I'm incensed by "dealer mark up" on new cars. How about you?

[CC27]

WarGamer (4,714 posts)


I'm incensed by "dealer mark up" on new cars. How about you?

We bought our first Toyota back in maybe... 2003? Then maybe around 2010 the local dealer was bought out by a new group.

When we were shopping for our 2012 Prius, every car on the lot had a small $1000-3000 dealer mark up added to the MSRP. Oh and they also were charging the $895 for "Paint Protection and Security Package" meaning another worthless markup.

Starting then, we travel 30 miles to another Toyota dealer where they sell at sticker price.

We've bought 3 more cars from that dealer since then.



And now... I've seen ridiculous mark-ups. Ford released their new crappy Bronco (check out the QC issues) and were asking up to 20k over sticker.

WHO pays over dealer price???

I mean, I guess I can understand if it's a 2023 Corvette Z06 or something... but for a Camry or a Tacoma?

https://www.democraticunderground.com/100216520756

Brandon did that so stop bitching.

[Ralph Wiggum]

Economic wizardry on full display.  Are local new car dealers allowed to make profit?  Are the manufacturers of the cars themselves?

Let's see, each invested a large or smaller fortune to create and provide products that the consumer demands.  And each part of the process requires a gigantic expenditure of overhead costs to do such things. Pretty much Econ 101, which very very few liberals have ever learned.  Which explains why almost every Democrat administration official under Sharty Joe and B.H.O. have never worked in a business outside of academia or politics.

[CollectivismMustDie]

WarGamer (4,714 posts)


I'm incensed by "dealer mark up" on new cars. How about you?

We bought our first Toyota back in maybe... 2003? Then maybe around 2010 the local dealer was bought out by a new group.

When we were shopping for our 2012 Prius, every car on the lot had a small $1000-3000 dealer mark up added to the MSRP. Oh and they also were charging the $895 for "Paint Protection and Security Package" meaning another worthless markup.

Starting then, we travel 30 miles to another Toyota dealer where they sell at sticker price.

We've bought 3 more cars from that dealer since then.



And now... I've seen ridiculous mark-ups. Ford released their new crappy Bronco (check out the QC issues) and were asking up to 20k over sticker.

WHO pays over dealer price???

I mean, I guess I can understand if it's a 2023 Corvette Z06 or something... but for a Camry or a Tacoma?

Hey, DUmbass,

Remember "cash for clunkers"?

barack asshole obama relieved the nation of thousands of tons of good repairable vehicles and damaged the used vehicle market for decades to come, depriving you and millions of others of an alternative, which it appears you could otherwise really use right now.

And you voted for him.

 

[Kc25]

Economic wizardry on full display.  Are local new car dealers allowed to make profit?  Are the manufacturers of the cars themselves?

Let's see, each invested a large or smaller fortune to create and provide products that the consumer demands.  And each part of the process requires a gigantic expenditure of overhead costs to do such things. Pretty much Econ 101, which very very few liberals have ever learned.  Which explains why almost every Democrat administration official under Sharty Joe and B.H.O. have never worked in a business outside of academia or politics.

So I've been kinda glancing around for another car... (I have 07 Mustang GT with 190k miles) still runs strong, I've taken pretty good care of it) but... 190k miles I'm thinking I could use a newer one. So as I said... just glancing...

Then I find a 2021 GT (new) that has an MSRP OF 37.4K... So, I call the dealer... salesman says "there is some mark up, but it's all negotiable.. I'm think high end 10-maybe 15%. Salesman says not too bad, and it's negotiable. So I drive 1 hour 20 minutes to Huntington Beach Ford, and the mark up price is 48.5k... while 1-2k may be some of the dealer add on gimmicks... the rest was just because they could... and they blamed the chip shortage.

I was miffed that the salesman knew I was driving that far and didn't mention the price was 11k more than MSRP.

They didn't accept my offer of MSRP... so I left without further adieu

[Patriot Guard Rider]

Brandon did that so stop bitching.

I have a 2005 F350 V8 turbo-diesel, Harley Edition, with 182k miles that looks new, runs like new and sounds bad-ass. I was offered $23k for it and turned it down. Why?

I'd have to buy something else at an inflated price (new is out of the question) and don't want to go through the mess of fixing it again.

The price of vehicles, new or used, is out of sight.

[SVPete]

When we were shopping for our 2012 Prius, every car on the lot had a small $1000-3000 dealer mark up added to the MSRP.

Piuses were highly fashionable virtue-signals around that time. So demand exceeded supply. Consequently a Toyota dealer would sell out its #00 allotment of Piuses, whether they charged straight MSRP or added $1K-$3K ADM. One of those choices would result in the lot being empty of Piuses for numerous time periods during the year, driving potential customers elsewhere. Welcome to Supply & Demand reality.

Anybody remember when VW diesel Rabbits were hyper-popular? I went to a VW dealership in April 1979 hoping to buy one, and learned there were none to be had. I "settled" for a conventional Rabbit, which I loved. Evidently, local dealers' ADM still didn't balance unanticipated demand. That was my experience with demand exceeding supply, though I didn't whine about the VW dealer, then or now.