Jefe1018
Well-Known Member
I understand supply and demand, but at what other point in automotive history could you as a consumer drive a vehicle for two years and 40,000 miles then sell it for a profit substantial profit?They are not getting away with anything; they are serving the market as it exists today. No different from when I "got away with" under-cutting them by $8k during the down market. Up-market charges are no different.
There is a chip shortage causing dealers to claim “market adjustment values” - fair enough - but charging more than original MSRP on a used vehicle? It is a perfect storm of shortages caused by a pandemic and free flowing money at the moment. That well will dry up eventually - with what I foresee as dire consequences across multiple industries.
Maybe it is just my financial paranoia, but a consumer letting themselves be talked into that is pure ludicrous and I feel my intelligence being insulted by dealers that claim “that’s just what they cost now, are you just broke and mad?” attitude.
They are indeed, getting away with it as dealerships are an outdated business model that continually block legislation that would allow consumers to purchase vehicles directly from manufacturers, hide the true cost and go after companies suchas Tesla that provide single price to all consumers, no gimmicks.
Dealers are known to be sneaky, money hungry and completely unethical.
Are there good dealers out there? Yep. Do I trust them further than I can throw them? Nope.
Not as a great of a deal as I was offered in March of last year, but still $6600 (11.3%) under MSRP. Not $7,000 over MSRP as stated above.Seems high...
Sponsored