What do you call that annoying dealer markup?

[Tortooga Custom Works]

What's it called when you're getting a new rare vehicle and the dealer tacks on a certain dollar amount to the MSRP? Messed up, yes, but it has a specific word that for the life of me I just can't remember right now...

I'm starting the conversation with my local dealership. Actually where we got and service my wife's Grand Cherokee. We don't have pricing yet, and I don't know if we'll have pricing at the time of ordering, but I basically want to make it clear that when my order comes in, and we go to actually figure out financing or whatever, they had better not even think of adding a ________ - whatever that number is...

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[homerun]

second sticker

 

[kayakmike]

Market adjustment

https://www.scam-detector.com/article/market-adjustment-fee

 

[Tortooga Custom Works]

Market adjustment

https://www.scam-detector.com/article/market-adjustment-fee

Thanks! That one led me to the one I was looking for: ADM - additional dealer markup

I learned the term when trying to get a Ford Focus RS a few years back. I ended up not getting it because all the dealers in the area had an ADM of at least $10,000.

 

[misanthrope]

Capitalism.

 

[Tortooga Custom Works]

Capitalism.

#truestory

 

[Tortooga Custom Works]

Although, I think the ADM was possible by the dealers because of allocations. You couldn't actually order an RS, you had to wait for the dealer to get their allocation, and there were serious waiting lists. Dealers were allocated small numbers so they tried arguing that they could charge more...

If I'm ordering a JT, they can't charge me more than MSRP... I'm imagining... I'd love to get on the bandwagon and order from the NC dealership or NV dealership, but I think flying out and driving back to NJ would be a huge inconvenience... so hopefully I can get a decent deal locally. Hopefully.

 

[K enny]

the shaft

 

[billyjk7]

the shaft

Dont worry about that.....order it.from a forum sponsor dealership and save yourself the grief

 

[bangolia]

Although, I think the ADM was possible by the dealers because of allocations. You couldn't actually order an RS, you had to wait for the dealer to get their allocation, and there were serious waiting lists. Dealers were allocated small numbers so they tried arguing that they could charge more...

If I'm ordering a JT, they can't charge me more than MSRP... I'm imagining... I'd love to get on the bandwagon and order from the NC dealership or NV dealership, but I think flying out and driving back to NJ would be a huge inconvenience... so hopefully I can get a decent deal locally. Hopefully.

tread lightly - they should honor this and give you 1% below invoice.

 

[Casique]

Capitalism gives you the option to go somewhere else!

 

[Troybilt]

Capitalism gives you the option to go somewhere else!

Are you saying you don't have that option?

 

[misanthrope]

Although, I think the ADM was possible by the dealers because of allocations. You couldn't actually order an RS, you had to wait for the dealer to get their allocation, and there were serious waiting lists. Dealers were allocated small numbers so they tried arguing that they could charge more...

If I'm ordering a JT, they can't charge me more than MSRP... I'm imagining... I'd love to get on the bandwagon and order from the NC dealership or NV dealership, but I think flying out and driving back to NJ would be a huge inconvenience... so hopefully I can get a decent deal locally. Hopefully.

From Jersey, you'll be better off going to the Maryland/DC dealers for a great deal. Take a train/bus, they'll pick you up and they do 8% below invoice on ordered JLs (and have always done 5%). The best Maryland dealers are 3 hours from Edison. They'll all post on here eventually. F MSRP, and F invoice. That's capitalism (real competition, baby).

 

[Tortooga Custom Works]

Maryland/DC I'd go to. I used do that trip on the Acela Express regularly. That's easier for sure.

I'll dig through the JL Forums and see if I find one... unless there's one you recommend...?

 

[bangolia]

Maryland/DC I'd go to. I used do that trip on the Acela Express regularly. That's easier for sure.

I'll dig through the JL Forums and see if I find one... unless there's one you recommend...?

Koon is the recommended place however they are not saying if they will be under invoice. The person I was talking to said it would be above msrp for a while.

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