{"id":16006,"date":"2022-02-22T09:13:17","date_gmt":"2022-02-22T14:13:17","guid":{"rendered":"https:\/\/autosector.com\/?p=16006"},"modified":"2022-02-22T09:13:17","modified_gmt":"2022-02-22T14:13:17","slug":"bmw-7-series-being-sold-for-5000-under-msrp-study","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=16006","title":{"rendered":"BMW 7 Series Being Sold For Nearly $5,000 Under MSRP: Study"},"content":{"rendered":"

As someone who is living in Europe and always pays sticker (or less) for a car, I find the concept of being charged extra by a dealer quite baffling. In today\u2019s crazy market, paying the seller\u2019s premium is even more of an issue. The lack of available vehicles to buy is a blessing in disguise for US dealers by overcharging customers for the few available cars.<\/p>\n

A study conducted by Edmunds<\/em> <\/a>for January 2022 shows 82% of new-car buyers had to pay over MSRP. By far the worst offenders were Cadillacs with shoppers forking out an extra $4,048. In second place came Land Rovers with $2,565, followed by Kias with $2,289 and Porsches with $1,721. It\u2019s not all bad since some cars were sold last month for under the sticker price.<\/p>\n

By far, the BMW 7 Series had the biggest discount compared to the MSRP. On average, the buyer paid $4,944 less than the manufacturer\u2019s suggested retail price. That doesn\u2019t come as a big surprise since the Bavarian flagship is months away from switching to the next generation<\/a>. With a new Mercedes S-Class out and about along with a facelifted Audi A8, the G11\/G12 is getting a bit long in the tooth.<\/p>\n

The BMW 5 Series And MINI Clubman Were Also Sold Below MSRP<\/h3>\n

The 5 Series, which is due to be renewed in 2023,<\/a> came with a discount of $861. On average, a new BMW was sold in the US last month for $63,010 or $199 below the sticke price.<\/p>\n

There\u2019s also a MINI on the list, specifically the Clubman<\/a> as it was sold in January for $904 below MSRP. Overall, a buyer had to pay $36,289 to get behind the wheel of a MINI or $151 less than the original price.<\/p>\n

Edmunds<\/em> mentions Alfa Romeos had a price cut of $3,421, while Volvo dealers slashed $869 from the asking price. Other notable mentions include Lincoln (-$510) and Ram (-$465).<\/p>\n

All told, a US car shopper paid $728 extra last month.<\/p>\n

[Source: Edmunds]<\/p>\n","protected":false},"excerpt":{"rendered":"

As someone who is living in Europe and always pays sticker (or less) for a car, I find the concept of being charged extra by a dealer quite baffling. In today\u2019s crazy market, paying the seller\u2019s premium is even more of an issue. The lack of available vehicles to buy is a blessing in disguise […]<\/p>\n","protected":false},"author":22,"featured_media":16007,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[2],"tags":[],"class_list":["post-16006","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/16006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16006"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/16006\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/16007"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16006"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}