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Posted: 3/30/2023 5:13:21 AM EST
[#1]
Local Chevy dealer just posted a car with about the same markup above msrp.
It’s been common for at least 15 years on 1 off type cars. |
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Posted: 3/30/2023 5:33:13 AM EST
[#2]
The inventory on the lot at the local dealers has tripled in the last couple months. Driving by, they pretty much look back to normal. I don’t know if that means anything significant, but maybe people aren’t jumping at the chance to pay “market adjustments” anymore at least on common vehicles.
This is all a produce of government interference in the free market. If you removed the laws that protect dealerships we would all be in a better place. I should be able to buy my car from the manufacturer or the dealer just like I can most products. |
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Posted: 3/30/2023 5:47:02 AM EST
[#3]
Quote HistoryQuoted: The inventory on the lot at the local dealers has tripled in the last couple months. Driving by, they pretty much look back to normal. I don’t know if that means anything significant, but maybe people aren’t jumping at the chance to pay “market adjustments” anymore at least on common vehicles. This is all a produce of government interference in the free market. If you removed the laws that protect dealerships we would all be in a better place. I should be able to buy my car from the manufacturer or the dealer just like I can most products. If you could buy from both, the dealerships would be gone generally speaking. Yes there are a lot of good independent shops out there, but there are also lots of areas without them. Also times with newer cars in warranty periods, times that independent shops don’t have specialized tools etc. A lot of independents are so busy right now (or at least the ones you want to go to) that they are weeks out to get you in too. So when you pickup your new whatever from the manufacturer (who doesn’t do any work on the cars service wise) you’re gonna be really upset when you can’t get it worked on for 2 months at a independent shop… who undoubtedly will be charging much higher rates due to supply and demand. Then instead of walking out with no bill because of warranty, maybe you have a bill now until you get your money warranty check from whichever manufacturer. |
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Posted: 3/30/2023 6:28:21 AM EST
[#4]
Many dealer owners are keeping atleast one car for themselves so that takes away probably 500-1000 of the cars. I've read about approximately 50 more being sold at MSRP. I've read of some dealers requesting $200k ADM. Pretty wild ride
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Posted: 3/30/2023 6:30:44 AM EST
[#5]
You know why the pink tax exists? Because women tolerate it.
So don't tolerate the price of the vehicle and just walk away. |
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Posted: 3/30/2023 6:36:07 AM EST
[#6]
Quote HistoryQuoted: It's worth $200k to someone But that someone isn't me. Cool car though I've gave up on cars decades ago. Right now I'm running a 2009 Toyota Tacoma, basically a stripped 2 wheel drive, manual transmission and I'm perfectly content with it. I have never in my life shown up anywhere and had anyone ask what I arrived in. Who the fuck cares? I certainly don't. |
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Posted: 3/30/2023 6:40:12 AM EST
[#7]
They’re free to do so. They’re also free to be reminded of their pricing when the market is awash with cars and they can’t make a sale to save their lives. It would be a shame for someone to remind everyone of their business practices then when the dealership is in such tight financial constraints. My local ford dealer sent me an offer for my Gen 2 Raptor when they had a third on the way to the dealership. I let the sales manager know how I felt about his offer and he was genuinely offended. Then again…my counter offer may have mentioned asking if a night with his wife was included in the price he offered.
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Posted: 3/30/2023 6:41:00 AM EST
[#8]
Only poors complain
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Posted: 3/30/2023 6:55:41 AM EST
[#9]
Quoted: Demon 170. I called two dealerships and that is the price over the already 100 grand. Pisses me right the fuck off that this continues to happen. It's not about the money, I have it to spend. It's the greediness of the dealers and auto makers for not putting a stop to it. I know, weak rant, but still. That is some bullshit! I bet you could pay a company to build you a pretty awesome street rod that would outrun a Demon for $170K, and have plenty of money left over for tires. |
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Posted: 3/30/2023 7:03:14 AM EST
[#10]
Paying over $100,000 for any Dodge that isn’t a Viper is a stupid and trashy move lol
That’s like spending 2 grand on an XD |
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Posted: 3/30/2023 7:37:36 AM EST
[#11]
Quote HistoryQuoted: The inventory on the lot at the local dealers has tripled in the last couple months. Driving by, they pretty much look back to normal. I don’t know if that means anything significant, but maybe people aren’t jumping at the chance to pay “market adjustments” anymore at least on common vehicles. They can keep their common rolling appliances. |
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Posted: 3/30/2023 7:50:20 AM EST
[#12]
Quote HistoryQuoted: Making all they can now....government interference in the free market is going to kill them. FIFY |
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Posted: 3/30/2023 7:58:58 AM EST
[#13]
Everybody wants to be a Capitalist until it's time to do Capitalist shit.
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Posted: 3/30/2023 2:10:03 PM EST
[#14]
Just think in 10 years when everything is electric this car will be worth $500,000.
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Posted: 3/30/2023 2:14:31 PM EST
[#15]
Quote HistoryQuoted: The dealer I got my TRX from for $11k below MSRP just let 8 people place orders on the Demon 170 for MSRP which is Mark Dodge's complete Demon allocations. Pretty fucking amazing dealer. He's making a fat profit on them at MSRP, I'm sure. It's wise to not piss off your customers long term for small profits short term. /edit to add: I can attest to how insanely fast the Plaids are, even with four people in them |
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Posted: 3/30/2023 3:21:06 PM EST
[#16]
Quote HistoryQuoted: I'm going to guess that won't make a difference, but I appreciate that they're trying something Quote HistoryQuoted: Quoted: Dodge CEO and price markups by dealers addressed.... If you pay over MSRP you risk not getting the car built at all. Dodge is prioritizing builds from dealers who only charge MSRP. https://moparinsiders.com/dodge-ceo-unveils-strategy-to-prevent-markups-on-the-demon-170-model/ I'm going to guess that won't make a difference, but I appreciate that they're trying something Even if it does make a difference, it will just turn the market into a flippers paradise. |
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Posted: 3/30/2023 4:15:12 PM EST
[#17]
Quote HistoryQuoted: Even if it does make a difference, it will just turn the market into a flippers paradise. It's going to be that way anyway though. With the 100k markup or not, there are going to be people flipping them |
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Posted: 3/30/2023 4:19:38 PM EST
[#18]
Quote HistoryQuoted: I'm guessing you haven't attempted to buy a Civic SI or Civic Type R recently. MSRP is a fantastic (and likely unobtainable) deal for an FL5. Quote HistoryQuoted: Quoted: If I need a new car, it'll be a honda, ain't nobody charging over msrp for those nasty dogs. I'm guessing you haven't attempted to buy a Civic SI or Civic Type R recently. MSRP is a fantastic (and likely unobtainable) deal for an FL5. In reality, good luck buying a Type R at all. I'd be surprised if you can even get on the wait list for one now. Last I heard the lists are so long they won't even let you put a deposit down at this point. I had a similar experience getting on the wait list to buy a GR Corolla. It took quite a few calls to find a dealer who would even let me hop on for my (probably) 2 year wait... and no choice on any options. You get the color and packages that show up for your spot in line. At least the GRC only comes in black, white, and red, which are all fine with me. Crazy times. |
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Posted: 3/30/2023 5:29:09 PM EST
[#19]
Quote HistoryQuoted: In reality, good luck buying a Type R at all. I'd be surprised if you can even get on the wait list for one now. Last I heard the lists are so long they won't even let you put a deposit down at this point. I had a similar experience getting on the wait list to buy a GR Corolla. It took quite a few calls to find a dealer who would even let me hop on for my (probably) 2 year wait... and no choice on any options. You get the color and packages that show up for your spot in line. At least the GRC only comes in black, white, and red, which are all fine with me. Crazy times. Yup. Other than a few models, just about anything enthusiast-focused is produced in such limited numbers that MSRP is going to be tough and markups will remain a thing. I get that Toyota wanted/needed to limit production of the GRC, but I think the really underestimated the desire for it. Thankfully, it does seem like they will be increasing production numbers in subsequent model years. I had to call around quite a bit and go out of state to get my Supra, but that was mostly because I was very picky on color and engine (red or yellow, B58 only). |
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Posted: 3/30/2023 6:22:42 PM EST
[#20]
Quote HistoryQuoted: It's going to be that way anyway though. With the 100k markup or not, there are going to be people flipping them Quote HistoryQuoted: Quoted: Even if it does make a difference, it will just turn the market into a flippers paradise. It's going to be that way anyway though. With the 100k markup or not, there are going to be people flipping them Yep. Just starting with a huge dealer markup the flippers potential profit is a lot less. So less people with the means to buy and flip, or just less desire as the profit is a lot less. But with this attempt to keep all sales at MSRP, its going to be a feeding frenzy for flippers. Enthusiasts who just want the car to drive and enjoy are still going to have a hell of a time really getting one for MSRP. Its just a no win situation all around. As someone in line to buy a C8 Z06, I've seen how this goes lol |
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Posted: 3/30/2023 6:48:49 PM EST
[#21]
Quote HistoryQuoted: Isn't it the dealers doing the gouging when the automakers are telling them to knock it off? Gouging on a car? Get the fuck out commie. |
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Posted: 3/30/2023 7:04:49 PM EST
[#22]
Quote HistoryQuoted: Has nothing to do with government. I wouldn’t invite the government into anything. It does have to do with manufacturers getting their agents under control and not taking bribes for products. Quote HistoryQuoted: Quoted: Govern me harder, daddy!  Has nothing to do with government. I wouldn’t invite the government into anything. It does have to do with manufacturers getting their agents under control and not taking bribes for products. In front of the class, please tell us loudly and clearly what the S in MSRP stands for. |
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Posted: 3/30/2023 7:17:44 PM EST
[#23]
Quote HistoryQuoted: In front of the class, please tell us loudly and clearly what the S in MSRP stands for. Oooooo.... Oooooo.... SUGGESTED!!!!! |
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Posted: 3/30/2023 7:22:13 PM EST
[#24]
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Posted: 3/30/2023 7:36:28 PM EST
[#25]
It still pisses me off.
Found another dealer local that wanted 150k over MSRP. Ive waited a day to post a reply. Yes I get supply and demand, and yes capitalism. To rape is another problem. Speaking with the masses, I'd be fine with 25-50k over. Again, a pipe dream at this point as everyone else I've called has no more allocation. People are going to pay to play at this point. It is what it is. On a further note.. if any one has a line on an allocation for one that isn't 100k and I get on the waitlist through you and I receive the demon 170, I'll pay you $8700 bucks. Call your local dealerships and ask.. what's it going to hurt right?! |
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Posted: 3/30/2023 7:49:23 PM EST
[#26]
There's a lot of collectors that know this will be an a coveted car one day. And it marks all the right boxes:
LIMITED production (try buying any Porsche that comes from the factory with a number plate) MOST POWER EVER Can run off alcohol (Neva been dun befoe) has an optional parachute from the factory! LAST of a long lineage Dodge going electric after this, so last combustion. so if you know you are only going to be allotted 1 or 2 cars TOTAL. Are you going to sell it for MSRP? or you will try to maximize your profit. B/c the one guy that can get it for MSRP will probably turn around and flip it for a profit. There are guys that sell allocations to Ferraris, Lamborghinis and even the C8 vette and z06. People pay to be one of the few. |
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Posted: 3/30/2023 8:56:55 PM EST
[#27]
Quote HistoryQuoted: There's a lot of collectors that know this will be an a coveted car one day. And it marks all the right boxes: LIMITED production (try buying any Porsche that comes from the factory with a number plate) MOST POWER EVER Can't run off alcohol (Neva been dun befoe) has an optional parachute from the factory! LAST of a long lineage Dodge going electric after this, so last combustion. so if you know you are only going to be allotted 1 or 2 cars TOTAL. Are you going to sell it for MSRP? or you will try to maximize your profit. B/c the one guy that can get it for MSRP will probably turn around and flip it for a profit. There are guys that sell allocations to Ferraris, Lamborghinis and even the C8 vette and z06. People pay to be one of the few. Do you mean can run on alcohol? |
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Posted: 3/30/2023 9:04:13 PM EST
[#28]
Looks like capitalism has worked, OP.
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Posted: 3/30/2023 11:12:49 PM EST
[#29]
Quote HistoryQuoted: Do you mean can run on alcohol? Yes, sorry, mistyped. |
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Posted: 3/30/2023 11:20:15 PM EST
[#30]
Ntxt
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Posted: 3/30/2023 11:21:20 PM EST
[#31]
Quote HistoryQuoted: OP just learned about supply and demand….. EDIT: Also in before the shrill cries that dealerships should be abolished. They really should be. Direct sales is the way to go. |
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Posted: 3/30/2023 11:22:17 PM EST
[#32]
Quote HistoryQuoted: Gouging on a car? Get the fuck out commie. Quote HistoryQuoted: Quoted: Isn't it the dealers doing the gouging when the automakers are telling them to knock it off? Gouging on a car? Get the fuck out commie. Crazy thought, but it's actually possible for relatively fair market adjustments and gouging to exist at the same time. Up to the consumer to decide I guess. What some car forums are doing now is creating public "blacklists" of ADM dealers, refusing to do business with them, and making them famous online. I happily add to their database when I come across a shitty dealership. |
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Posted: 3/30/2023 11:25:00 PM EST
[#33]
Quote HistoryQuoted: No, there wouldn't be enough supply for how many people would be willing to pay $100K for one. And your Ford example isn't very good since they can't even come close to meeting demand for orders. Hell, I just waited 16 months for my Maverick order. This is a load of shit. If they increased production, there would be a plenty of supply. They don’t want to increase production despite the fact that they would make a fuck load more money in doing so. |
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Posted: 3/30/2023 11:26:04 PM EST
[#34]
Quote HistoryQuoted: I've gave up on cars decades ago. Right now I'm running a 2009 Toyota Tacoma, basically a stripped 2 wheel drive, manual transmission and I'm perfectly content with it. I have never in my life shown up anywhere and had anyone ask what I arrived in. Who the fuck cares? I certainly don't. the sooner one gets this the better off they will be. Life is much more satisfying. |
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