“Market adjustments” still a thing?
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Anonymous
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We just started looking a new cars (both of ours are over 15 years old) and are going to drive a few this weekend.
On line the dealerships do not include market adjustments in their price but was wondering if they are still adding that bs mark up due to demand. Anyone bought had to pay the “market adjustment” recently? If so, what cars still have it? |
Anonymous
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It’s bs.
Do your research, find the OTD price you’re willing to pay on the car you want and offer that. Walk if they don’t accept your offer. So many dealerships in DMV. |
Anonymous
| I will never pay that. |
Anonymous
| Build/order it online. Avoids the market adjustment crap altogether because it was never dealer-stock to begin with. |
Anonymous
| You're just speaking of supply and demand. Cars in high demand with limited supply will sell for list price, oftentimes with additional profit padding in the form of meaningless obligatory dealer-installed options or fees. Cars which are readily available get discounted to get them to sell. |
Anonymous
| If you have time, the strongest position is to figure out what car you want, what trim/colors are acceptable, then draw a circle you’re willing to drive and then ask each dealer who has it for their best price. It won’t help that much, because they know it ruins their model to compete with each other. |
Anonymous
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We got a quote from Fitzgerald Toyota
MSRP was $25100 FitzWay Price was $25900 Dealer Processing $799 So this is how they send market adjustments? |
Anonymous
| Most are back to MSRP, but you may have to go to farther out suburbs to get that |
Anonymous
| What is a market adjustment? |
Anonymous
It’s when they list the base price of a car something other than MSRP. Maybe like the Fitzgerald price or the market price, Internet sales price. Then they add on dealer fees, registration, and tax, and then who knows what else like clearcoat But you often won’t see the actual MSRP listed on the website by the manufacturer on the invoice they give you. And of course it’s hard to tell if you have the same trim as what you’re looking at! To top it all off Toyota has a new thing called Toyota suggested retail price, which is basically the MSRP plus the destination fee, which is not seem to be negotiable in many dealers |
Anonymous
| We ruled out Sienna for this reason and bought Odyssey for 10% off MSRP. |