Quote:
Originally Posted by Ibiza
Quote:
Originally Posted by italiabrain
Quote:
Originally Posted by frankiebones
Every car on the lot has a $10k markup. You literally cannot get an allocation for 9 months in the tri state area.
|
I wouldn't dispute this, but I would still point out it is very relative. The new and used car markets are both generally insane because of the chip shortage and resulting lack of general inventory and production volume.
That being said, go try to buy a GT3 with only $10k markup. I was willing to go $20k and got laughed out of the dealership. Called from Cali to Florida and told I would either have to spend way more money or I wouldn't see one *for the entire production cycle* without some sort of VIP status.
On the other end of the spectrum two coworkers of mine were just quoted ~6 months on a Kia Telluride locally. |
It's only a matter of time before this cycle ends, as inflation is rocketing up— if the fed raises interests to cool down the housing market, then game over for the ridiculous over MRSP markups. Miami/SoBe, NYC/Gold Coast, Silicone Valley, Austin, and Seattle are areas that are insulated and can always demand top 💰
The federal entitlement hand outs end in September, hopefully, the market cools down. I for one have paying for hundreds of these entitlement hand outs  : |
Well said and I agree completely.