Minnesota Dealer Markups & New Car Prices

Live markup data from 29 Minnesota dealers across 3,847 active listings. Updated daily.

Active listings
3,847
Avg markup in state
-$272
National avg markup
-$302
% priced below MSRP
80.2%

The short version

Minnesota dealers are charging an average markup of -$272 over sticker, which is roughly in line with the national average of -$302 (a 10% premium). Of 3,847 current listings, 80.2% are priced below total MSRP, the strongest signal of a negotiable deal.

Markup by model in Minnesota

ModelListingsAvg markup (MN)Avg markup (US)Median price% below MSRP
RAV4591+$140+$346$42,27066.3%View →
Tacoma552-$1,055-$739$47,57989.9%View →
Camry476-$499-$361$36,75487.8%View →
Tundra377-$1,233-$1,553$67,46486.2%View →
Corolla245-$308-$212$26,67878.4%View →
Sienna245+$144+$284$52,76565.3%View →
Corolla Cross228-$167-$91$34,52086.8%View →
Grand Highlander Hybrid175+$127+$273$58,51869.1%View →
4Runner142-$112-$279$54,08272.5%View →
Grand Highlander106+$9-$28$57,36667.9%View →
Highlander Hybrid80+$168+$79$58,36263.8%View →
4Runner Hybrid79-$226-$277$63,98473.4%View →
Land Cruiser69-$307+$9$71,71076.8%View →
Sequoia59-$996-$357$85,05884.7%View →
TX42-$1,295-$323$67,840100%View →
RX Hybrid41-$85+$57$66,059100%View →
Prius33-$464-$163$33,98497%View →
RX31-$461-$100$63,245100%View →
IS28$0+$50$54,178100%View →
XT525$0+$193$61,244100%View →
LYRIQ22+$4,086+$2,988$71,27086.4%View →
Highlander22+$36-$43$54,24768.2%View →
Optiq19+$3,651+$780$60,06089.5%View →
GX17+$12+$360$87,73788.2%View →
NX Hybrid15-$20+$98$59,45493.3%View →
CT413$0+$2,981$49,570100%View →
GR8612-$387+$55$37,88491.7%View →
TX 500h Hybrid11-$1,796-$265$73,977100%View →
RX 450h+ Plug-in10-$467-$249$77,885100%View →
Escalade IQ9-$1,333+$2,873$135,765100%View →
CT58$0+$2,104$58,380100%View →
GR Supra8+$150+$589$65,31262.5%View →
NX 450h+ Plug-in7-$214-$332$67,255100%View →
NX7$0+$6$50,554100%View →
LX 700h Hybrid7+$614-$429$123,92385.7%View →
Vistiq7+$14,006+$5,911$82,21585.7%View →
Escalade6+$20,806+$4,018$123,00583.3%View →
XT65+$13,612+$4,924$68,49380%View →
LX5$0-$492$116,582100%View →

How this is calculated

Markup is the difference between a vehicle's advertised selling price and its total sticker price — MSRP plus any dealer-installed options or add-ons printed on the window sticker. A negative markup means the vehicle is being sold below total sticker, which is the clearest indicator of a genuine discount. State averages are calculated across every active listing at dealers in Minnesota and refreshed every 24 hours.

We only include models with at least five active listings in Minnesota so averages are statistically meaningful. Markets with fewer listings can swing dramatically on a single pricing decision, so those are intentionally excluded from this report.

Related: state-by-state markup report · what a markup is · how to negotiate