Market adjustment pricing

[sypeck]

Crazy what’s going on with the market adjustment pricing Rubicon 392 15,000 over MSRP gladiators and wranglers 5000 over MSRP here in the Northern Jersey area Glad I got in before this dealer $hit took place.

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[Garemlin]

It's a sellers market for sure. Inventories are pretty low everywhere. I don't know how some of the dealers in my area are staying in business. As far as ADMs I guess dealers are looking to make up for lost revenue. Most people won't pay it though. Not unless they are desperate for a new vehicle. They will just sit back and wait for it to level out. Just like the real estate market.

Buying a house or a new car right now for over MSRP or value would be a big mistake. In a few years you'll be so upside down.

 

[sypeck]

When I bought the JT Mojave June 15 the dealer would not budge off MSRP but made up the difference in my trade value so I was ok with the deal But I never would’ve looked at it 5000 over MSRP

 

[GOCAMPN]

It's a sellers market for sure. Inventories are pretty low everywhere. I don't know how some of the dealers in my area are staying in business. As far as ADMs I guess dealers are looking to make up for lost revenue. Most people won't pay it though. Not unless they are desperate for a new vehicle. They will just sit back and wait for it to level out. Just like the real estate market.

Buying a house or a new car right now for over MSRP or value would be a big mistake. In a few years you'll be so upside down.

Unless you get this deal! One person bought the seller's house, AND the house they were moving into - just to win the bid.
The US housing market is so hot, buyers are going to wild lengths to get their offers accepted - CNN

 

[db305]

It's a sellers market for sure. Inventories are pretty low everywhere. I don't know how some of the dealers in my area are staying in business. As far as ADMs I guess dealers are looking to make up for lost revenue. Most people won't pay it though. Not unless they are desperate for a new vehicle. They will just sit back and wait for it to level out. Just like the real estate market.

Buying a house or a new car right now for over MSRP or value would be a big mistake. In a few years you'll be so upside down.

houston has an insane amount of gladiators sitting on the lots right now while every dealership outside of a chrysler-dodge-jeep-ram and luxury brands are pretty much empty. it's kind of strange to see.

 

[Ogre_FL]

I remember 2 years ago when the Gladiator came out.
They were pretty proud of them too.
I feel REAL bad for anyone who bought at this pricing.

 

[Mac]

Well it’s NJ so…

 

[MoparToYou]

Our local dealership has a tag hanging from the mirror of each vehicle that has their "no haggle price" on it. On pickup trucks that price used to be about $11,000 off of MSRP. On Jeeps the price used to be $5000 to $6000 off of MSRP. When I bought my Gladiator for $53K (which was $6K off of MSRP) you could buy a nicely optioned JLUR for $52K. Now they don't have any regular pickup trucks in stock, and no Gladiators either. They have a Ram TRX in stock, with a "no haggle price" of $91K (MSRP is $80K). And they have one JLUR in stock, and their "no haggle price" is $62K. So prices locally on a JLUR are up $10,000 from 10 months ago. You can't even buy a regular pickup truck or a Gladiator locally, they haven't had one for months. The new car dealerships have become used car dealerships to stay in business.

 

[sypeck]

Unless you get this deal! One person bought the seller's house, AND the house they were moving into - just to win the bid.
The US housing market is so hot, buyers are going to wild lengths to get their offers accepted - CNN

We live in the NYC area of Nj and houses list for 799ish and sell for over 1.2M its crazy it was also like this 2 years ago when we moved here

 

[GOCAMPN]

We live in the NYC area of Nj and houses list for 799ish and sell for over 1.2M its crazy it was also like this 2 years ago when we moved here

Yeah! I bought in NJ in 2018 and my home is currntly estimated at nearly double what we paid. Too bad I don't have anywhere to move if I sell, haha!

 

[kmy8199]

My friend has bought and sold 4 Ram trucks in the past two months... He buys at a dealer, and sells to Carmax. He's made 10,000 doing this. It can't be helping the pricing.

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