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Tennessee Dealer Markups & New Car Prices

Live markup data from 249 Tennessee dealers across 35,694 active listings. Updated daily.

Active listings
35,694
Avg markup in state
-$1,348
National avg markup
-$1,527
% priced below MSRP
81%

The short version

Tennessee dealers are charging an average markup of -$1,348 over sticker, which is roughly in line with the national average of -$1,527 (a 12% premium). Of 35,694 current listings, 81% are priced below total MSRP, the strongest signal of a negotiable deal.

Markup by model in Tennessee

ModelListingsAvg markup (TN)Avg markup (US)Median price% below MSRP
F-1501,778-$3,974-$4,199$62,675100%View →
Tacoma1,505-$782-$527$47,26770.4%View →
Super Duty1,452-$1,781-$2,172$85,683100%View →
RAV41,410+$1,090+$554$41,88716.7%View →
RAM 15001,365-$5,345-$5,491$59,084100%View →
Sierra 15001,283-$2,033-$2,250$67,95096.5%View →
Silverado 15001,237-$59-$83$63,25099.9%View →
Bronco1,032-$2,836-$2,872$55,768100%View →
Tundra1,002-$1,960-$1,665$69,70775.1%View →
Bronco Sport994-$2,681-$2,503$35,605100%View →
Wrangler968-$3,177-$3,294$52,518100%View →
Camry947+$125+$39$37,02851.3%View →
Grand Cherokee943-$2,782-$3,350$50,220100%View →
Explorer887-$2,059-$2,238$51,845100%View →
Outback797-$604-$1,251$47,18661.6%View →
Silverado 2500 HD718+$24-$203$70,75596.8%View →
Sierra 2500 HD684-$2,687-$2,984$87,28098%View →
RAM 2500635-$3,972-$3,670$72,694100%View →
Corolla572+$801+$235$27,20523.4%View →
Corolla Cross464+$743+$226$32,84131.3%View →
Expedition458-$192-$229$85,278100%View →
Forester444+$2-$719$39,60955.2%View →
Maverick433-$910-$946$34,680100%View →
Seltos432-$738-$653$30,726100%View →
K4426-$715-$573$25,455100%View →
Sportage425-$908-$752$33,094100%View →
4Runner415+$552+$8$60,44140%View →
Ranger408-$1,868-$2,005$41,710100%View →
Sienna400+$1,329+$406$54,28913.5%View →
Gladiator388-$4,745-$5,249$50,792100%View →
Acadia358-$1,070-$1,197$54,31897.2%View →
Crosstrek356-$298-$897$36,54156.5%View →
K5355-$770-$690$31,210100%View →
Envista354-$246-$150$30,412100%View →
Mustang329-$1,939-$1,892$40,930100%View →
Sorento317-$1,036-$891$38,214100%View →
Yukon316-$1,206-$1,101$95,24094.9%View →
RAM 3500312-$4,531-$4,345$77,060100%View →
Grand Wagoneer298-$327-$353$80,495100%View →
Carnival295-$1,315-$1,087$47,507100%View →
Telluride Hybrid272-$1,738-$1,542$55,527100%View →
Yukon XL267-$1,202-$1,812$97,17093.5%View →
Compass265-$2,054-$2,177$32,755100%View →
Enclave255-$455-$330$56,105100%View →
Encore GX253-$191-$141$30,785100%View →
Grand Highlander Hybrid237+$1,341+$536$61,11516.9%View →
Durango234-$579-$791$51,560100%View →
Grand Highlander224+$1,276+$282$60,39613.4%View →
Nautilus214+$4,000+$4,000$73,0850%View →
Terrain214-$184-$316$41,94191.3%View →
Ascent205-$8-$1,092$51,47754.2%View →
Charger205-$4,160-$4,421$56,675100%View →
Cherokee204-$3,949-$3,572$39,300100%View →
Pacifica202-$3,606-$3,150$46,118100%View →
Envision198-$263-$214$48,835100%View →
Sequoia196-$271-$816$86,72446.9%View →
Sportage Hybrid192-$939-$833$36,247100%View →
Navigator190+$3,137+$3,001$116,3950%View →
Escalade167+$258+$57$129,77595.7%View →
GV80162+$1,452+$1,479$79,4680.6%View →
Land Cruiser158+$1,053+$360$74,48014.6%View →
Canyon153-$922-$1,245$47,35296.1%View →
Telluride151-$1,364-$1,266$49,237100%View →
XT5144-$26-$48$60,595100%View →
Carnival Hybrid129-$1,455-$1,287$50,363100%View →
GV70128+$1,144+$1,206$59,9202.4%View →
4Runner Hybrid125+$1,135+$143$66,37928%View →
K4 Hatchback107-$879-$764$27,173100%View →
RAM 3500 Chassis Cab103-$2,024-$1,942$72,935100%View →
RX98+$947-$28$64,15632.7%View →
CT596-$51+$213$58,140100%View →
WRX95-$561-$823$38,68864.1%View →
Highlander Hybrid93+$1,629+$410$60,06116.1%View →
Silverado 3500 HD84-$161-$52$79,848100%View →
G7075+$977+$955$55,4204%View →
Sierra 3500 HD75-$2,529-$2,738$89,31598.7%View →
LYRIQ70$0+$210$67,390100%View →
NX67+$743-$40$56,87838.8%View →
Sorento Hybrid65-$1,318-$1,106$44,226100%View →
TX62+$534-$193$70,92051.6%View →
RAM ProMaster56-$4,000-$3,998$52,893100%View →
Aviator54+$5,204+$5,181$85,1650%View →
Prius53+$319+$63$36,96647.2%View →
RAM 5500 Chassis Cab53-$2,189-$1,865$79,155100%View →
Highlander44+$1,263+$168$57,54825%View →
Escalade ESV43+$310+$53$132,05095.3%View →
G8042+$961+$952$81,5132.4%View →
GR8640+$749+$191$40,74927.5%View →
GR Corolla39+$1,200+$58$49,42335.9%View →
Mustang Mach-E38-$3,500-$3,481$49,650100%View →
ES 300h Hybrid36+$919+$345$58,04344.4%View →
RX Hybrid35+$1,168+$399$68,13322.9%View →
GV80 Coupe35+$1,913+$1,885$91,3700%View →
Optiq34-$213-$36$55,89594.1%View →
RAM 4500 Chassis Cab34-$2,162-$1,921$78,840100%View →
Impreza31-$149-$640$30,69251.6%View →
Corvette Stingray31-$140+$85$95,03593.5%View →
IS29+$803-$43$57,49327.6%View →
Niro29-$931-$680$33,302100%View →
Vistiq27$0+$176$81,638100%View →
TX 500h Hybrid24+$160-$170$78,13958.3%View →
G9019+$2,763+$2,997$105,5305.3%View →
Voyager19-$3,224-$3,119$39,740100%View →
Corvette Z0616-$1,130-$234$139,50593.8%View →
LX 700h Hybrid15+$104-$460$124,44366.7%View →
Tacoma Hybrid15-$545-$667$67,19860%View →
GX15+$1,634+$1,631$87,75513.3%View →
LX14+$798+$97$120,20342.9%View →
NX Hybrid12+$972+$412$58,44033.3%View →
Escalade IQL12$0-$17$149,116100%View →
Escalade IQ12$0-$97$138,728100%View →
NX 450h+ Plug-in12+$242+$221$64,26666.7%View →
BRZ11-$517-$444$39,50972.7%View →
Hummer EV Pickup9-$4,647-$4,558$101,545100%View →
ES9-$134-$23$60,94366.7%View →
RX 500h F SPORT8+$1,159+$421$80,05112.5%View →
CT47$0+$695$47,745100%View →
Niro EV6-$958-$1,015$40,657100%View →
Hummer EV SUV5-$10,431-$4,511$97,359100%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 Tennessee and refreshed every 24 hours.

We only include models with at least five active listings in Tennessee 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.

Honda, Acura and Hyundai are excluded — their feeds publish MSRP only, with no dealer selling price to measure a markup against.

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