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  1. #41
    Join Date
    Jun 2020
    Location
    Reno, NV
    Posts
    631

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    This is an interesting article about inflationary warnings and a perspective on outlooks.

    https://apple.news/ANloSV_2FSkeUlhgXZmPNIA


    Making my new SA build come true!!!
    2020 SA 450 Wife calls it White Cloud. Said it makes her feel "Classy"
    2017 Sanger V215sx. We call it Viagra because it's the little blue pill that gets everyone up (Sold)

  2. #42
    Join Date
    Mar 2003
    Location
    Springfield Missouri
    Posts
    3,331

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    The Feds expect to increase interest rates four times this year so expect to pay higher loan rates. Somehow they think that will slow inflation. It hasn't in the past.
    1998 Mobius
    310 HP PCM
    SOLD

  3. #43
    Join Date
    Sep 2017
    Posts
    224

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    Bringing this back up to gather any feedback. I got the call from my dealer today up here in Canada asking for more cash.

    I had a suspicion things would be headed this way back in October, so I pushed the sales rep hard on locking in a price, signing a bill of sale and giving the $15K downpayment to lock in a build spot.

    It's only a 4% increase on my Supra SA...but the principal behind it really frustrates me. Any advice, I clearly still want the boat...but doesnt feel fair that the dealer's oversight on taking my money, offering a price on a signed bill of sale, and then coming back 4 months later feels fair as a consumer.
    2022 SA450
    2019 Mojo
    2017 Mondo - SOLD

  4. #44
    Join Date
    Aug 2020
    Location
    Middle Tennessee
    Posts
    685

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    Quote Originally Posted by jcredible View Post
    Bringing this back up to gather any feedback. I got the call from my dealer today up here in Canada asking for more cash.

    I had a suspicion things would be headed this way back in October, so I pushed the sales rep hard on locking in a price, signing a bill of sale and giving the $15K downpayment to lock in a build spot.

    It's only a 4% increase on my Supra SA...but the principal behind it really frustrates me. Any advice, I clearly still want the boat...but doesnt feel fair that the dealer's oversight on taking my money, offering a price on a signed bill of sale, and then coming back 4 months later feels fair as a consumer.
    My tactic would be along the lines of:
    "This is certainly not going to be my last new boat purchase, (17 mondo, 19, mojo, 22 SA, I see a pattern) but if this is the way you treat your customers after coming to an agreement then this will most certainly be my last new boat purchase from you. You can either screw me out of 5k today or you can make 50 over the next few years when I upgrade, your call."

    They have the margin to cover it, whether they will or not is unknown. There are probably other people who would pay for your build slot unfortunately the market sucks for buyers at the moment.
    2020 Supra SA

  5. #45
    Join Date
    May 2018
    Posts
    4,349

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    Quote Originally Posted by SONIC View Post
    My tactic would be along the lines of:
    "This is certainly not going to be my last new boat purchase, (17 mondo, 19, mojo, 22 SA, I see a pattern) but if this is the way you treat your customers after coming to an agreement then this will most certainly be my last new boat purchase from you. You can either screw me out of 5k today or you can make 50 over the next few years when I upgrade, your call."

    They have the margin to cover it, whether they will or not is unknown. There are probably other people who would pay for your build slot unfortunately the market sucks for buyers at the moment.
    I agree with this approach. My best estimate is that dealers have 30-35% margin on a Supra, not exactly sure on a Moomba.


    Sent from my iPhone using Tapatalk
    2021 Supra SA 400
    2018 Supra SA 400 (SOLD)
    Michigan

  6. #46
    Join Date
    Apr 2013
    Location
    Knoxville TN
    Posts
    2,481

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    Quote Originally Posted by larry_arizona View Post
    I agree with this approach. My best estimate is that dealers have 30-35% margin on a Supra, not exactly sure on a Moomba.


    Sent from my iPhone using Tapatalk
    I think in 2022 they adjusted Moomba number to have a bigger gap b/c Supra and Moomba were so different. Not sure of the exact numbers. But it was done to help the dealers.
    2018 Supra SL400

  7. #47
    Join Date
    Apr 2013
    Location
    Knoxville TN
    Posts
    2,481

    Default

    Quote Originally Posted by jcredible View Post
    Bringing this back up to gather any feedback. I got the call from my dealer today up here in Canada asking for more cash.

    I had a suspicion things would be headed this way back in October, so I pushed the sales rep hard on locking in a price, signing a bill of sale and giving the $15K downpayment to lock in a build spot.

    It's only a 4% increase on my Supra SA...but the principal behind it really frustrates me. Any advice, I clearly still want the boat...but doesnt feel fair that the dealer's oversight on taking my money, offering a price on a signed bill of sale, and then coming back 4 months later feels fair as a consumer.
    Agree with SONIC.

    15k is a good some of money for a down payment.

    Social media has a mixed bag. Some dealer are honoring the PO and eating the difference. Some are getting the Customer to pay the difference. Guess it depends on volume and build dates. Sort of a split year in 2022:
    * AUG to End-JAN has one price this year
    * FEB to JULY has the add'l increase.

    Are you set on a 22?
    Can you get a deposit back OR want to find a 21 out of state with warranty at a decent price? Decent price is hard to find. Plus the Dealer probably would not be too happy with Warranty work when they did not sell the boat.
    2018 Supra SL400

  8. #48
    Join Date
    May 2018
    Posts
    4,349

    Default

    Doing rough math on what a dealer makes on SC product…..

    If a dealer sells 10 Supras and 20 moombas.

    10 Supras at appx $30k profit $300k
    20 moombas at appx $20k profit $400k

    $700k doesn’t seem to be that much.


    Sent from my iPhone using Tapatalk
    2021 Supra SA 400
    2018 Supra SA 400 (SOLD)
    Michigan

  9. #49
    Join Date
    Sep 2017
    Posts
    224

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    Quick Update for anyone interested. Chatted with my dealer and agreed to split the surcharge.

    I think Consumer Protection Act actually protects me from this in Canada if I really wanted to push it...but feel splitting it feels fair to both me and dealer with joint accountability.
    2022 SA450
    2019 Mojo
    2017 Mondo - SOLD

  10. #50
    Join Date
    Apr 2012
    Location
    Lexington, SC
    Posts
    370

    Default

    Sounds like you and the dealer are both being reasonable in this situation and trying to come to a common ground in everyone's interest. If both you and the dealer are ok with the final pricing and surcharge/split it sounds like the situation was a win for both. Enjoy your new boat. Hope it all continues to work out well for you.

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