A word for Fbodfather (Scott)
12-15-2007 | 04:12 PM
#106
Registered User
Joined: Apr 2003
Posts: 547
You guys definitely hate dealers. As a dealer, I am fully aware of how obnoxious many can be, but there are also a ton that are not. We traditionally do not sell cars for over MSRP. But now I have a problem. I will get ONE Challenger for '08...ONE. I have three customers all fighting over it, wanting to leave me a deposit. Am I an a**hole for starting a bidding process on it?
Like Scott said, its the law of supply and demand. No, I will not ask over MSRP for my '08 Challenger...but if you want to GIVE more to me, is it bad business to say no?
BTW, cut dealers some slack. A lot of us have been around for a long, long time, have a lot of expertise, go out of our way to help after the sale, and aren't making any money despite all of our efforts. Wanna get a great deal? Get off your butt, get online, and call some smaller, family-owned stores. We're everywhere, and we'd love the business.
Like Scott said, its the law of supply and demand. No, I will not ask over MSRP for my '08 Challenger...but if you want to GIVE more to me, is it bad business to say no?
BTW, cut dealers some slack. A lot of us have been around for a long, long time, have a lot of expertise, go out of our way to help after the sale, and aren't making any money despite all of our efforts. Wanna get a great deal? Get off your butt, get online, and call some smaller, family-owned stores. We're everywhere, and we'd love the business.
I'd suggest informing them all of the situation. You will only get one, so come up with a creative way to see who gets it, then help the other two locate theirs, then they will still be customers even after they bought elsewhere (with your help). I know I would.
12-15-2007 | 04:45 PM
#107
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Joined: Apr 2007
Posts: 619
help them buy somewhere else? c'mon, thats like calling Summit racing to see if they can lower the price of a part and then tell the people at Jegs so they'll meet it and beat it.
i say, on a car that is highly wanted as that, you bid it off to the highest bidder. its a business.
i say, on a car that is highly wanted as that, you bid it off to the highest bidder. its a business.
12-15-2007 | 07:05 PM
#108
Thread Starter
Registered User
Joined: Sep 2006
Posts: 213
From: Cleveland, OH
I think you should follow suit of how people have to buy tickets to a big attraction rock concert like the Rolling Stones, internet notwithstanding. No matter what time you get into line, you receive a lottery ticket and those who are picked in random order are next to buy tickets, no matter what their place in line is, no matter how much money they bring, and everyone will pay the listed price per ticket.
For that one single Chalenger, inform the three perspective buyers of the day the car will be on the lot. They should all arive before you open, but they really don't need to get there too early since there's only 3 of them. Run a lottery and the one who you pick wins.
That's fair for everyone. It's not the dealers fault or responsibility that the MFG is keeping production limited.
For that one single Chalenger, inform the three perspective buyers of the day the car will be on the lot. They should all arive before you open, but they really don't need to get there too early since there's only 3 of them. Run a lottery and the one who you pick wins.
That's fair for everyone. It's not the dealers fault or responsibility that the MFG is keeping production limited.
12-15-2007 | 07:08 PM
#109
Thread Starter
Registered User
Joined: Sep 2006
Posts: 213
From: Cleveland, OH
The dealers around here call it "Market Adjustment" and they sit on the cars they put it on to get one schmuck who will walk in and pay 10k more for a 24k Solstice or 20k more for a GT500. The way I see it, if I owned the dealership I'd rather see sell the first one in the first day it was there and sell three four or five more and move more units, making the same amount of money but also supporting the company I am a dealer for.
They completely screwed up the new mustang with this, I remember seeing the boards where people had been pre-approved for a loan for the base model GT and were ready to put down 1-2k or more to cover options and taxes etc, but couldn't for months because dealers were all charging a premium. I wonder how many units they lost because of this.
I think GM should discourage it by granting orders to those who don't do it first, or demand 50% or more of the mark up. Because the way I see it, the guys developing the car through to the guys building it on the line should see that extra money, not the sheister who is selling it to you who was selling VW's last week.
They completely screwed up the new mustang with this, I remember seeing the boards where people had been pre-approved for a loan for the base model GT and were ready to put down 1-2k or more to cover options and taxes etc, but couldn't for months because dealers were all charging a premium. I wonder how many units they lost because of this.
I think GM should discourage it by granting orders to those who don't do it first, or demand 50% or more of the mark up. Because the way I see it, the guys developing the car through to the guys building it on the line should see that extra money, not the sheister who is selling it to you who was selling VW's last week.
12-16-2007 | 01:18 AM
#110
Registered User
Joined: Jan 2006
Posts: 1,093
From: Southern NJ
You guys definitely hate dealers. As a dealer, I am fully aware of how obnoxious many can be, but there are also a ton that are not. We traditionally do not sell cars for over MSRP. But now I have a problem. I will get ONE Challenger for '08...ONE. I have three customers all fighting over it, wanting to leave me a deposit. Am I an a**hole for starting a bidding process on it?
Like Scott said, its the law of supply and demand. No, I will not ask over MSRP for my '08 Challenger...but if you want to GIVE more to me, is it bad business to say no?
BTW, cut dealers some slack. A lot of us have been around for a long, long time, have a lot of expertise, go out of our way to help after the sale, and aren't making any money despite all of our efforts. Wanna get a great deal? Get off your butt, get online, and call some smaller, family-owned stores. We're everywhere, and we'd love the business.
Like Scott said, its the law of supply and demand. No, I will not ask over MSRP for my '08 Challenger...but if you want to GIVE more to me, is it bad business to say no?
BTW, cut dealers some slack. A lot of us have been around for a long, long time, have a lot of expertise, go out of our way to help after the sale, and aren't making any money despite all of our efforts. Wanna get a great deal? Get off your butt, get online, and call some smaller, family-owned stores. We're everywhere, and we'd love the business.
Anyway, that said, IMO yes it is bad business to accept more money than you KNOW the vehicle is really valued at. The vehicle should go to first come, first served imo. Whoever came in/comes in first should get the vehicle.
12-16-2007 | 10:20 PM
#112
Member
Joined: Dec 2006
Posts: 101
From: Great Lakes
Exactly. Just because we're all fanatical about the Camaro and would like to think that fellow Camaro enthusiasts wouldn't rip us off, dealerships are a business afterall. Also, who's to say that the salespeople selling us our Camaros are even Camaro fans/enthusiasts/etc.
12-16-2007 | 11:14 PM
#113
Registered User
Joined: Aug 2006
Posts: 395
From: St. Peters, MO
Are dealers that charge over MSRP any different they eBay scalpers?
The price the dealers pay for the cars do not change, yet they charge more for them. I think this is the reason most people have a problem with it. If anyone is going to make more then MSRP on the cars it should be Chevy, not the individual dealerships.
The price the dealers pay for the cars do not change, yet they charge more for them. I think this is the reason most people have a problem with it. If anyone is going to make more then MSRP on the cars it should be Chevy, not the individual dealerships.
12-17-2007 | 02:19 AM
#114
Registered User
Joined: Apr 2007
Posts: 619
ya they SHOULD get a portion or something. but with these mark ups, if people werent WILLING to pay them, they wouldnt be there. there is enough competition from competing dealers to where if there wasnt a market for these "market adjusted" vehicles, the prices would and will come down.
12-19-2007 | 01:34 PM
#115
Registered User
Joined: Apr 2003
Posts: 547
ya they SHOULD get a portion or something. but with these mark ups, if people werent WILLING to pay them, they wouldnt be there. there is enough competition from competing dealers to where if there wasnt a market for these "market adjusted" vehicles, the prices would and will come down.
If Pontiac dealers sold out of the Solstice in less than a month, do you think GM maybe would have considered upping production?
Last edited by 5thGen; 12-19-2007 at 02:10 PM.
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