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View Full Version : New car markups


richardrehm
Jan 28, 2007, 08:46 AM
What is the average markup on new vehicles? I am specifically looking at a Lexus IS-250.

RubyPitbull
Jan 28, 2007, 09:40 AM
Please visit the following website:

New car prices, used car pricing, auto reviews by Edmunds car buying guide (http://www.edmunds.com)

They will give you the MSRP and the True Value of the car, on a side by side comparison.

gazelleintense
May 3, 2007, 06:35 AM
not sure about markup. I can tell you a new car is financially a bad idea... unless you are wealthy and can pay cash. No payments. New cars lose 60% of value in 4 years... all cars. The brand don't matter.

check this out

Drive Free, Retire Rich (http://www.daveramsey.com/etc/lms/drive_free/)

auto dealers make most of their money in the shop and the finance office, not on the sale of new cars.