Automotive
New Car National Average Price Up 9%
Averages are weird, as long as one car sells for over MSRP the average price will be higher than the sticker. Maybe not 28% higher (looking at you, Genesis), but higher anyway.
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Data from last month shows the average price paid for new vehicles is up.
- 31% of new cars sold for over MSRP.
- The average price paid was over $45K, while the average MSRP for the vehicles would be closer to $42K.
A report by iSeeCars shared the vehicles with the ten highest premiums.
- Genesis GV70 +28%
- Jeep Wrangler +24%
- Mercedes-Benz GLB +23%
- Porsche Taycan +23%
- Jeep Wrangler Unlimited +22%
- Cadillac CT4-V +21%
- Genesis GV80 +21%
- Porsche Macan +21%
- Cadillac CT5 +20%
- Lexus RX 350h +20%
Of course, many other much smaller premiums bring the total difference to the earlier mentioned 9%.
