Reply to Dealers charging thousands over MSRP

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The days of negotiating with dealers for $5,000 less than sticker price are over (at least for now). It's simply supply and demand. Dealer inventory is incredibly low and as long as there are people willing to pay $5,000 over MSRP for a vehicle, they will charge that amount. It's not sleazy - it's what the market is like right now. Are homeowners sleazy when they sell their homes for more than what they're appraised for? Are bars and restaurants sleazy because they charge $40 for a bottle of wine you can buy at the store for $20, or $8 dollar for a beer you can get for $3?

You used to be able to buy cars for less than MSRP primarily for two reasons - either the dealer received a rebate from the manufacturer that allowed the dealer to buy the vehicle from the manufacturer for a price less than MSRP that the dealer then flowed down to you, so you were also able to buy the vehicle for under MSRP, or the dealer was willing to "take a loss" on an individual vehicle that they sold to you at less than what the dealer paid the manufacturer because they received incentives from the manufacturer for exceeding certain sales targets (i.e. they would take a $1,000 loss on an individual car if that sale pushed them over the hurdle that got them $10,000 from the manufacturer). Neither of these things exist right now in this market - manufacturers don't need to provide incentives right now to move their inventory due to the supply/demand of the market.

In terms of them selling cars they don't yet have on their lot, I'm not sure I understand your complaint there. It's not like dealers are taking customer's money for cars and then not delivering the vehicles. Dealers have lists of vehicles that are in-transit and arriving at their dealership. Some will let customers reserve these cars by putting down a deposit so that they can come in and buy the car once it arrives on their lot. No one is getting scammed by paying for a car that never arrives. And if a customer was actually dumb enough to pay cash for a car that is not on the lot and that they've never seen, then shame on them. [/quote]

You sound like a car salesman justifying your dishonest ethics. Do I think that the car dealers and oil companies jacking up the costs of cars and gas is just good business and the same as a restaurant marking up a bottle of wine? No. It's more like grocery stores marking up baby formula just because they can. It's just greed and taking advantage of people in a crisis. The won't forget the greed of the car dealers.

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Do you understand that car dealers are in the business of making money? Do you think they should make less money because you have the sadz over car prices?

You are like a coworker I had who heard that I was preparing to sell my house. He bugged me every time he saw me at work about giving him the first chance at my house. What does that even mean? It was a hot market and I had a great house in a great location. Every day he complained about not being able to afford anything in this area and how small and crappy his townhouse was and how he needed a break because his wife wanted a house. His wife did not work and they could not afford to buy my house. The gall of this guy thinking I would take less money for my most valuable asset just to make him happy was beyond. The guy is an entitled babyman. My house sold well over asking and I never contacted him.[/quote]

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