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The US Car Markup Index

By Marcus Bell, Editor · Updated October 26, 2026 · Updated daily

As of October 26, 2026, across the 1,796,767 new vehicles in this index, the average dealer discount is -$1,554 vs MSRP, and 86% are listed at or below sticker. Honda, Acura and Hyundai are left out of every figure on this page. Acura carries no dealer asking price at all, and the Honda and Hyundai prices we hold come from a dealer-website scrape that has not reached the whole brand, so an average over them would describe the dealers we have read rather than the brand.

Vehicles in this index

1,812,447

With a dealer price

1,796,767

Avg vs MSRP

-$1,554

At/Below MSRP

86%

Every new vehicle listed at a US dealer carries a manufacturer’s MSRP — the “sticker” — and a dealer’s actual advertised price. The gap between them is the markup (or, increasingly, the discount). VINdow Sticker computes it for every listing with a published price and re-runs the numbers daily; this page is the national roll-up.

The market average right now sits at $1,554 below MSRP, but the average hides a wide spread: the models below are where dealers are charging the most over sticker, and where they’re discounting hardest. These are advertised prices — a negotiated deal often beats them.

Most marked-up models

Highest average price over MSRP (models with 150+ current listings).

ModelListingsAvg vs MSRPAt/Below MSRP
Lincoln Aviator2,105+$5,1830%
Lincoln Nautilus11,088+$4,0000%
Lincoln Navigator7,797+$3,0860%
Genesis G90633+$3,0071%
Genesis GV80 Coupe1,082+$1,8590%
Genesis GV807,408+$1,4811%
Cadillac CT5-V186+$1,46690%
Lexus GX1,180+$1,44231%
Genesis GV709,418+$1,2072%
Genesis GV60188+$9811%
Genesis G703,123+$9632%
Genesis G801,484+$9561%

Biggest discounts

Lowest average price vs MSRP — the models dealers are moving below sticker.

ModelListingsAvg vs MSRPAt/Below MSRP
RAM 150092,442-$5,382100%
GMC Hummer EV Pickup329-$4,76498%
Jeep Gladiator16,215-$4,561100%
Dodge Charger8,732-$4,425100%
GMC Hummer EV SUV531-$4,26498%
RAM 350016,591-$4,259100%
Ford F-15089,284-$4,162100%
RAM ProMaster4,588-$3,995100%
RAM 250032,537-$3,600100%
Jeep Cherokee13,870-$3,533100%
Ford Mustang Mach-E4,337-$3,480100%
Jeep Grand Cherokee67,804-$3,303100%

Markup by brand

Average dealer price vs MSRP by brand (brands with 500+ priced listings).

BrandListingsAvg vs MSRPAt/Below MSRP
Lincoln20,990+$3,7790%
Genesis23,443+$1,3211%
Cadillac37,441+$10294%
Lexus32,990+$5345%
Toyota329,011-$10555%
Chevrolet139,503-$10699%
Buick51,625-$20899%
Kia186,506-$918100%
Subaru87,525-$95669%
GMC156,979-$2,00797%
Dodge23,816-$2,095100%
Ford359,466-$2,562100%
Jeep182,616-$3,032100%
Chrysler11,190-$3,119100%
Ram153,666-$4,671100%

Methodology: figures cover new vehicles currently listed at US dealers with a published dealer price, excluding implausibly-low feed prices (below 78% of MSRP). Honda, Acura, and Hyundai are excluded from markup figures. Acura’s listings carry no dealer selling price at all. For Honda and Hyundai we now hold a dealer price on part of the inventory but not all of it, so ranking them here would put a partial sample against brands we cover in full. Updated daily from dealer and manufacturer inventory feeds.