80% of new car buyers paid above suggested retail price in January, data shows

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80% of new car buyers paid above suggested retail price in January, data shows
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The manufacturer's suggested retail price, or MSRP, is up nearly $6,000, or 15%, from January 2021.

Only a year ago almost no one paid the full sticker price when buying a new car. Now you're lucky if you can.

It's up nearly $6,000, or 15%, from January a year ago, and about $7,500 higher than the average price paid in January 2020, just before the pandemic started roiling the auto industry. "We're talking only a 10- to 11-day average for the time vehicles are on the lot," he said."We've never seen that."If you're in the market for a new car in 2022, there are several new features to consider.

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