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Originally Posted by SoCali E36
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Originally Posted by mgokev
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Originally Posted by SoCali E36
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Originally Posted by Ikester19
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Originally Posted by SoCali E36
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Originally Posted by peteyrx7
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Originally Posted by SoCali E36
Nice! Make sure to get no less than $5k over msrp right now.
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In my industry a comment like this could be consider collusion and could put you in an orange jump suit. |
That's the beauty of different industries and the free market. |
Taking advantage of people by charging over MSRP in this market is not very good business practice and displays a lack of business integrity IMO. Over the 25 years I've been buying cars I've come across dealerships conducting themselves in similar ways and wouldn't step foot in them again. Nobody likes to be ripped off or taken advantage of. Ultimately what goes around comes around, sometimes back to bite you in the ass! |
No one is taking advantage of anybody. A car is worth what someone is willing to pay for it. And if you don't like the asking price you have 300+ other dealerships to shop from until you find the deal you want.
Your comment reeks of entitlement. No business owes you a discount or what you think is fair to pay for an item. The market sets the price, not you.
I personally don't believe in paying over MSRP on anything as a consumer myself but who am I to judge a person who is? And frankly, if someone's willing to pay over MSRP I don't believe that's being taken advantage of. Both parties agree on the price and the consumer drives home in a new car. No one is twisting that persons arm to take the car. |
Agree 100%. The "S" in MSRP is literally "Suggested" after all, not mandated.
I certainly don't begrudge the dealers for charging more if someone is willing to pay it. That's their decision to manage relationships and customer sentiment vs. short term profits. And why should I care if someone else is willing to pay more? Good for them.
This is all simple economics 101. Supply and demand. Scarcity of goods.
It's no different than me wanting a 15% discount when there's 20 people willing to buy at 5% discount so the dealer tells me no. It's a sliding scale and all relative. |
Thank you! A great example is the housing market. It's like bitching and crying because you want a discount or to stay at asking price on the house you have an eye on but other buyers are coming in 50k over asking. |
Not surprised of the comparison you've made between the the real estate and motor vehicle industries as with both its well known that their salespeople don't have great reputations. I am never surprised at the new lows that some of them can reach.
Before you get too upset, I agree that there are good car sales people out there (they are few and far between). But, based on my experience many are highly questionable in their interactions and practices. This just might be one example, or at least IMO. There is a reason why manufacturers set a MSRP.
Just my 5c.
But I digress, back to the thread..