Car Sales Madness Continues: Dealer Markups Highest for Cadillacs, Land Rovers, Kias | Edmunds

Edmunds.comEdmunds.com Member, Administrator, Moderator Posts: 10,316
edited February 2022 in General
imageCar Sales Madness Continues: Dealer Markups Highest for Cadillacs, Land Rovers, Kias | Edmunds

Customers are paying huge markups for Cadillacs, Land Rovers and Kias, but what else is new? Well, not all brands are getting more than MSRP these days, and we've got examples. Overall, though, 2022 thus far has been a new year with the same madness, and here's the Edmunds sales data to prove it.

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Comments

  • Buzzi75Buzzi75 Member Posts: 1
    What is the methodology of this data? How do you calculate ATP vs. Markup? Since this news article has gone viral, I'd like to know the data behind this! Thanks so much for compiling this. Very useful for potential buyers?
  • BusyTampaMommyBusyTampaMommy Member Posts: 1

    Unfortunately, my car is dying, so I need a new one. Used cars have over a 30% markup in my area, and new cars have at least $5K added to the MSRP for dealer fees. This should be illegal.

  • MichaellMichaell Moderator Posts: 259,878

    Unfortunately, my car is dying, so I need a new one. Used cars have over a 30% markup in my area, and new cars have at least $5K added to the MSRP for dealer fees. This should be illegal.

    Simple supply and demand, unfortunately.

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