Don’t waste your money: new SUV fees
Have you bought a new SUV or truck recently? Forget about haggling over the sticker price. At present, many buyers pay more the price of window sticker.
The new car shortage shows no signs of abating, leaving car buyers like Aurelia Gilliam to find dealer lots almost sterile. And when you find a hot vehicle, they can be thousands above the MSRP.
“When I asked about the price, they showed me what the sticker was and I saw that they had added an additional $ 10,000 to the sticker,” said Paul Johnson. He was stunned by a $ 10,000 “market adjustment” from the MSRP of his new Escalade. “They told me that was what they were able to get for the car because it is in high demand.”
Johnson doesn’t want to name the dealer to avoid ruining his relationship. He finally negotiated, but until he paid well for the sticker. “It’s really crazy, you pay for a sticker, no negotiation, if you don’t like it they will sell it to the next person,” Johnson said.
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The best way to avoid finding yourself in this situation right now? Try not to buy one of the most in-demand vehicles right now, like full-size four-row SUVs. “Smaller vehicles, economy cars, traditional sedans, they haven’t been hot in years. So this is where you want to go if you want to save money, ”Karl Brauer said. Brauer is an analyst at Iseecars.com and he says vehicles with the highest average markups include:
- Jeep Wrangler: $ 9,000 more than the sticker
- GMC Yukon: $ 7,000 more than the sticker
- Kia Telluride: $ 5,000 more than the sticker
- Hyundai Palisade: $ 4,000 more than the sticker
This is not a price hike because the sticker is only a suggested price.
Dealers expect the supply of new vehicles to improve somewhat this winter, as fewer people buy cars, but parts shortages are expected to continue into the next year. As always, don’t waste your money.