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New car prices are on a very slow decline since hitting a December record while supply is slowly catching up with demand, but buyers still paid an average of 12.9% above the list in March, according to Kelly Blue Book†
Several very mainstream models such as the Kia Telluride and Sorrento SUVs have sold at profit margins of 20% and more.
Even the cheapest car in America, the Chevrolet Spark, is in high demand, with buyers willing to pay 18% for the decal for the subcompact hatchback.
However, there are some bargains available on mid-range vehicles, and even a few pickup trucks and a plug-in hybrid made the latest list of most discounted mainstream models from Consumer Reports†
The Alfa Romeo Giulia sedan is sold with a 6% discount on the hood, while the Ram 1500 pickup and Jeep Wrangler 4xe plug-in hybrid SUV are discounted by 5%.
The Chevrolet Silverado 1500 pickup can also be purchased for 4% below and heavy truck customers can get a GMC Sierra 2500 for 3% below the sticker.
Prices will of course vary from day to day and with location, but here’s the full top 10 discounted vehicles curated by Consumer Reports†
Alfa Romeo Giulia: 6%
Cadillac XT6: 5%
Alfa Romeo Stelvio: 5%
Aries 1500: 5%
Jeep Wrangler 4xe: 5%
Chevrolet Silverado 1500: 4%
Jeep Grand Cherokee: 4%
GMC Sierra 2500: 3%
GMC terrain: 3%
Chevrolet Traverse: 3%