New-Car Market Index
Are new-car prices dropping? A daily read on what the average new car actually sells for versus sticker. Updated Jul 1.
Over the last 12 days, the average new car in our fixed basket of high-volume models sold for $586 below MSRP — the discount has deepened — buyers are gaining a little leverage, from $546 below on Jun 18. 89.3% of priced listings are below sticker right now.
Fixed basket of the models tracked on both Jun 18 and Jul 1 (weighted by priced inventory), so adding new brands can’t move the line. Markup = selling price − MSRP; negative = below sticker.
Getting cheaper
Biggest discount gains over the period (markup fell most).
Firming up
Discounts shrinking / markups rising most.
- Mustang Mach-E+$166now $2,901 below
- LX+$161now $230 over
- LX 700h Hybrid+$160now $90 over
- Ranger+$152now $275 below
- GX+$130now $861 over
- Escalade IQL+$124now $62 below
How this is measured
Every day we snapshot new-car inventory across 147 models and every US state, recording each model’s selling price versus MSRP. The headline index tracks a fixed basket — the models present on both the first and most recent day — weighted by priced inventory, so it reflects real price movement, not changes in what we track. It’s the kind of dated, national markup history no other tool publishes. Explore the underlying data on the data hub, weekly findings on Insights, or a specific model’s trend on its model page.