I agree that dealers should be giving the typical MSRP discounts and building customer relationships.
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I agree that dealers should be giving the typical MSRP discounts and building customer relationships.
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I mean being honest. Let’s say the economy tanks. Dealers inventory builds up. You go to buy a new Supra and they offer 30% off to move a unit. Would you say no and say only take 10% off because you just want the normal discount.
The pricing thing is working just the way it is supposed to imo. Ford raptors were selling over sticker price at one point. Heck the new Cadillac Escalade is over sticker price in some cases. Supply and demand from middle school. Kids used to do supply and demand business with atomic fireballs on the playground.
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I get the whole supply and demand and I am well versed in economics.
But I will say.......I will never buy anything with ADM. No vehicle is worth that, especially a Kia lol.
I would do some more research on the telluride/palisade, outstanding on the surface, but an absolute shitshow in the real world.
I know 3 friends who bought them and deeply regret it. 2 of the 3 got rid of them already and the 3rd is ready too.
I would actually never pay MSRP for anything major.
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I got a buddy that works for Hyundai/Kia finance which is one of the reasons we were entertaining the idea.
We're just gonna wait for the '22 Expedition to drop, it'll have a facelift and the new F150 interior...plus the capability to tow the boat.
Here's ADM:
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all good stuff but......
going back to '06 I bought a mitsu evo9. the dealer in boise had it priced at msrp(29k) plus 7.5k markup totaling 36.5k and taxes/fees on top. south coast mitsu in cali was the largest evo dealer in the nation and offered same car for(and don't ask me why I remember this) 27,988 otd only tax extra. those cars only had a couple options so it was apples. gave dealer in boise a chance and they told me to have a nice flight so I did and came home with a new one a month later.
as russell points out supply and demand is likely working the way it should as dealer in boise sold the car 5 months later just after I was in for first oil change. I was with 2 others picking up same car in cali that day. so economics 101 was good.
except in that case I was free to fly to cali to buy the car. had it been a supra boat, I would have been screwed to drive to cali to buy a new build boat as dealer wouldn't be able to sell it.
last I checked economy 101 wasn't predicated on dealer "territories".
neighbor behind me just took delivery on a new 2021 corvette. he flew to bowling green and took delivery at the vette museum and then had it shipped out. all of that was still cheaper than the local dealer that is offering 8k over msrp on any new vette.
my take is IF you are going to mandate dealer territories then you should also mandate MAP pricing like bose. to let dealers make up their own pricing based on profit margins needed but then tell customers you can ONLY shop from that dealer can set a sour taste in some mouths.
and rc, our ford dealer I pass by every day has 5 gt500's and 1 gt350 sitting in the front of the building all with markups. interestingly the blue one is only marked up a few grand but the lime green one has the same markup above. it's just over 130k.
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Corvette museum delivery is technically just a museum pass and they drive your car across the street and park it inside the museum and put some velvet ropes around it. I think you get a sticker and a wall plaque too. All for $995.
You may even get a small box of toothpicks.
Then they ship your car as normal to the selling dealer.
All said, the corvette museum is largely unimpressive other than when the giant sink hole formed under it and collapsed taking a few corvettes underground.
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That ZR1 was largely ok, all the wrecked cars are on display.
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