Recently we took a look at the top 15 vehicles selling the most over MSRP. Now, we break things down by state, thanks to data published by iSeeCars.com. Researchers, who analyzed 1.9 million new car listings, found that the average new vehicle is priced 10 percent over MSRP. But car shoppers could see prices well above that. A lack of new car incentives, given the inventory shortages facing the industry for months, doesn't help the situation either.
Here are the new cars that are priced the highest above MSRP in each state, according to iSeeCars.com. The Jeep Wrangler and Lexus RX 450h tie as the vehicles with the highest markup over MSRP in the most states with 12. The Wrangler is the highest priced over MSRP in Texas. In California it's the Ford Bronco and in Oregon, the Genesis GV70.
The vehicle with the highest markup across all states? The Lexus RX 450h, which is priced 35.0 percent above MSRP in Iowa.
Photo Credit: 2022 RX 450h. Lexus.
As far as segments go, luxury SUVs account for the highest marked-up vehicles in 26 states.
Here's a look at each state:
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The New Car Priced the Highest Over MSRP in Each State- iSeeCars |
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State |
Vehicle |
% Above MSRP |
$ Above MSRP |
|
Alabama |
29.4% |
$11,518 |
|
|
Alaska |
Porsche Macan |
23.7% |
$14,835 |
|
Arizona |
Porsche Cayenne |
30.9% |
$25,412 |
|
Arkansas |
27.8% |
$12,135 |
|
|
California |
26.5% |
$10,966 |
|
|
Colorado |
27.1% |
$9,975 |
|
|
Connecticut |
26.9% |
$9,225 |
|
|
Delaware |
Porsche Cayenne |
26.6% |
$21,420 |
|
Florida |
23.1% |
$11,535 |
|
|
Georgia |
31.5% |
$12,778 |
|
|
Hawaii |
32.7% |
$14,411 |
|
|
Idaho |
24.5% |
$9,038 |
|
|
Illinois |
29.6% |
$14,623 |
|
|
Indiana |
30.7% |
$15,061 |
|
|
Iowa |
35.0% |
$17,040 |
|
|
Kansas |
32.1% |
$15,760 |
|
|
Kentucky |
31.4% |
$15,429 |
|
|
Louisiana |
Porsche Cayenne |
27.4% |
$21,582 |
|
Maine |
27.2% |
$9,302 |
|
|
Maryland |
30.7% |
$7,964 |
|
|
Massachusetts |
27.0% |
$9,269 |
|
|
Michigan |
27.3% |
$13,511 |
|
|
Minnesota |
30.2% |
$14,831 |
|
|
Mississippi |
Jeep Wrangler Unlimited |
28.7% |
$12,186 |
|
Missouri |
31.0% |
$15,210 |
|
|
Montana |
25.7% |
$10,060 |
|
|
Nebraska |
26.6% |
$13,184 |
|
|
Nevada |
31.3% |
$13,895 |
|
|
New Hampshire |
Porsche Macan |
24.8% |
$14,918 |
|
New Jersey |
24.9% |
$8,982 |
|
|
New Mexico |
26.6% |
$8,934 |
|
|
New York |
25.2% |
$8,816 |
|
|
North Carolina |
25.0% |
$8,503 |
|
|
North Dakota |
28.2% |
$9,635 |
|
|
Ohio |
29.4% |
$14,493 |
|
|
Oklahoma |
24.5% |
$8,296 |
|
|
Oregon |
25.5% |
$11,714 |
|
|
Pennsylvania |
Porsche Macan |
25.2% |
$15,489 |
|
Rhode Island |
29.9% |
$6,811 |
|
|
South Carolina |
Porsche Cayenne |
32.5% |
$25,528 |
|
South Dakota |
21.8% |
$12,814 |
|
|
Tennessee |
30.8% |
$13,840 |
|
|
Texas |
24.4% |
$8,462 |
|
|
Utah |
Porsche Macan |
29.4% |
$17,709 |
|
Vermont |
MINI Hardtop 2 Door |
30.1% |
$8,110 |
|
Virginia |
28.8% |
$11,478 |
|
|
Washington |
26.5% |
$10,561 |
|
|
West Virginia |
24.1% |
$8,293 |
|
|
Wisconsin |
31.2% |
$15,278 |
|
|
Wyoming |
22.1% |
$10,314 |
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