The 15 Most Overpriced New Automobiles on the Market Proper Now

As anybody who’s just lately purchased a brand new car could already know, it’s not a great time to purchase one. The market didn’t escape the pandemic unscathed by the availability chain points which have plagued different industries; on this case, a microchip scarcity is in charge for a lot of the manufacturing hold-up.

With low provide and excessive demand, it’s no shock that sellers are ratcheting up the costs on the new cars they do have. What may be extra shocking is simply how a lot. After crunching the numbers on 1.9 million new automobile listings, analysts at iSeeCars determined that the typical worth of a brand new car is roughly 10 % larger than the producer’s steered retail worth (MSRP).

“In today’s market, consumers are willing to pay well above sticker price for new cars because inventory is so scarce and because they know that new car pricing is not expected to improve until 2023 at the earliest,” iSeeCars government analyst Karl Brauer explained.

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However if you happen to can’t wait months for costs to sink to a extra modest stage earlier than springing for a fresh set of wheels, you may a minimum of attempt to keep away from the extra overpriced fashions. iSeeCars compiled a handy listing of the highest 15, beginning with the Jeep Wrangler—whose common worth is a staggering 24.4 % above the MSRP. New Jeeps normally won’t be your greatest wager for a cheap car. Two others made the listing, together with the four-doored Jeep Wrangler Limitless and the pickup Jeep Gladiator. 

Loads of luxurious SUVs will price you a fairly penny greater than the MSRP as of late, too. Seven fashions landed on the listing, from the glossy Porsche Macan in second place to the Genesis GV80 within the final spot.

See which different vehicles made the highest 15 under, and check out the full study here.

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1. Jeep Wrangler // 24.4 %
2. Porsche Macan // 23.1 %
3. Genesis GV70 // 22.4 %
4. Lexus RX 450h // 21.9 %
5. Ford Bronco // 21.6 %
6. Jeep Wrangler Limitless // 20 %
7. Cadillac CT5 // 19.9 %
8. Porsche Cayenne // 19.6 %
9. Chevrolet Corvette // 19.5 %
10. Mercedes-Benz GLB // 19 %
11. MINI Hardtop 2 Door // 18.8 %
11. Lexus RX 350L // 18.8 %
12. Jeep Gladiator // 18.5 %
13. Ford Maverick // 18.4 %
14. Genesis GV80 // 18 %

[h/t iSeeCars]

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