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Are dealerships still charging above MSRP?

Posted on 12/6/22 at 7:13 am
Posted by Fusaichi Pegasus
Meh He Co
Member since Oct 2010
14572 posts
Posted on 12/6/22 at 7:13 am
Unfortunately, we are in the market.
Posted by VermilionTiger
Member since Dec 2012
37613 posts
Posted on 12/6/22 at 7:14 am to
As always, “it depends”.

Do your work. Make calls. Don’t be afraid to walk out
Posted by Tshiz
Idaho
Member since Jul 2013
7601 posts
Posted on 12/6/22 at 7:14 am to
Idk, hop on the internet
Posted by PetroBabich
Donetsk Oblast
Member since Apr 2017
4636 posts
Posted on 12/6/22 at 7:14 am to
Yes and people are writing personalized letters begging the dealers to sell their dream car to them.
Posted by DiamondDog
Louisiana
Member since Nov 2019
10617 posts
Posted on 12/6/22 at 7:21 am to
I do not envy your position. I fear we're never going back to lots stocked with cars.

Seems like dealerships may be embracing the JIT model and no longer have to have vast amounts of inventory/financing on their balance sheets.
This post was edited on 12/6/22 at 7:22 am
Posted by CoachChappy
Member since May 2013
32595 posts
Posted on 12/6/22 at 7:23 am to
I have friends in the business. They are laughing their asses off at how much they are making off people.

Do your homework, and try to purchase from a non traditional dealer (online).
This post was edited on 12/6/22 at 7:43 am
Posted by redstick13
Lower Saxony
Member since Feb 2007
38609 posts
Posted on 12/6/22 at 7:23 am to
Just do the KIA challenge.
Posted by Errant_Knight
Member since Oct 2022
260 posts
Posted on 12/6/22 at 7:23 am to
Yes, I'm not in the market but I want a new vehicle so I stay looking. Now that the used car market has tanked I can't get as much for my vehicle either.

So it puts me in a worse spot than before, three months ago my car was valued at 22k now with only 4k more miles its valued at 11.3k. Nothing else has changed but the mileage.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261684 posts
Posted on 12/6/22 at 7:28 am to
Local dealership sells most of their inventory before it arrives. They have to be doing well despite few cars on the lot.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119520 posts
Posted on 12/6/22 at 7:30 am to
quote:

re dealerships still charging above MSRP?



Only if you are willing to pay it.
Posted by GeauxTigers0107
South Louisiana
Member since Oct 2009
9768 posts
Posted on 12/6/22 at 7:32 am to
No clue where you live but Terrebonne Ford has been running ads on tv saying "Come pay below MSRP". Now how much...IDK. Just fyi.
Posted by RealDawg
Dawgville
Member since Nov 2012
9498 posts
Posted on 12/6/22 at 7:32 am to
Tbh I would be perfectly fine if the new car industry went fixed price across the board. Here is price..buy or not. Same for all.

Get rid of sales people completely.

The idea they get to sit around and try to screw people all day is pathetic. Cars are a necessity…regardless of the niceties some have.
Posted by Water
Louisiana
Member since Jan 2020
741 posts
Posted on 12/6/22 at 7:37 am to
Is the sky blue?
Posted by nbern2022
Thibodaux
Member since May 2022
67 posts
Posted on 12/6/22 at 7:41 am to
My friend's wife used to work at a credit union, and she showed us how much the dealerships actually paid for vehicles and then how much they sold them for. It was nauseating to see how much hundreds of percent profit they made. She said she saw this daily, and it was always like this.
Posted by TwoFace
Member since Mar 2018
1114 posts
Posted on 12/6/22 at 7:52 am to
I bought a new work car a month ago. I called around, sent emails, all saying what I wanted, cash deal, and I would pay msrp + tt&l, no dealer add-on bullshite. I took a couple days, but I had an agreement before I drove to lot to pick up car. They make plenty of money with msrp.
Posted by Fat and Happy
Baton Rouge
Member since Jan 2013
17063 posts
Posted on 12/6/22 at 7:53 am to
It’s been common for several years now so it’s just normal.

Car dealers made it happen.

Now people just accept it.
Posted by Raid05
Houston
Member since Jan 2013
1105 posts
Posted on 12/6/22 at 7:57 am to
Depends on the automaker and dealer. I was looking at Honda Civics and Mazad3 for the past few months.

One Honda dealer wanted to charge me 5k over MSRP on a 26k Civic, but offered me about 2k over on my trade in value.

Another Honda dealer was charging 5k over MSRP and would drop it to 2500 if you had a trade in.

Mazda dealer wasn't charging over MSRP but tired to add on a 2k "Protection Package".
This post was edited on 12/6/22 at 1:44 pm
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
21301 posts
Posted on 12/6/22 at 8:22 am to
There are still a few volume dealers that will do under MSRP.

You will have to travel and do an order though.

I know a Jeep Dealership in VA, that is still friendly
quote:


Koons Chrysler/Dodge/Jeep/Ram is proud to announce the return of the DC Group Buy for 2022!

Wrangler 392 $8000 Off MSRP

All other Jeeps are 6% below invoice.

$10,000 off MSRP or 11% below MSRP whichever is greater on the TRX

DODGE is at 6% below Invoice with the exception of Super Stock which is 5% below invoice. Jailbreaks are not included due to allocation restraints.

ALL ORDERS ARE 100% PRICE PROTECTED!!

Plus your states tax, tags and $899 Processing Fee.

Please email Koonsgroupbuy@koons.com with the PDF from Rams website and we will build and price it out for you! Please do not call the dealership as only a select few handle this program.
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
15218 posts
Posted on 12/6/22 at 8:24 am to
Got a Ford Lightning on the way. Dealer is charging MSRP. Used to be only fools paid MSRP.
Posted by Front9Bandit
Member since Dec 2013
15432 posts
Posted on 12/6/22 at 8:33 am to
quote:

Are dealerships still charging above MSRP?


No unless you are a sucker, most new vehicles are sold orders then you get to wait on the booming transportation industry.

quote:

Most people have no idea how much of a dealership’s expenses that is


It used to be second to payroll, still is in most cases
This post was edited on 12/6/22 at 8:34 am
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