What is the average markup on new vehicles? I am specifically looking at a Lexus IS-250.
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What is the average markup on new vehicles? I am specifically looking at a Lexus IS-250.
Please visit the following website:
New car prices, used car pricing, auto reviews by Edmunds car buying guide
They will give you the MSRP and the True Value of the car, on a side by side comparison.
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
auto dealers make most of their money in the shop and the finance office, not on the sale of new cars.
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