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Reply to "What are the markups now?"
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[quote=Anonymous]How many times is this going to be asked?! No one really knows when the chip shortage is going to end. If you don’t desperately need a car right now, you’re probably better off waiting. If you desperately need a car right now, you’ll have a hard time finding a deal who isn’t charging a “market value adjustment”, but you can still negotiate down a bit from that price. Also not all dealers are charging the same market value adjustment. We needed a new car to replace my husbands 13 year old Honda with 245k miles on it, in preparation for baby number 3. A dealer in Frederick was charging a $5,000 adjustment on top of MSRP (not including taxes). The dealer we ended up going with was charging a $3,650 adjustment, and I got him down $1800 to an adjustment of $1850, plus taxes and title. [/quote]
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