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Started By
Message
Are dealerships still charging above MSRP?
Posted on 12/6/22 at 7:13 am
Posted on 12/6/22 at 7:13 am
Unfortunately, we are in the market.
Posted on 12/6/22 at 7:14 am to Fusaichi Pegasus
As always, “it depends”.
Do your work. Make calls. Don’t be afraid to walk out
Do your work. Make calls. Don’t be afraid to walk out
Posted on 12/6/22 at 7:14 am to Fusaichi Pegasus
Idk, hop on the internet
Posted on 12/6/22 at 7:14 am to Fusaichi Pegasus
Yes and people are writing personalized letters begging the dealers to sell their dream car to them.
Posted on 12/6/22 at 7:21 am to Fusaichi Pegasus
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.
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 on 12/6/22 at 7:23 am to Fusaichi Pegasus
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).
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 on 12/6/22 at 7:23 am to Fusaichi Pegasus
Just do the KIA challenge.
Posted on 12/6/22 at 7:23 am to Fusaichi Pegasus
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.
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 on 12/6/22 at 7:28 am to Fusaichi Pegasus
Local dealership sells most of their inventory before it arrives. They have to be doing well despite few cars on the lot.
Posted on 12/6/22 at 7:30 am to Fusaichi Pegasus
quote:
re dealerships still charging above MSRP?
Only if you are willing to pay it.
Posted on 12/6/22 at 7:32 am to Fusaichi Pegasus
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 on 12/6/22 at 7:32 am to Fusaichi Pegasus
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.
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 on 12/6/22 at 7:41 am to Fusaichi Pegasus
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 on 12/6/22 at 7:52 am to Fusaichi Pegasus
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 on 12/6/22 at 7:53 am to Fusaichi Pegasus
It’s been common for several years now so it’s just normal.
Car dealers made it happen.
Now people just accept it.
Car dealers made it happen.
Now people just accept it.
Posted on 12/6/22 at 7:57 am to Fusaichi Pegasus
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".
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 on 12/6/22 at 8:22 am to Fusaichi Pegasus
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
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 on 12/6/22 at 8:24 am to Fusaichi Pegasus
Got a Ford Lightning on the way. Dealer is charging MSRP. Used to be only fools paid MSRP.
Posted on 12/6/22 at 8:33 am to Fusaichi Pegasus
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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