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A year ago, just 2.8% of car buyers were paying more than MSRP….today? 82% of buyers are

Posted on 2/17/22 at 5:33 pm
Posted by SPEEDY
2005 Tiger Smack Poster of the Year
Member since Dec 2003
83403 posts
Posted on 2/17/22 at 5:33 pm
quote:

When you’re purchasing a new car these days, it may feel a lot like you’re giving your dealership a fat tip.

To that point, 82% are paying above sticker price for new vehicles, according to new research from Edmunds.com. That compares with 2.8% a year ago and 0.3% in early 2020.


LINK


Posted by Gorilla Ball
Member since Feb 2006
11782 posts
Posted on 2/17/22 at 5:33 pm to
Jeez. Unless absolutely necessary I’d wait. Then wait again
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40885 posts
Posted on 2/17/22 at 5:35 pm to
quote:

Based on Edmunds’ research, Cadillac topped the list of brands selling the most above MSRP last month, with buyers paying $4,048 extra. That was followed by Land Rover at $2,565 and Kia at $2,289.


I mean why
Posted by Cshaw91
Member since Mar 2019
2325 posts
Posted on 2/17/22 at 5:35 pm to
Agenda 2030 “you’ll own nothing and be happy”
Posted by jamboybarry
Member since Feb 2011
32667 posts
Posted on 2/17/22 at 5:35 pm to
So what? I saved $.16 on my 4th of July picnic last year
Posted by Koach K
Member since Nov 2016
4117 posts
Posted on 2/17/22 at 5:36 pm to
There is no way any of this stuff actually gets paid for. Nor are the houses nor the ATVs nor bass boats nor financed vacation. None of it.
This post was edited on 2/17/22 at 5:36 pm
Posted by Civildawg
Member since May 2012
8601 posts
Posted on 2/17/22 at 5:36 pm to
Because the Kia telluride is the hottest car on the market. Ask me how I know. I had to go to Missouri to get a dealer to order me one at msrp most dealers are charging 2-5k markup
Posted by leftyloosey
Member since Jan 2022
574 posts
Posted on 2/17/22 at 5:38 pm to
quote:

Jeez. Unless absolutely necessary I’d wait. Then wait again


6 years later: "it's gotta come down eventually. Now where's my horse? I need to go to the store"
Posted by sweetwaterbilly
Member since Mar 2017
19351 posts
Posted on 2/17/22 at 5:38 pm to
I just ordered a new F-150 for 3k under MSRP. Only because I got the Ford X Plan.

Otherwise I would’ve waited it out. Every dealer I went to, they told me upfront it would be sticker or more.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119507 posts
Posted on 2/17/22 at 5:38 pm to
MSRP and higher
Posted by t00f
Not where you think I am
Member since Jul 2016
90530 posts
Posted on 2/17/22 at 5:40 pm to
chip shortage was happening prior to FJB.
Posted by dgnx6
Baton Rouge
Member since Feb 2006
68926 posts
Posted on 2/17/22 at 5:41 pm to
I just paid under.
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
25852 posts
Posted on 2/17/22 at 5:43 pm to
quote:

Jeez. Unless absolutely necessary I’d wait. Then wait again


I don't get why anyone is replacing a perfectly functional car now. Both the new and used market is nutz. As an example, I just reluctantly sold a 2004 M3 for $44,500. To put that in perspective I paid $58,350 for it new 17 freaking years ago. I spent more on insurance than depreciation.
Posted by lsunutinno
Dome Island
Member since Nov 2004
1302 posts
Posted on 2/17/22 at 5:47 pm to
Because they have far fewer vehicles to sell?
Posted by Teufelhunden
Galvez, LA
Member since Feb 2005
5587 posts
Posted on 2/17/22 at 5:50 pm to
USA about to start looking like Cuba
Posted by The Boat
Member since Oct 2008
164342 posts
Posted on 2/17/22 at 5:51 pm to
I sold my old vehicle in January 2020. Little did I know the world was about to end and I could have made a lot more hanging on to it for another year.
Posted by Y.A. Tittle
Member since Sep 2003
101667 posts
Posted on 2/17/22 at 5:53 pm to
quote:

chip shortage was happening prior to FJB.



Is there a statute of limitations on that excuse, or can we just go with it forever after now?
Posted by SPEEDY
2005 Tiger Smack Poster of the Year
Member since Dec 2003
83403 posts
Posted on 2/17/22 at 5:55 pm to
quote:

chip shortage was happening prior to FJB.



Yet,


quote:

That compares with 2.8% a year ago and 0.3% in early 2020
Posted by oleyeller
Vols, Bitch
Member since Oct 2012
32022 posts
Posted on 2/17/22 at 5:56 pm to
quote:

financed vacation


Is this a thing
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 2/17/22 at 6:00 pm to
I certainly bought my car at the perfect time.
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