re: Can you "deal" with a used car price?

Nobody cares that the dealership makes money...it's the common practices used to make the money that is the issue.

If you haven't been around the car business a lot, you won't understand what all is done to most customers when they go to a dealership. Everything is designed to make it as easy as possible to get as much money as possible from every customer.

I have no problem with the small number of dealerships that do it the right way; however, I have not really found one that does everything on the up and up.

So, where is this unicorn that doesn't leave finance leg room in their pencil (effectively called packing), discloses the buy rate, doesn't use the term to sneakily change the monthly payment, won't sell a warranty from a shìtty warranty company bc the profit on the factory warranty isn't enough, etc.

You are holding car dealers to a much higher standard than any form of retail. You could give a shite less If beats have hidden costs or what kind of mark up Nike is making. You should stick to Craigslist and kick tires with your neighbor.

If your buddy is truly making that dough with the Internet Age then good for him because he is getting people on his lot who are oblivious to being well informed and ignorant buyers is not his problem if banks will buy the note he is proposing they are just as dirty.

You don't have to buy a car from a dealer. save cash and buy a beater off Craigslist. I'll help show you how to change brakes if you need. Seriously rent a center marks up a washer 3000% but you are pissed at a car lot volunteering to sell you a car you can't afford but the bank will front you the money.. Save $1500 and type "1997" into your search bar and you'll find what you are looking for with no hidden fees for real

Opinion.

And to be fair, this is one of many other industries that suck.

Real estate agents
Payday loans
Rental stores
Transparency with healthcare costs
Buying a car

All of these are either deceptive or miserable customer experiences.

I think we've found our people in the car business. Lol. Their managers would say that they've "broke to the business", because they can now justify fricking people.

My buddy also gets people who never dreamed that they could get financed on a car. It's amazing how many people make $63,000 as one of the 374 assistant managers at local Walmart Marts. Yes, the financial institutions know exactly what is happening. That is why their income verification procedures are bullshìt.

Also, Beats doesn't do everything in its power to keep me at the headphone store for 5 hours with the hope that I'll be so tired or disgusted that I'll just do (sign) whatever to get out of the store.

As another poster implied, Beats also isn't putting a family in a bad situation and ruining their credit.

Nobody has a problem with a retail industry selling their product; however, the auto industry runs rampant with fraud. Misrepresentation or suppression of the truth to gain an advantage over the consumer is the norm in the industry. It is rare that the customer walks out knowing the exact terms of every part of the deal.

And don't get me started on these unscrupulous dealers where the trade is being "booted" consistently. But, let's keep pretending that the industry isn't a big game of hide the ball.

You all make valid points. I don't work as a car salesman but I know people who do and they work 60 hours a week and hardly get to see their families to put food on the table so I was sensitive to bad mouthing their living.

It's the business model that forces them to work so much. It is not a fun job. Selling cars is a grind.

At the end of the day, it's the greedy owners that cause most of the problems. The profit is higher in the back, so the owner is ok shifting money to the back or finance, which does not allow a salesman to make commission on those amounts. Also, I've never understood why a lot of the other incentives aren't included in the "gross" amounts used to calculate a salesman's commission.

The whole business is fairly dirty. Since most employees can only make money by playing the same way, it leads to a building full of people that will frick their grandma to make a living.

Without haggle pricing everyone would get to pay full retail lol

quote:

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And my grandma.... who buys a new Cadillac from the same guy every 3 years and pays sticker price on a car you could probably negotiate $7k off.

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They need your grandma to make up the profits that they don't make on the rich local who nickel and dimed them down to very little profit and the bad credit guy who the bank cut back to nothing.

Thats why I hate the business. The sweetest people get hammered from every angle. Studies have even showed how much more gross can be made on friends, family, and repeat business. Lol.