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With Car Dealerships exploiting consumers by selling well over MSRP
Posted on 5/2/22 at 10:39 am
Posted on 5/2/22 at 10:39 am
Why is there not more selling direct from the manufacturer like Tesla? Went to 3 dealers over the weekend and left pissed off at all 3. Charging $8k over MSRP because there are ……….less intellectual people that will pay it. Not sure it will ever come back down with the devaluation of the Dollar………I think its likely MSRP just goes up to meet the demand price.
This post was edited on 5/2/22 at 10:41 am
39
Posted on 5/2/22 at 10:40 am to Palm Beach Tiger
The manufacturer gets paid when the vehicle hits the lot. They have literally 0 incentive to do this
I figured a more......intellectual person would know this.
I figured a more......intellectual person would know this.
This post was edited on 5/2/22 at 10:41 am
Posted on 5/2/22 at 10:41 am to Thib-a-doe Tiger
Selling twice as many cars is not incentive?
Posted on 5/2/22 at 10:42 am to Palm Beach Tiger
Explain how it’s exploiting? You aren’t required to buy that Ridgeline from them.
Posted on 5/2/22 at 10:42 am to Palm Beach Tiger
The manufacturer won't knock off 5k if your wife gives them a bj on the test ride.
Posted on 5/2/22 at 10:43 am to Palm Beach Tiger
quote:
Selling twice as many cars is not incentive?
Based on what data? Will more people enter the car market because they get rid of dealerships? More people start frickin' to celebrate the demise of dealerships, resulting in more future people? Where's the data?
Posted on 5/2/22 at 10:43 am to SuperSaint
So now that we know who works at car dealerships……. Lol.
Posted on 5/2/22 at 10:43 am to Palm Beach Tiger
Car stealerships can go to hell. Outdated business model.
Posted on 5/2/22 at 10:44 am to Palm Beach Tiger
,Talked to a Chevy dealer owner a few months ago. He said he has made more money in the last 2 years that he has in 25 years.
Posted on 5/2/22 at 10:44 am to Palm Beach Tiger
quote:
So now that we know who works at car dealerships……. Lol.
If pointing out flawed logic puts you in the car business, then I guess let me hit the lot
Posted on 5/2/22 at 10:47 am to Thib-a-doe Tiger
quote:
The manufacturer gets paid when the vehicle hits the lot. They have literally 0 incentive to do this
I think manufacturers like repeat customers.
quote:
Car manufacturers have begun asking dealerships to take it easy on the price gouging. General Motors made its plea last week and Ford has followed up by reiterating its own concerns during the company’s Q4 2021 earnings report. The Oval is worried that dealer markups are tainting its relationship with customers, with top executives making casual references to the trend back in November. Ford CEO Jim Farley is now telling dealers that they need to cut it out lest they be punished by the manufacturer.
Posted on 5/2/22 at 10:48 am to Thib-a-doe Tiger
quote:they would get paid right then if people were allowed to order direct.
The manufacturer gets paid when the vehicle hits the lot. They have literally 0 incentive to do this
I figured a more......intellectual person would know this
Posted on 5/2/22 at 10:49 am to crimsonsaint
quote:
I think manufacturers like repeat customers.
Who do you think buys the most vehicles from them? And by the most, I mean all
Posted on 5/2/22 at 10:49 am to lsufan1971
quote:majority of people earned more the last 2 years. Typical earning trajectory for the majority fwiw
Talked to a Chevy dealer owner a few months ago. He said he has made more money in the last 2 years that he has in 25 years.
Posted on 5/2/22 at 10:49 am to Palm Beach Tiger
Stealerships are the Realtors of the car world.
But to answer your question, there's a lot of power in that dealers and the manufacturers don't want to piss them off. Also some states prohibit direct sales (i.e. Texas)
But to answer your question, there's a lot of power in that dealers and the manufacturers don't want to piss them off. Also some states prohibit direct sales (i.e. Texas)
This post was edited on 5/2/22 at 10:50 am
Posted on 5/2/22 at 10:50 am to SuperSaint
quote:
explain how it’s exploiting? You aren’t required to buy that Ridgeline from them
I understand how sales work. People are paying these prices, which in itself another issue. But marking up a vehicle 20%, from the manufacturer's recommended dealer price, higher than its ever been marked up in the history of selling cars is exploiting consumers. Just my opinion.
Posted on 5/2/22 at 10:51 am to Palm Beach Tiger
It’s illegal in most states to sell direct to consumer for car manufacturers. Even if it wasn’t most like the layers of shite it puts between them and the consumer when shite goes wrong.
Posted on 5/2/22 at 10:51 am to Palm Beach Tiger
Dealerships are allocated so many vehicles/models. If they are able to sell them before the hit the lot, they still have to wait in the que to get more cars.
Also, as far as I was aware of dealerships always priced over MSRP as this gave them additional wiggle room, and more profit for those that don't negotiate. With the way cars are moving, and limited supply, where is the incentive for them to change?
Also, as far as I was aware of dealerships always priced over MSRP as this gave them additional wiggle room, and more profit for those that don't negotiate. With the way cars are moving, and limited supply, where is the incentive for them to change?
Posted on 5/2/22 at 10:51 am to CarRamrod
quote:
they would get paid right then if people were allowed to order direct.
And would have to open repair/servicing facilities, hire staff and provide benefits to man them, not be able to use the dealer as a middleman in a dispute, etc.
I'm sure grandpa would love to drive 12 hours to his nearest Ford servicing facility for a recall.
Posted on 5/2/22 at 10:53 am to billjamin
quote:I think all but 11 states prohibits direct sales
Also some states prohibit direct sales (i.e. Texas)
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