Car shopping has become a frustrating endeavor for many in recent years, as the strained new car inventories have led to markups and elevated prices across the board. However, a recent study by iSeeCars brings a glimmer of hope for buyers, revealing a handful of models that are actually selling at a discount – a rarity in today’s world. While most of these vehicles are electric, a few surprising contenders have made the list as well. Although these discounts may not be substantial, they provide some relief to consumers who have been facing inflated prices for far too long.<\/p>\n
Electric and hybrid vehicles, such as the Kia EV6 and Ford models, have experienced strong demand and challenging production runs, resulting in premium pricing for quite some time. However, the iSeeCars study indicates that these vehicles are now selling at a discount. While this may raise concerns about wavering buyer demand, it is too early to sound any serious alarm bells. It is possible that the market is simply adjusting after an initial surge in demand for these eco-friendly options.<\/p>\n
Among the models selling below MSRP, the Nissan Armada and Infiniti QX80 stand out as unexpected entries. These large SUVs have traditionally held their value well, making their appearance on the list quite intriguing. It is worth noting that the discounts on these models, like the other vehicles, are not substantial. However, their inclusion suggests that even traditionally sought-after vehicles are not immune to the current market trends.<\/p>\n
While a few models are becoming more affordable, the overall industry average is still heading in the wrong direction. According to the study, the average Manufacturer’s Suggested Retail Price (MSRP) of new cars sold last month was $42,510, while the average sales price was $46,077. This 8.4% overage is surprising, considering that it has been quite some time since the worst of the pandemic. However, Karl Brauer, iSeeCars’ executive analyst, offers a glimmer of hope, stating that while there are still few “deals” in the new car market, diligent shoppers can find a small number of models available below sticker price.<\/p>\n
Brauer’s statement emphasizes the need for thorough research when seeking a new car at a discounted price. With limited options available, prospective buyers must be diligent in their search, comparing prices and exploring different dealerships to find the best possible deal. While the current market conditions may be challenging, it is not impossible to secure a new car at or below MSRP for those willing to put in the effort.<\/p>\n
Car shopping in the current market has been a frustrating experience for many, with inflated prices becoming the norm. However, the iSeeCars study offers a glimmer of hope, revealing a handful of models that are selling at a discount. While these discounts may not be substantial, they provide some relief to consumers who have been facing elevated prices for far too long. Whether it’s electric vehicles, surprising entries like the Nissan Armada and Infiniti QX80, or the industry average heading in the wrong direction, the study sheds light on the current state of the car market. While finding a new car below MSRP may require diligent research, it is not an impossible feat for those willing to put in the effort.<\/p>\n","protected":false},"excerpt":{"rendered":"
iSeeCars Study Reveals a Handful of Models Selling Below MSRP, Mostly Electric Car shopping has become a frustrating endeavor for many in recent years, as the strained new car inventories have led to markups and elevated prices across the board. However, a recent study by iSeeCars brings a glimmer of hope for buyers, revealing a […]<\/p>\n","protected":false},"author":2,"featured_media":9641,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-9640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cars"],"_links":{"self":[{"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/posts\/9640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/comments?post=9640"}],"version-history":[{"count":0,"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/posts\/9640\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/media\/9641"}],"wp:attachment":[{"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/media?parent=9640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/categories?post=9640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/tags?post=9640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}