Market Adjustments - LOFL

[Mac]

In my area months ago it was between 6k to up to 17k over sticker price. Ive noticed a lot of people seem to defend this price gauging as free market on forums and youtube. But like i said when people start gauging and "marking up" things like food and water... it will be hard to defend it it then.

A little different, you don’t need a new vehicle to survive.

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[1996XJ]

A little different, you don’t need a new vehicle to survive.

Im not saying a jeep gladiator is a right or anything lol. But food and water is not a right either, if someone cant afford to eat then they wont eat. All im saying is if farmers decide to jack the price up on all their goods at the same time ide like to see people defend it. Just charge the value of goods. Leave the gauging to scumbags.

 

[sharpsicle]

Just charge the value of goods.

The value of goods is determined by supply and demand in the market. Low supply and high demand equals higher prices. Hard to say this isn't true with new vehicles today. You may not like it, but that's exactly what's happening here.

 

[1996XJ]

The value of goods is determined by supply and demand in the market. Low supply and high demand equals higher prices. Hard to say this isn't true with new vehicles today. You may not like it, but that's exactly what's happening here.

I think what is confusing people with the vehicle aspect is how some dealers are charging below invoice in southern california, some are charging MSRP, some are asking 6, 8, or up to 17 thousand above MSRP all within an hour drive of each other. For the same exact Gladiators. I understand its going to be different from brand, to models, and popularity. But for the same exact truck?

 

[sharpsicle]

I think what is confusing people with the vehicle aspect is how some dealers are charging below invoice in southern california, some are charging MSRP, some are asking 6, 8, or up to 17 thousand above MSRP all within an hour drive of each other.

I don't think that's confusing at all. Just different selling models. One dealer might be adding on 15k and banking on the fact that once the other, lower priced dealers sell out, they'll then sell theirs at the markup due to lower competitive supply. He then gets max profit per sale for "hanging on".

The other dealer, meanwhile, might be looking just to move their inventory and can't/won't hang on to it longer for an additional single-sale profit. They are banking on the fact of returning volume instead. Their profit is going to be distributed over multiple sales, unlike the dealer in the higher-markup situation.

Just different plans based on availability forecasting.

 

[1996XJ]

I don't think that's confusing at all. Just different selling models. One dealer might be adding on 15k and banking on the fact that once the other, lower priced dealers sell out, they'll then sell theirs at the markup due to lower competitive supply. He then gets max profit per sale for "hanging on".

The other dealer, meanwhile, might be looking just to move their inventory and can't/won't hang on to it longer for an additional single-sale profit. They are banking on the fact of returning volume instead. Their profit is going to be distributed over multiple sales, unlike the dealer in the higher-markup situation.

Just different plans based on availability forecasting.

I completely understand that thinking, i just think if things return to normal the average car buyer will remember who treated them fairly for return business. Where i live it wont matter. There are tons of people who can pay whatever they are told and gladly do it to drive something they want and not wait.

 

[Hootbro]

I do not blame the dealers in this current market. When you got a product that cannot be readily replaced in quantity and there is a cottage industry of people buying your product at full MSRP and then flipping it themselves, leaving that money on the table for a flipper is stupid.

It is what it is and most would do the same themselves. Up here in the Northeast with the Ida flooding a few weeks back, has compounded the issue just that much more.

 

[Jocww]

I dont care if you price it high thats fine you gotta make a living. But if you do the bait and switch, or you know something is broken you write it down on the fix it ticket prior to purchase and then you renig on it. Thats what pisses me off. Not to mention they treat you like an idiot when your trying to spend money, and then when you have your lawyer tell them to eff off and fix it or be sued they still fight you tooth and nail hoping that you will quit before it gets to expensive. Luckily I have a few lawyers in the family.

 

[sharpsicle]

I do not blame the dealers in this current market. When you got a product that cannot be readily replaced in quantity and there is a cottage industry of people buying your product at full MSRP and then flipping it themselves, leaving that money on the table for a flipper is stupid.

It is what it is and most would do the same themselves. Up here in the Northeast with the Ida flooding a few weeks back, has compounded the issue just that much more.

This guy gets it!

But seriously, quit making it sound like dealers are strong-arming you into paying more for vehicles. They aren't. Transactions are two-way, and these markups are the dealer telling you where they're willing to let it go at. Don't like it? Don't buy it. If enough people don't buy it, then it corrects itself by either the dealer lowering the price, or the dealer not making sales and shutting down. But if the people are still buying them, then that's the market and you either buy in that market or you don't.

This is basic 101 stuff here folks. You don't have to play if you don't want to. Attacking dealers or dealer owners over vehicle pricing is not only transparently disingenuous but also a waste of everyone's time. It also reeks of buyer entitlement. You want to bash them for being shitty people? By all means. But pricing? That's just stupid. Go buy elsewhere if you don't like the price.

 

[SwampNut]

BUT WAAAAAHHHHH IT'S NOT FAIR!!!!

Same with the ammo and gun parts "gouging." It's called free market. Since 1999 and the Y2K idiocy, I've learned to buy cheap before the panic, store it, sell a bunch when morons panic, profit, buy again later. Also, it's actually good for society to find and set a market price, otherwise hoarders and scalpers will buy the product and create an artificial problem.

 

[Iamstubb]

Lots of full MSRP and markups even in August when I was shopping. I shopped CA, OR, AZ and NV to try to find an M6 to my liking. Prices were MSRP or above with adjustment, $2k-5k. Got a better deal in NV so, for the price of a flight to Las Vegas, I got exactly what I wanted. Dealer in my town had huge markups on everything. I've owned 5 FCA's and never bought locally. But I have been willing to travel to get the car I want.

 

[allenjh]

Prices are still normal in Oklahoma.

 

[TRAILGP]

I spent a great deal of time shopping southern California dealerships (from Bakersfield to El Cajon.) I ended up driving my trade-in to Clovis CDJR who had a very healthy discount, honored all rebates and even found me an additional rebate if I chose to finance part of my purchase. I'll admit I was worried that upon arrival there would be some surprise of a dealer mark up. Much to my surprise the transaction went as discussed. Smooth, clean and no surprises. They didn't even charge me for the dealer installed tracking system.

This was back in July - I have several dealerships still contacting me on vehicles that I had inquired about. In 2 cases they are still sitting on the same vehicles I inquired about.

 

[SwampNut]

Prices are still normal in Oklahoma.

Normal as in MSRP, or normal as in the normal discounts off MSRP? Because if it's the latter, you can make a killing bringing cars to AZ, where MSRP+3k is the new normal.

 

[a48jeep]

This thread has made for interesting reading as I am in the market for a Gladiator, Ecodiesel...I think!

Several of the higher-end JT's I have looked at seem awfully expensive. If a dealer can get it, then more power to them, for myself, I am patient. Western WA has very few Gladiators on dealer lots, those that are available seem mostly higher end and expensive. Eastern WA has a better selection unless it has upgraded wheels, tires and bumpers added to it. I am willing to shop further away to avoid higher sales taxes and have better selection. For now, I shall stick with old Jeeps!

Cheers-

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