Why are there so many 3GS's at ghetto dealerships?
#16
Lexus Fanatic
iTrader: (33)
In perusing classifieds for '08+ GS', I notice that a great many are at fly by night, ghetto dealerships. How are these shady establishments acquiring these beautiful cars?
I also notice a fair number have 2 and 3 owners. Why is it so difficult to find a pristine one owner at a Lexus dealership?
I also notice a fair number have 2 and 3 owners. Why is it so difficult to find a pristine one owner at a Lexus dealership?
Gen,
It's simple. If you finance through them they're marking up the rate 2 points, throwing in a warranty, gap insurance, etc. stuff that they make money on. I'm in the car business in the NYC area and there's lots of this nonsense going on.
One of our competitors on Long Island puts cars on line, certified, for what they're bringing at auction or sometimes less. Now, there's no way I can sell certified 2012 Charger SEs for $17,995 and keep the doors open. So... You get there....
Recon fee $995
Transport fee $895
Certification fee $1295
Plus you have to finance with them.
Meanwhile we sell the same car for $20,944 and give you the special rate. But, people see that these clowns are $3k less and go there... Surprise!
Problem is, it works or people wouldn't do it.
It's simple. If you finance through them they're marking up the rate 2 points, throwing in a warranty, gap insurance, etc. stuff that they make money on. I'm in the car business in the NYC area and there's lots of this nonsense going on.
One of our competitors on Long Island puts cars on line, certified, for what they're bringing at auction or sometimes less. Now, there's no way I can sell certified 2012 Charger SEs for $17,995 and keep the doors open. So... You get there....
Recon fee $995
Transport fee $895
Certification fee $1295
Plus you have to finance with them.
Meanwhile we sell the same car for $20,944 and give you the special rate. But, people see that these clowns are $3k less and go there... Surprise!
Problem is, it works or people wouldn't do it.
same BS goes on around here as well
Thread
Thread Starter
Forum
Replies
Last Post
Infamous3
GS - 4th Gen (2013-2020)
21
10-30-13 12:19 AM