupted vehicle production worldwide, leaving US dealers millions of fewer cars to sell.
Read more: 11 best hybrid SUVs that will save you gas in 2022
Under the fundamental laws of supply and demand, they can now get top dollar for vehicles they have in stock. And buyers pay.
See the 15 highest priced models above MSRP below. They are sorted by the percentage of stickers that dealers ask for.
15. Genesis GV80
Asking price: 18% above MSRP or $10,124
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14. Ford Maverick
Asking price: 18.4% or $4,614 above MSRP
13. Jeep Gladiator
Asking price: 18.5% or $8,478 above MSRP
12. Lexus RX 350L
Asking price: 18.8% or $9,423 above MSRP
11. Mini Hardtop
Asking price: 18.8% above MSRP or $5,426
10. Mercedes-Benz GLB
Asking price: 19% or $7,650 above MSRP
9. Chevrolet Corvette
Asking price: 19.5% on MSRP, or $14,697
Read more: Plug-in hybrids may be your best weapon against high gas prices. These 12 models can save you the most money.
8. Porsche Cayennes
Asking price: 19.6% or $16,750 above MSRP
7. Cadillac CT5
Asking price: 19.9% above MSRP or $8,335
6. Jeep Wrangler Unlimited (four-door)
Asking price: 20% above MSRP or $8,877
5. Ford Bronco
Asking price: 21.6% or $8,697 above MSRP
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4. Lexus RX450h
Asking price: 21.9% or $10,847 above MSRP
3. Genesis GV70
Asking price: 22.4% or $10,278 above MSRP
2. Porsche Macan
Asking price: 23.1% on MSRP, or $14,221
1. Jeep Hunter
Asking price: 24.4% or $8,433 above MSRP
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