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    richardrehm's Avatar
    richardrehm Posts: 1, Reputation: 1
    New Member
     
    #1

    Jan 28, 2007, 08:46 AM
    New car markups
    What is the average markup on new vehicles? I am specifically looking at a Lexus IS-250.
    RubyPitbull's Avatar
    RubyPitbull Posts: 3,575, Reputation: 648
    Ultra Member
     
    #2

    Jan 28, 2007, 09:40 AM
    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.
    gazelleintense's Avatar
    gazelleintense Posts: 175, Reputation: 13
    Junior Member
     
    #3

    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

    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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