New Car Deals 2%-8% Below MSRP
To help car buyers stay on top of the new car market, analysts at CR recently mined car purchasing data to find out what models’ people are buying today that offer savings below MSRP. What their research identified are 10 models ranging from 2 percent to 8 percent off their original price.
Related article: A Successful Strategy to Get Your Car at MSRP
However, you should note that “…these are often specific trims or drive-wheel configurations rather than savings being consistent across a model range” admit CR analysts. That said, these can still be great deals for shoppers who are willing to make some smart compromises to get a new vehicle at a more reasonable price---especially if you are wanting a new truck in today’s market.
Furthermore, the importance of this listing is that it arms car shoppers with the most recent listings of what sold when and for how much, which adds to your arsenal as you negotiate with a car dealer using your fact-based research.
Related article: Negotiating in 2022 with a Car Dealer Scam Must Watch Video
That said, here are the most discounted 2023 models listed below in descending order of savings below their MSRP values.
THE 10 MOST DISCOUNTED NEW CARS AND TRUCKS
2023 Alfa Romeo Stelvio 8% Off
Price Range: $46,575 - $85,675
CR MPG: Overall 24 / City 17 / Hwy 32 mpg
Rated #20 of 36 Luxury compact sport-utility vehicles
Selected model: 2023 Alfa Romeo Stelvio Ti AWD
MSRP: $51,525
Average savings off MSRP: $4,109
Average transaction price: $47,416
2023 BMW X5 4% Off
Price Range: $61,600 - $108,900
CR MPG: Overall 23 / City 15 / Hwy 33 mpg
Rated #1 of 35 Luxury midsized sport-utility vehicles
Selected model: 2023 BMW X5 xDrive40i
MSRP: $63,900
Average savings off MSRP: $2,512
Average transaction price: $61,388
2023 Chevrolet Silverado 2500HD 3% Off
Price Range: $40,500 - $68,700
CR MPG: Not tested yet by CR
Rating: TBD in near future
Selected model: 2023 Chevrolet Silverado 2500HD LTZ Double Cab Standard Bed 4WD
MSRP: $57,100
Average savings off MSRP: $1,912
Average transaction price: $55,188
2023 Audi Q5 3% Off
Price Range: $44,200 - $59,900
CR MPG: Overall 24 / City 17 / Hwy 34 mpg
Rated #13 of 36 Luxury compact sport-utility vehicles
Selected model: 2023 Audi Q5 Premium Plus S line
MSRP: $46,700
Average savings off MSRP: $1,364
Average transaction price: $45,336
2023 Cadillac XT5 3% Off
Price Range: $44,195 - $57,095
CR MPG: Overall 20 / City 13 / Hwy 30 mpg
Rated #15 of 36 Luxury compact sport-utility vehicles
Selected model: 2023 Cadillac XT5 Luxury FWD
MSRP: $46,195
Average savings off MSRP: $1,273
Average transaction price: $44,922
2023 Chevrolet Silverado 1500 3% Off
Price Range: $36,300 - $71,500
CR MPG: Overall 17 / City 11 / Hwy 24 mpg
Rated #7 of 26 Full-sized pickup trucks
Selected model: 2023 Chevrolet Silverado 1500 WT Crew Cab Standard Bed 2WD
MSRP: $42,300
Average savings off MSRP: $1,087
Average transaction price: $41,213
2023 Alfa Romeo Giulia 2% Off
Price Range: $44,280 - $79,760
CR MPG: Overall 27 / City 18 / Hwy 39 mpg
Rated #14 of 16 Luxury compact cars
Selected model: 2023 Alfa Romeo Giulia Ti AWD
MSRP: $48,320
Average savings off MSRP: $1,078
Average transaction price: $47,242
2023 Chevrolet Blazer 2% Off
Price Range: $35,100 - $45,700
CR MPG: Overall 19 / City 13 / Hwy 27 mpg
Rated #6 of 14 Midsized sport-utility vehicles
Selected model: 2023 Chevrolet Blazer 3LT FWD
MSRP: $39,300
Average savings off MSRP: $630
Average transaction price: $38,670
2023 GMC Acadia 2% Off
Price Range: $36,800 - $50,600
CR MPG: Overall 19 / City 13 / Hwy 28 mpg
Rated #10 of 35 Luxury midsized sport-utility vehicles
Selected model: 2023 GMC Acadia Denali AWD
MSRP: $50,600
Average savings off MSRP: $793
Average transaction price: $49,807
2023 Cadillac XT6 2% Off
Price Range: $48,595 - $60,095
CR MPG: Overall 18 / City 12 / Hwy 26 mpg
Rated #14 of 35 Luxury midsized sport-utility vehicles
Selected model: 2023 Cadillac XT6 Premium Luxury AWD
MSRP: $56,795
Average savings off MSRP: $860
Average transaction price: $55,935
And finally…
For a more detailed breakdown of the data, please visit the CR website. Note that while access to some information requires a CR membership, the potential savings make it negligible in comparison when looking for the latest information to aid your car buying research.
Be sure to check out other CR-related articles for saving money that include “Consumer Reports Shows All-Wheel-Drive Owners How to Save Money on Their SUV Tires” and “Consumer Reports Treadwear Testing Reveals How Long Some Tire Types Really Do Last.”
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Timothy Boyer is Torque News Tesla and EV reporter based in Cincinnati. Experienced with early car restorations, he regularly restores older vehicles with engine modifications for improved performance. Follow Tim on Twitter at @TimBoyerWrites for daily Tesla and electric vehicle news.
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