Monthly Market Report

What Americans Paid for New Cars in March 2026

We analyzed 864 verified buyer-submitted deals from March 1 through March 31, 2026 to see what people actually paid — not MSRP, not dealer asking prices, but real transaction prices from real buyers.

Updated automatically from CarWhere transaction data

Key Findings

5.4%

avg discount off MSRP

$3,021

avg savings off MSRP

864

verified deals analyzed

The average new car buyer in March 2026 negotiated a discount of 5.4% off MSRP — about $3,021 below sticker on an average MSRP of $55,406. The average transaction price was $52,385.

But that average hides enormous variation. Some models saw discounts over 10% off MSRP. Others sold at full sticker or even above. Knowing where your car falls on that spectrum is the difference between a good deal and a bad one.

Average Discount by Brand

RAM led all major brands with an average 10.0% discount off MSRP in March 2026. Kia had the smallest average discount among major brands at 1.9%.

BrandDealsAvg MSRPAvg Discount
RAM37$75,49410.0%
Ford19$67,7257.9%
Audi48$58,5996.6%
Mercedes-Benz60$68,6966.6%
Volkswagen46$41,8006.4%
Chevrolet62$64,9105.9%
BMW121$61,3195.8%
GMC55$73,0155.7%
Honda37$36,3475.5%
Toyota292$47,5224.4%
Mazda18$39,2443.8%
Lexus21$64,5113.1%
Kia43$45,9361.9%

Based on brands with 3+ verified deals in March 2026.

Most Negotiable Models

These models had the largest average discounts below MSRP. If you're shopping for one of these, you have significant room to negotiate.

ModelDealsAvg MSRPAvg Price PaidDiscount
Ford Ranger2$39,620$33,09116.5%$6,529 off
RAM 250020$84,294$75,19110.9%$9,103 off
Ford F-2507$86,987$78,16810.1%$8,819 off
Chevrolet Silverado 150015$66,080$60,0599.6%$6,021 off
RAM 150017$65,141$59,3769.0%$5,765 off
GMC Sierra 2500HD11$77,607$71,0158.7%$6,592 off
Mercedes-Benz Glb-class6$52,905$48,4178.6%$4,488 off
Audi A316$45,447$41,6478.4%$3,800 off
Volkswagen Golf Gti6$41,574$38,2068.2%$3,368 off
BMW 5302$68,528$63,1627.8%$5,366 off

The takeaway

Ford Ranger buyers negotiated an average discount of $6,529 off MSRP in March 2026. If you're paying sticker price for any of these models, you're leaving money on the table.

Least Negotiable Models

These models sold closest to MSRP. Buyers had little room to negotiate, either because of high demand or limited inventory.

ModelDealsAvg MSRPAvg Price PaidDiscount
Kia Telluride Hybrid2$59,198$59,1980.0%$0 off
Toyota Highlander Hybrid2$55,807$55,8070.0%$0 off
Kia Telluride31$49,125$48,6870.9%$438 off
Toyota RAV418$39,703$39,1711.2%$532 off
Audi Q39$48,726$48,1791.2%$547 off

Kia Telluride Hybrid actually had a negative average discount — meaning buyers paid above MSRP after factoring in add-ons. If you're set on one of these models, expect to pay close to the advertised price.

Where Buyers Got the Best Deals

Location matters. Discounts varied significantly by state, driven by dealer competition density, regional incentives, and inventory levels.

StateDealsAvg Discount
SD310.3%
OK108.5%
TN158.0%
AZ347.1%
RI107.1%
NV156.9%
ME46.7%
VT26.6%
VA156.3%
SC276.3%

SD, OK, and TN led with discounts of 10.3%, 8.5%, and 8.0% off MSRP respectively.

Methodology

This analysis covers 864 new car deals submitted to CarWhere by verified buyers between March 1 and March 31, 2026. Each deal includes the actual transaction price the buyer paid along with the vehicle's MSRP.

Discount percentages represent the difference between MSRP and the buyer's transaction price. Model rankings require a minimum of 2 deals. Brand rankings require 3+ deals. State rankings require 2+ deals.

This data represents self-reported transactions from CarWhere users and may not reflect the broader national market. Deals are reviewed for accuracy before being included in the dataset.

Frequently Asked Questions

What was the average discount on a new car in March 2026?

Based on 864 verified buyer deals from March 2026, the average discount was 5.4% off MSRP — about $3,021 in savings on an average MSRP of $55,406.

Which car brands had the biggest discounts in March 2026?

RAM had the largest average discount at 10.0% off MSRP in March 2026, followed by Ford (7.9%). Kia had the smallest average discount among major brands at 1.9%.

What new cars were hardest to negotiate on in March 2026?

Kia Telluride Hybrid had the smallest average discount at 0.0% off MSRP in March 2026. Toyota Highlander Hybrid (0.0%) and Kia Telluride (0.9%) also had very little room for negotiation.

Which state had the best car deals in March 2026?

SD had the highest average discount at 10.3% off MSRP in March 2026, followed by OK (8.5%) and TN (8.0%).

See the target price for your car

The CarWhere Index shows you exactly what buyers are paying for any make and model in your area — updated daily with real transaction data.

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