NerdWallet: 14 cars you can get for below sticker price

by | Dec 19, 2022 | Stock Market

This article is reprinted by permission from NerdWallet.  After more than a year of crazy-high car prices, a new car’s cost has dipped below the sticker price. The discounts aren’t substantially significant: The average discount from the sticker price was $15.  “Admittedly not a lot of money,” says Ivan Drury, senior manager of insights at Edmunds, which provided the data. “So we’re on track for some level of ‘normalcy’ but not there yet.”

Moreover, “normal” is now an average new-car transaction price of $47,681, according to Edmunds. And rising interest rates — at 6.6% for new cars — brought the average monthly new-car payment to $718 in November. On the used car side, it’s not much better. Used car interest rates rose to 10.2%, making the monthly payment $565 over a 70-month loan. And leases were going for $583 a month with interest rates — called the “money factor” in a lease — at 5.8%. OK, so it’s not the perfect time to buy a car. But some people need wheels now and want to get the most for their money. Are they out of luck? Read: It’s sexy, it’s fast. It’s…the new Toyota Prius?What’s selling for sticker or less? Car search engine site iSeeCars compiled a list of the best new car deals by comparing the actual sale price with the manufacturer’s suggested retail price, or MSRP.  Only two cars sold at the sticker price, the 2022 Infiniti QX80, at $80,529, and the 2022 Chevrolet Silverado 1500, commanding a more palatable price tag of $50,095. The cheapest vehicle on the iSeeCars list of best deals is the 2022 Honda Pilot, which sells for $44,696, a mere $1,399 over the window sticker.  Edmunds data shows large luxury cars discounted by as much as $3,000. Dealers also took about $1,000 off the sticker prices for large trucks and luxury subcompact SUVs.  Ed …

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