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The US Car Markup Index

By Marcus Bell, Editor · Updated September 11, 2026 · Updated daily

As of September 11, 2026, across the 1,304,345 new vehicles in this index, the average dealer discount is -$1,711 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

1,306,386

With a dealer price

1,304,345

Avg vs MSRP

-$1,711

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 $1,711 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 Nautilus10,074+$4,5030%
Lincoln Aviator3,350+$4,5000%
Genesis G90602+$3,0051%
Genesis GV80 Coupe1,029+$2,1310%
Lincoln Navigator7,405+$1,6910%
Genesis GV806,737+$1,5141%
Genesis GV708,288+$1,2212%
Lexus GX944+$1,12048%
Genesis GV60172+$9961%
Genesis G801,365+$9171%
Cadillac CT5-V234+$90492%
Genesis G702,672+$9033%

Biggest discounts

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

ModelListingsAvg vs MSRPAt/Below MSRP
RAM 150067,366-$7,204100%
Chrysler Pacifica4,139-$5,393100%
GMC Hummer EV Pickup441-$5,30698%
Ford Escape551-$5,069100%
Jeep Gladiator16,027-$4,932100%
Dodge Charger8,524-$4,861100%
RAM 350010,197-$4,711100%
Jeep Grand Cherokee41,203-$4,610100%
GMC Hummer EV SUV612-$4,58699%
Jeep Cherokee15,606-$4,481100%
Ford Mustang Mach-E4,914-$4,227100%
Ford F-15056,781-$4,226100%

Markup by brand

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

BrandListingsAvg vs MSRPAt/Below MSRP
Lincoln20,897+$3,4930%
Genesis21,008+$1,3481%
Lexus28,439+$12751%
Cadillac15,763+$8892%
Toyota277,150-$11766%
Chevrolet42,958-$12698%
Buick21,091-$214100%
Kia174,747-$923100%
Subaru84,629-$96769%
GMC69,592-$2,00296%
Dodge19,931-$2,356100%
Ford265,694-$2,651100%
Jeep145,385-$3,304100%
Chrysler4,751-$5,043100%
Ram112,310-$5,853100%

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.