The Caboose Discount Report
September 2026 · Updated from live inventory. We track every US listing that CarGurus rates below its expected market price — 1,780 cars right now, across 12 makes and 48 states — and publish what the discounts look like. Free to cite, free to reuse.
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Cite this
Caboose, “The Caboose Discount Report, September 2026,” caboose.world/report, data as of 2026-09-28. Longevity figures: iSeeCars Longest Lasting Cars Study (September 2026).
What we found this month
- Acura ILX is the most discounted model we track, averaging 8.6% ($1,458) below market across 24 listings.
- California has the deepest discounts of any state with a meaningful sample — 6.6% off, 177 listings.
- The single biggest gap on the board is a 2017 Lexus LS at $46,998 — $8,242 under its expected price.
- Discounts run deeper on $10,000–$15,000 cars (8.3%) than on any other price band.
Most discounted models
Ranked by average percentage below expected market price. Minimum 20 live listings to qualify.
| Model | Avg. discount | Avg. $ off | Median price | Avg. miles | Listings |
|---|---|---|---|---|---|
| Acura ILX | 8.6% | $1,458 | $16,527 | 88,506 | 24 |
| Mercedes-Benz E-Class | 8.5% | $2,267 | $20,130 | 63,384 | 30 |
| RAM 2500 | 6.1% | $2,512 | $42,023 | 55,880 | 78 |
| GMC Yukon | 6.1% | $2,171 | $39,820 | 87,371 | 39 |
| GMC Sierra 2500HD | 5.7% | $2,371 | $45,046 | 90,481 | 20 |
| Toyota Corolla | 5.7% | $1,024 | $17,840 | 64,337 | 34 |
| Lexus GX | 5.5% | $2,201 | $39,063 | 68,757 | 30 |
| Chevrolet Tahoe | 5.5% | $2,170 | $43,071 | 71,264 | 34 |
| Lexus IS | 5.3% | $1,422 | $27,219 | 63,897 | 43 |
| Acura RDX | 5.1% | $1,351 | $30,771 | 53,951 | 135 |
| Lexus RX | 5.1% | $1,875 | $38,453 | 52,958 | 117 |
| Honda Pilot | 5% | $1,321 | $26,284 | 72,034 | 47 |
| Lexus RX Hybrid | 4.8% | $2,161 | $49,975 | 46,682 | 28 |
| Toyota Tundra | 4.8% | $1,921 | $39,943 | 54,589 | 31 |
| Toyota 4Runner | 4.8% | $1,676 | $34,824 | 70,903 | 31 |
Biggest dollar savings by model
Percentages favour cheap cars; this is the same set ranked by dollars off instead.
| Model | Avg. discount | Avg. $ off | Median price | Avg. miles | Listings |
|---|---|---|---|---|---|
| RAM 2500 | 6.1% | $2,512 | $42,023 | 55,880 | 78 |
| GMC Sierra 2500HD | 5.7% | $2,371 | $45,046 | 90,481 | 20 |
| Mercedes-Benz E-Class | 8.5% | $2,267 | $20,130 | 63,384 | 30 |
| Lexus GX | 5.5% | $2,201 | $39,063 | 68,757 | 30 |
| GMC Yukon | 6.1% | $2,171 | $39,820 | 87,371 | 39 |
| Chevrolet Tahoe | 5.5% | $2,170 | $43,071 | 71,264 | 34 |
| Lexus RX Hybrid | 4.8% | $2,161 | $49,975 | 46,682 | 28 |
| Toyota Tundra | 4.8% | $1,921 | $39,943 | 54,589 | 31 |
| Lexus RX | 5.1% | $1,875 | $38,453 | 52,958 | 117 |
| Toyota 4Runner | 4.8% | $1,676 | $34,824 | 70,903 | 31 |
Discounts by state
Where the below-market cars are cheapest relative to their own market value. Minimum 40 listings.
| State | Avg. discount | Avg. $ off | Median price | Avg. miles | Listings |
|---|---|---|---|---|---|
| California | 6.6% | $1,889 | $26,585 | 61,402 | 177 |
| Texas | 6.3% | $1,994 | $31,120 | 64,615 | 170 |
| Washington | 6.3% | $2,064 | $31,116 | 56,282 | 40 |
| Illinois | 5.8% | $1,769 | $28,912 | 58,614 | 49 |
| New York | 5.8% | $1,819 | $29,173 | 43,371 | 65 |
| Ohio | 5.6% | $1,542 | $26,266 | 62,366 | 52 |
| Pennsylvania | 5.5% | $1,476 | $24,890 | 55,601 | 61 |
| Massachusetts | 5.5% | $1,451 | $27,561 | 56,375 | 43 |
| Tennessee | 4.7% | $1,379 | $28,726 | 64,008 | 42 |
| North Carolina | 4.1% | $1,221 | $26,999 | 61,708 | 87 |
| Virginia | 4% | $1,042 | $26,539 | 64,059 | 84 |
| Georgia | 3.9% | $1,279 | $28,425 | 63,763 | 88 |
| Maryland | 3.6% | $1,160 | $27,791 | 45,690 | 42 |
| New Jersey | 3.5% | $898 | $25,351 | 53,740 | 107 |
| Florida | 2% | $642 | $29,260 | 49,294 | 201 |
State-by-state rankings
Every state with at least 10 listings, ranked by the median cost per remaining mile (price ÷ miles left to 200,000). Lower is better.
| Rank | State | Median $ per mile left | Avg. discount | Avg. $ off | 400K or 500K rated | Listings |
|---|---|---|---|---|---|---|
| 1 | Pennsylvania | $0.18 | 5.5% | $1,476 | 5% | 61 |
| 2 | New Jersey | $0.18 | 3.5% | $898 | 1% | 107 |
| 3 | Virginia | $0.18 | 4% | $1,042 | 7% | 84 |
| 4 | Maryland | $0.19 | 3.6% | $1,160 | 17% | 42 |
| 5 | Florida | $0.19 | 2% | $642 | 4% | 201 |
| 6 | Wisconsin | $0.19 | 6.4% | $1,928 | 6% | 18 |
| 7 | New York | $0.19 | 5.8% | $1,819 | 5% | 65 |
| 8 | Kansas | $0.19 | 5.1% | $1,694 | 25% | 12 |
| 9 | South Carolina | $0.19 | 5.2% | $1,476 | 15% | 39 |
| 10 | New Hampshire | $0.19 | 5.3% | $1,540 | 7% | 15 |
| 11 | Arizona | $0.19 | 4.9% | $1,415 | 10% | 30 |
| 12 | Kentucky | $0.19 | 5.2% | $1,462 | 13% | 16 |
| 13 | California | $0.20 | 6.6% | $1,889 | 12% | 177 |
| 14 | Ohio | $0.20 | 5.6% | $1,542 | 15% | 52 |
| 15 | Oregon | $0.20 | 6.7% | $1,844 | 13% | 24 |
| 16 | Colorado | $0.20 | 6.3% | $1,845 | 5% | 19 |
| 17 | Indiana | $0.20 | 6.5% | $1,927 | 8% | 24 |
| 18 | Massachusetts | $0.20 | 5.5% | $1,451 | 5% | 43 |
| 19 | Alabama | $0.20 | 4.1% | $1,230 | 18% | 22 |
| 20 | Illinois | $0.20 | 5.8% | $1,769 | 12% | 49 |
| 21 | Utah | $0.21 | 5.1% | $1,524 | 13% | 15 |
| 22 | North Carolina | $0.21 | 4.1% | $1,221 | 14% | 87 |
| 23 | Connecticut | $0.21 | 4.9% | $1,295 | 14% | 21 |
| 24 | Tennessee | $0.21 | 4.7% | $1,379 | 19% | 42 |
| 25 | Washington | $0.22 | 6.3% | $2,064 | 15% | 40 |
| 26 | Nevada | $0.22 | 5% | $1,454 | 7% | 15 |
| 27 | Michigan | $0.22 | 6% | $1,826 | 0% | 21 |
| 28 | Georgia | $0.23 | 3.9% | $1,279 | 13% | 88 |
| 29 | Missouri | $0.23 | 5.5% | $1,759 | 23% | 26 |
| 30 | Texas | $0.23 | 6.3% | $1,994 | 11% | 170 |
| 31 | Minnesota | $0.23 | 5.8% | $1,776 | 18% | 28 |
| 32 | Arkansas | $0.24 | 6.3% | $2,308 | 14% | 14 |
| 33 | Oklahoma | $0.24 | 4.7% | $1,790 | 12% | 17 |
| 34 | Louisiana | $0.25 | 5.6% | $1,833 | 16% | 19 |
| 35 | Mississippi | $0.25 | 6.1% | $2,004 | 17% | 18 |
Discounts by body type
| Body type | Avg. discount | Avg. $ off | Median price | Avg. miles | Listings |
|---|---|---|---|---|---|
| Wagon | 7% | $993 | $13,281 | 107,955 | 28 |
| Sedan | 5.5% | $1,211 | $21,994 | 63,034 | 331 |
| Truck | 5.4% | $2,175 | $39,999 | 59,733 | 221 |
| SUV | 4.7% | $1,457 | $29,215 | 56,920 | 1117 |
| Hatchback | 4.6% | $959 | $24,085 | 57,928 | 31 |
| Minivan | 4% | $1,226 | $31,670 | 57,142 | 40 |
Read the van row with care. Commercial vans show roughly double the discount of any other body type, and they dominate the raw list of deepest single discounts. That is most likely a limitation of the valuation model on low-volume commercial vehicles rather than a real buying opportunity — treat it as a flag to look closer, not as a finding.
Discounts by price band
| Group | Avg. discount | Avg. $ off | Median price | Avg. miles | Listings |
|---|---|---|---|---|---|
| $10,000–$15,000 | 8.3% | $1,164 | $12,849 | 116,530 | 139 |
| $15,000–$20,000 | 6.4% | $1,215 | $17,645 | 94,967 | 229 |
| $20,000–$30,000 | 4.4% | $1,162 | $25,137 | 56,916 | 634 |
| $30,000 and up | 4.3% | $1,902 | $40,086 | 38,792 | 764 |
Discounts by vehicle age
| Group | Avg. discount | Avg. $ off | Median price | Avg. miles | Listings |
|---|---|---|---|---|---|
| 1–3 years old | 3.7% | $1,437 | $34,361 | 31,169 | 914 |
| 4–6 years old | 5% | $1,574 | $28,093 | 74,524 | 369 |
| 7–9 years old | 6.6% | $1,470 | $19,124 | 95,250 | 336 |
| 10+ years old | 9% | $1,580 | $14,295 | 109,017 | 161 |
The ten deepest discounts on the board right now
One car per model, so a single over-represented model can't fill the list.
500KMile rating
300KMile rating
250KMile rating
300KMile rating
300KMile rating- 2017 RAM 2500 Longhorn Mega Cab 4WD — $39,999, $4,806 below market, 124,566 miles, Las Vegas, NV
- 2022 Ford F-350 Super Duty Platinum Crew Cab 4WD — $57,798, $4,122 below market, 83,079 miles, Washington, IN
- 2021 RAM 3500 Limited Longhorn Mega Cab DRW 4WD — $53,693, $3,997 below market, 87,138 miles, Louisville, KY
- 2021 Toyota Sequoia TRD Sport 4WD — $49,363, $3,765 below market, 55,460 miles, Fox Lake, IL
- 2023 Lexus GX 460 Luxury AWD — $57,127, $3,538 below market, 37,810 miles, Oakland, CA
Method, and what these numbers do not say
The sample is deliberately one-sided. We only track listings CarGurus rates a "Great Deal" — priced below the expected market value for that year, model, trim and mileage. So "the average discount is 5%" means among cars already known to be below market. It does not mean the average used car is 5% off, and anyone citing it that way is misreading it.
Prices are dealer asking prices, not sale prices, and exclude tax, title and fees. "Expected market price" is CarGurus' own valuation for that vehicle. Mileage, location, and days on market come from the listing. The catalog is re-pulled from scratch on every deploy, so these figures describe live inventory on 2026-09-28, not a historical average. Sample sizes are shown in every table; treat small-n rows with the caution they deserve.
Reuse: these figures are free to quote or republish with a link to the Caboose report page. If you want a cut we haven't published — by metro, by trim, over time — email info@island.direct and we'll run it.