Paying more than MSRP

[Anonymous]

Anonymous wrote:In other parts of the country, there are no cars to be found. I live in Tennessee and wanted a RAV4 Hybrid and there were literally zero when I was looking in August and September. Knoxville, Nashville, Atlanta, none.

I ended up going to the DMV to buy my car and I paid MSRP. I'm just thankful I didn't have to pay over.

People seem to imagine it’s better elsewhere—it’s a national problem. I’m in NC and we couldn’t find a hybrid highlander.

[Anonymous]

I know Safford Hyundai / Genesis is selling at sticker -- no negotiations though. Lots of out of state buyers as well. Hang in there, OP. Don't go for more than MSRP!

[Anonymous]

Anonymous wrote:

Anonymous wrote:This market is nuts. I just (2 months ago) bought a 2019 used from a dealer. Today I was bored and turns out I can sell it to carvana for $3k more? Are people having side hustles buying and selling cars?

Maybe but the market will drop out with no warning and the 10 cars you own in inventory will all of a sudden be worth half.

That won't happen. These prices are here to stay for 2 to 3 more years. The micro chips shortage and shipping problems are real.

[Anonymous]

I was told for used cars you have to be really careful because there are a lot of cars that got flooded in Houston that got fixed up and are being resold up North. Especially in the Midwest.

[Anonymous]

Don’t think I can post a photo here but there is one floating on the Internet. A RAV4 hybrid in CA with $40,000 dealer mark-up. Nuts.

[Anonymous]

I know several people who have bought in the last month or two below MSRP.

Plenty of deals to be had if you aren’t waiting for a top trim hybrid.

[Anonymous]

Anonymous wrote:Don’t think I can post a photo here but there is one floating on the Internet. A RAV4 hybrid in CA with $40,000 dealer mark-up. Nuts.

It was a RAV4 Prime, but yeah, ridiculous.

[Anonymous]

Anonymous wrote:These prices are here to stay for 2 to 3 more years. The micro chips shortage and shipping problems are real.

Bingo. It’s going to ease slightly but that will take awhile. And manufacturers will be raising MSRPs significantly as their materials and labor costs have gone up. Tesla is already doing this—they’ve hiked the sticker price of several models by $6 to $10k+ this year. We’ll never see prices as low as they were in 2019, and the days of heavy discounting are over (never again will you get $10k off an F150).

[Anonymous]

It depends - we have an Acura and nissan to trade in and dealers seem willing to come off msrp if you have a decent trade in.

[Anonymous]

Very glad I bought new used in March 2021. (2021 w 500 miles)

[Anonymous]

Anonymous wrote:

Anonymous wrote:Never. And the attorneys general of the various jurisdictions should investigate this as an unfair trade practice.

Why, it’s supply and demand.

Selling above advertised price is classic bait and switch

[Anonymous]

We ordered a Suburu for the sticker price last month. It’s a factory order, we’re supposed to be getting it January or February. Thankfully dh’s 10 year old car is still hanging on.

[Anonymous]

Anonymous wrote:

Anonymous wrote:These prices are here to stay for 2 to 3 more years. The micro chips shortage and shipping problems are real.

Bingo. It’s going to ease slightly but that will take awhile. And manufacturers will be raising MSRPs significantly as their materials and labor costs have gone up. Tesla is already doing this—they’ve hiked the sticker price of several models by $6 to $10k+ this year. We’ll never see prices as low as they were in 2019, and the days of heavy discounting are over (never again will you get $10k off an F150).

Every time there is supply constraint we hear this. Until dodge and Chevy are willing to cede the pickup market to ford, they will produce and discount to move product. Ford will do the same to protect market share. The same thing happens to different degrees in every other segment

[Anonymous]

I just paid MSRP... at Tesla.

Not going to pay sticker price at other dealers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Never. And the attorneys general of the various jurisdictions should investigate this as an unfair trade practice.

Why, it’s supply and demand.

Selling above advertised price is classic bait and switch

Well if you find a dealer advertising at MSRP and refusing to sell at that then you should complain to an AG, altho tbh car dealers are so awful that is probably not a high priority for the AG.

The S in MSRP stands for “suggested”