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Cars and Transportation
Reply to "Car Bubble about to Pop"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I hope it's true. I was completely disgusted by the greed of the dealers who were marking up new cars just to take advantage of people in the pandemic. My car brand loyality is gone.[/quote] You are as ignorant of basic economics as the current president [/quote] NP. You’re the ignorant one. PP is describing basic market forces of supply and demand that had me paying $2.5k above MSRP, and that’s after I shopped around, walked out of one dealership, and negotiated another dealer’s $5k markup down because they told me over the phone there was no markup. Sure, dealers are free to charge what the market will bear. But MSRP already has a profit margin for the dealers, so most car manufacturers don’t want dealers to add “additional dealer markups” or ADMs. So, is trying to squeeze additional profits greed? PP, rethink your loyalty to specific dealerships charging ADMs, not to the car (unless you had a bad experience there too). [/quote]
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