Dealers and the Games They Play... Story Thread!
07-02-23, 12:10 PM
#31
Lexus Fanatic
07-02-23, 12:10 PM
#32
Lexus Fanatic
This is the dealer I bought my Sedona from in 2015. I drove a Telluride there a month ago or so and they of course have big ADMs and the salesman asked me after the test drive "what do you think, is it something you'd like to take home" and I smiled and said "Absolutely, but I would never buy it here, not from a dealer that charges a markup, somebody somewhere will sell me one for MSRP. Have a great day" and I got in my car and left. Look on his face was priceless.
07-02-23, 12:11 PM
#33
Lexus Champion
07-02-23, 12:11 PM
#34
Lexus Fanatic
Its like in my business, there are big escalations on pricing of homes but its not because of huge demand, its because there is no inventory. If inventory were normal, it would be a buyers market.
07-02-23, 12:12 PM
#35
Lexus Fanatic
Demand is not normal. There is too much money in the economy chasing too few goods. The interest rates are not high enough. Raise them to 10% and people will slow their spending…thus you will see discounts in these family vehicles. The person who buys with cash is the winner as they are not stuck with high interest
07-02-23, 12:13 PM
#36
Lexus Fanatic
It absolutely is normal. All the consumer indexes and buyer confidence figures show us that demand is not unusually high.
07-02-23, 12:15 PM
#37
Lexus Champion
Look, if people want throw their money at dealerships paying artificial markups, it's a free country. It's your money, not mine
Last edited by AMIRZA786; 07-02-23 at 12:22 PM.
07-02-23, 12:16 PM
#38
Lexus Fanatic
And case in point, Tesla has LOWERED MSRPs. What other carmaker does that?
07-02-23, 12:18 PM
#39
Lexus Fanatic
Originally Posted by LexsCTJill
Demand is not normal. There is too much money in the economy chasing too few goods.
Last edited by mmarshall; 07-02-23 at 12:25 PM.
07-02-23, 12:21 PM
#40
Lexus Fanatic
While I do not entirely agree with Jill, she may at least be partially-correct. Demand may currently be higher than normal because many people are trying to get new gas-engine vehicles before it becomes very difficult or impossible to do so because of politics and regulations.
07-02-23, 12:24 PM
#41
Lexus Fanatic
People are not always as naive as we may think they are 
I myself may be looking an another new Encore GX in 1-3 more years for more or less the same reason....even though I don't particularly care for the new front end or the new dash. I still love the basic platform.
I myself may be looking an another new Encore GX in 1-3 more years for more or less the same reason....even though I don't particularly care for the new front end or the new dash. I still love the basic platform.
07-02-23, 12:29 PM
#42
Lexus Champion
I've taught my kids to never pay more than something is worth. If they do, that makes them naive and financially irresponsible
07-02-23, 12:32 PM
#43
Lexus Fanatic
You can't blame people, not everybody is a car expert or has the focus on cars we do to know that the markups are a game. They see markups, assume everybody is paying markups and assume that they are driven by demand. At least when people got taken advantage of before, they were paying MSRP, and people with the skills and knowledge could do better than MSRP by negotiating and shopping, but now dealers are just outright screwing people.
07-02-23, 12:53 PM
#44
Lexus Champion
You can't blame people, not everybody is a car expert or has the focus on cars we do to know that the markups are a game. They see markups, assume everybody is paying markups and assume that they are driven by demand. At least when people got taken advantage of before, they were paying MSRP, and people with the skills and knowledge could do better than MSRP by negotiating and shopping, but now dealers are just outright screwing people.
07-02-23, 12:57 PM
#45
Lexus Fanatic
Its literally a line item for "profit" lol