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Reply to "Dealers charging thousands over MSRP - scammers"
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[quote=Anonymous][quote=Anonymous]So, who can recommend a dealership in the DMV or maybe farther west in Maryland that isn't charging over MSRP? I'm going to start looking at Hondas and Hyundais soon. I have a 10-year-old Honda now, and will keep it if I must, but would like something with more safety features.[/quote] Hold on as long as you can but don’t expect any big market changes until we’ll into 23. Honda has less than a 15 day supply or cars. Hyundai is less than 5. Although Honda new car sales are down 57% year over year, You may have slightly better luck with a Honda dealership which are generally better to work with than Hyundai. OTOH Hyundai has been outselling Honda in terms of number of vehicles. Dealer profits are at historic highs with profits in the neighborhood of $5000 on each car sold. This is triple the average from 2019. [/quote]
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