Started By
Message

re: Are dealerships still charging above MSRP?

Posted on 12/7/22 at 10:04 am to
Posted by Koach K
Member since Nov 2016
4117 posts
Posted on 12/7/22 at 10:04 am to
quote:

Dream


Until the factory nudges them out for not selling them fast enough. What goes around comes around.
Posted by AUFANATL
Member since Dec 2007
3928 posts
Posted on 12/7/22 at 10:28 am to
quote:

I have a 2013 Ford Fusion, 70k miles. You guys can laugh all you want, but if if lasts me another 10+ years I'm driving it till the end.


Expecting a Ford Fusion to last 20 years is asking a lot.

But your overall point is still valid. There's more cost saving in buying used and nursing it along as far as you can. But most people see cars/trucks as a status symbol or their favorite toy and get a major endorphin rush when they sign that contract at the dealership.
Posted by tigerbutt
Deep South
Member since Jun 2006
24604 posts
Posted on 12/7/22 at 10:37 am to
quote:

I have friends in the business. They are laughing their asses off at how much they are making off people.


You have shitty friends.
Posted by WM88
West Monroe
Member since Aug 2004
1591 posts
Posted on 12/7/22 at 1:00 pm to
I bought a truck Jan 2021. At that time, the squeeze was just getting started. I had been wanting to buy for a while as my other vehicle was no longer dependable. I had been waiting and waiting for EOY inventory liquidations which never came.

I found a vehicle that I could live with (base model F150 xlt crew cab), no bells and whistles.

I went to the dealership and told them I wanted to pay 32k for the vehicle...They did lower their price to 32k but hid some costs. I agreed to finance with them because I knew they would get a cut of the financing.

Today same truck (newer year model is 50k starting price)

I paid the truck off in 6 months.

If I tried to do that today (tell them what I was willing to pay), I would get laughed off the lot.
Posted by Kracka
Lafayette, Louisiana
Member since Aug 2004
40859 posts
Posted on 12/7/22 at 2:13 pm to
quote:

They Hyundai dealer in Gonzales isn’t marking up, at least they weren’t a few months ago


They are not. We bought a Palasade from them a few months ago. They were the only dealership that wasn't charging the markups. My wife contacted a shitload of louisiana and texas dealerships.
Posted by SlickRick55
Member since May 2016
1899 posts
Posted on 12/7/22 at 2:20 pm to
quote:

I have friends in the business. They are laughing their asses off at how much they are making off people.


This. We (American consumers) are the dumb ones for creating this perpetual cycle. We buy stuff just to say we did.
Posted by Robin Masters
Birmingham
Member since Jul 2010
29996 posts
Posted on 12/7/22 at 2:35 pm to
quote:

Are dealerships still charging above MSRP?


No clue but I know I just went on auto trader and the small engine version of the GLS merc is $115K. They were around $75k last year when the wife was looking. Wtf???
Posted by armsdealer
Member since Feb 2016
11533 posts
Posted on 12/7/22 at 2:50 pm to
Depends on what you want. Enough dealers are doing msrp or even a slight discount with orders that you can find something not stupid high if you are flexible. Even some of the hot cars that are in less desirable configurations are obtainable. Dealers need to sell the mundane to get that z06
Posted by RTRinTampa
Central FL
Member since Jan 2013
5532 posts
Posted on 12/7/22 at 3:49 pm to
There are always dealer discounts for inhouse financing. If they think your financing 84 months at 6.9% with one of their partner lenders, not necessarily Honda finance, they can and will knock some off the price.
Posted by tiger91
In my own little world
Member since Nov 2005
36744 posts
Posted on 12/7/22 at 4:23 pm to
quote:

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.


We bought last March ... got more on our trade than selling it ourselves AND we got 0% financing ... and I pitched a fit (a minor one) when I refused to pay VIN etching. Was ready to walk over $350 lol They removed the charge which was great .. especially as the whole damn windshield needed to be replaced 3 months later.
Page 1 2 3 4 5 6
Jump to page
first pageprev pagePage 6 of 6Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram