According to a new Consumer Reports study, their automotive analysts say that these 10 models are selling below their sticker price and are current buyers’ picks of the most discounted new cars and trucks to buy right now.
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After Holiday Car Deals
January is a good time to either buy a new car or add to your research as you discover what is available and begin to follow trends in pricing and purchases.
In fact, according to a recent Consumer Reports analysis of what new vehicles car-buying customers have been choosing lately, recent transaction data is showing that savings below MSRP values remain small; however, there is some wiggle room for negotiating that can lead to better deals if you:
• Know what others have paid for particular models
• Know how much room is available for negotiation
• Know how specific models you are interested in, differ in their trim and other features
• Know that looking outside your region can payoff significantly
Consumer Reports’ Analysis
The study is focused primarily on the price alone (rather than the more stringent selection criteria typically used in CR car reviews) people paid recently for which vehicles, that led to CR identifying 10 models selling 2% to 11% below their sticker price that includes sedans, SUVs, and full-size trucks.
That said, here are CR’s top 10 new car deals of what car and truck owners are buying right now.
The 10 Most Discounted New Cars Right Now
1. 2023 Ram 1500 (11% Off)
Price Range: $37,410 - $84,355
CR MPG: Overall 17 / City 11 / Hwy 24 mpg
Rated #1 of 26 Full-sized pickup trucks
Selected Model: 2023 Ram 1500 Laramie Crew Cab 5’7" Box 4WD
MSRP: $56,375
Average savings off MSRP: $6,010
Average transaction price: $50,365
2. 2023 Alfa Romeo Stelvio (8% Off)
Price Range: $46,575 - $85,675
CR MPG: Overall 24 / City 17 / Hwy 32 mpg
Rated #21 of 36 Luxury compact sport-utility vehicles
Selected model: 2023 Alfa Romeo Stelvio Ti AWD
MSRP: $51,525
Average savings off MSRP: $3,948
Average transaction price: $47,577
3. 2023 Ford F-150 (5% Off)
Price Range: $34,585 - $84,910
CR MPG: Overall 19 / City 13 / Hwy 26 mpg
Rated #5 of 26 Full-sized pickup trucks
Selected model: 2023 Ford F-150 XLT Regular Cab 6.5’ Box 4WD
MSRP: $44,550
Average savings off MSRP: $2,413
Average transaction price: $42,137
4. 2023 Cadillac XT5 (4% 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: $63,900
Average savings off MSRP: $2,385
Average transaction price: $61,515
5. 2023 BMW X5 (4% Off)
Price Range: $61,600 - $108,900
CR MPG: Overall 23 / City 15 / Hwy 33 mpg
Rated #1 of 33 Luxury midsized sport-utility vehicles
Average transaction price: $42,333
Selected model: 2023 BMW X5 xDrive40i
MSRP: $63,900
Average savings off MSRP: $2,385
Average transaction price: $61,515
6. 2023 Buick Enclave (3% Off)
Price Range: $44,800 - $59,470
CR MPG: Overall 18 / City 12 / Hwy 26 mpg
Rated #2 of 11 Luxury large sport-utility vehicles
Selected model: 2023 Buick Enclave Avenir FWD
MSRP: $57,470
Average savings off MSRP: $1,906
Average transaction price: $55,564
7. 2023 Alfa Romeo Giulia (3% 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: $1,443
Average transaction price: $46,877
8. 2023 Mini Cooper (3% Off)
Price Range: $27,400 - $40,650
CR MPG: Overall 30 / City 23 / Hwy 38 mpg
Rated #2 of 9 Sports/sporty cars under $40,000
Selected model: 2023 MINI Hardtop S 4-Door
MSRP: $31,900
Average savings off MSRP: $954
Average transaction price: $30,946
9. 2023 GMC Acadia (2% Off)
Price Range: $36,800 - $50,600
CR MPG: Overall 19 / City 13 / Hwy 28 mpg
Rated #8 of 33 Luxury midsized sport-utility vehicles
Selected model: 2023 GMC Acadia SLT FWD
MSRP: $41,100
Average savings off MSRP: $1,010
Average transaction price: $40,090
10. 2023 Nissan Armada (2% Off)
Price Range: $50,400 - $69,720
CR MPG: Overall 14 / City 10 / Hwy 20 mpg
Rated #7 of 8 Large sport-utility vehicles
Selected model: 2023 Nissan Armada 4x2 Platinum
MSRP: $66,720
Average savings off MSRP: $1,564
Average transaction price: $65,156
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 that covers buying used cars, options regarding car repairs, automotive things to avoid; and recall alerts.
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Timothy Boyer is Torque News automotive writer 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.
Image Source: Pixabay
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