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-   -   Insane "additional dealer markup" (http://forums.pelicanparts.com/off-topic-discussions/601301-insane-additional-dealer-markup.html)

pwd72s 04-05-2011 04:21 PM

Insane "additional dealer markup"
 
This dealer cannot be serious...he has to be simply advertising with this ridiculous "buy it now" price as a way to let folks know he has the car and that he will be asking a stiff ADM...

Ford : Mustang - eBay (item 180647272684 end time Apr-07-11 08:51:44 PDT)

Hugh R 04-05-2011 04:26 PM

I asked a dealer once about a crazy markup on the new T-Bird when they first came out. He told me some idiot will buy it.

wdfifteen 04-05-2011 04:30 PM

Is that in addition to add-ons for paint sealant, etching, wheel protectant, nitrogen in the tires, prep, and the other nonsense they tell you they've done? If not, I'd say he's just being honest. I would honor his candor, and negotiate.

VaSteve 04-05-2011 04:30 PM

When the market was good and the Ford GTs were out I saw one for $130K plus an additonal $130K "market adjustment"

A930Rocket 04-05-2011 04:35 PM

What's with the round "things" in the grill? Not intakes or lights...

The dash looks like Fido's hiney too.

Zeke 04-05-2011 04:38 PM

Even Miatas sold for over sticker when they first appeared. '89 Carrera Speedsters went for 120 and more when the window said 70 something. Nothing new or strange about this.

masraum 04-05-2011 04:49 PM

It's not at all uncommon for cars that are desirable in the market to go for a lot more than asking price, especially when they first come out.

Miatas
Acura NSX, they were going for $90k, but were priced at $60k
I believe the Honda S2000 was going for $60k and was priced at $30k.

I think they call it "supply and demand"

looneybin 04-05-2011 05:01 PM

anybody remember that PT Cruisers were going for 10K OVER sticker when they came out.
It's just a POS neon with a hatchback

pwd72s 04-05-2011 05:30 PM

Well, I guess the dealership could be hoping that P.T. Barnum was right...after all, it only takes one.

But far more than double the sticker?

Naw, he's just using that "buy it now" price for advertising...

VaSteve 04-05-2011 05:37 PM

What's up with that red X thing in the backseat. It's a track car, why not rollbar or something useful?

Neat looking car otherwise.

masraum 04-05-2011 05:41 PM

Quote:

Originally Posted by looneybin (Post 5945785)
anybody remember that PT Cruisers were going for 10K OVER sticker when they came out.
It's just a POS neon with a hatchback

REALLY?!?! I'd never heard that. Wow. I've driven a few Neons and hated them. I suspect the PT is as bad or worse.

pwd72s 04-05-2011 05:50 PM

Quote:

Originally Posted by VaSteve (Post 5945840)
What's up with that red X thing in the backseat. It's a track car, why not rollbar or something useful?

Neat looking car otherwise.

Additional Bracing. Pick up a MAY ROAD & TRACK to learn more. One is the cover car, and they do a road test as well as lapping the Laguna Seca track.

BeyGon 04-05-2011 06:49 PM

Quote:

Originally Posted by masraum (Post 5945842)
REALLY?!?! I'd never heard that. Wow. I've driven a few Neons and hated them. I suspect the PT is as bad or worse.

I saw PTs going for way over sticker when they first came out, they are roomy and ok to drive but I wouldn't ever want one.
I worked for a Ford dealer when the TBird came out and saw their first one go for 50k and the guy sent them a letter thanking them for letting him buy it. We bought a brand new one in 2005 for 29k off a different lot.

kaisen 04-06-2011 05:42 AM

It's funny, when I was able to make the decisions at the dealer or corporate-dealer level, my policy was nothing over MSRP. Period. No ADM.

We wouldn't sell to another dealer, or someone who was just flipping it. We offered spots to our previous customers first. ADMs make the dealer look stupid and/or greedy, neither of which are good attributes for a dealer that wants to be around long. It seems odd to me to spend $700K/yr advertising to attract new clients then turning just as many of them away by trying to make an extra $5K (or whatever) on 3 or 4 cars. People DO remember when their PT Cruiser Limited cost them $35K and they go to trade it in to your store a year later (after the ether wears off) for $10K and see a whole row of unsold new ones. They tell everyone, and even though the market might support it at the time, the dealer is the bad guy later.

There is no greater vanity than paying a huge premium to be the 'first'.....

stomachmonkey 04-06-2011 06:20 AM

Was late 80's, early 90's IIRC. The Isuzu Amigo hit and they were going for ridiculous $'s over sticker. Something like $15k.

pwd72s 04-06-2011 03:27 PM

Quote:

Originally Posted by kaisen (Post 5946576)
It's funny, when I was able to make the decisions at the dealer or corporate-dealer level, my policy was nothing over MSRP. Period. No ADM.

We wouldn't sell to another dealer, or someone who was just flipping it. We offered spots to our previous customers first. ADMs make the dealer look stupid and/or greedy, neither of which are good attributes for a dealer that wants to be around long. It seems odd to me to spend $700K/yr advertising to attract new clients then turning just as many of them away by trying to make an extra $5K (or whatever) on 3 or 4 cars. People DO remember when their PT Cruiser Limited cost them $35K and they go to trade it in to your store a year later (after the ether wears off) for $10K and see a whole row of unsold new ones. They tell everyone, and even though the market might support it at the time, the dealer is the bad guy later.

There is no greater vanity than paying a huge premium to be the 'first'.....

Seems to me this would be the smart way for any dealer to go...but then, not all dealers are smart.

peppy 04-06-2011 04:02 PM

Crap that is a lot of money for a mustang (and I like them). I rememeber in the late 80's Chevy dealers swapping ZR1's with themselves for $100K.

idontknow 04-06-2011 05:06 PM

Quote:

Originally Posted by masraum (Post 5945758)
It's not at all uncommon for cars that are desirable in the market to go for a lot more than asking price, especially when they first come out.

Miatas
Acura NSX, they were going for $90k, but were priced at $60k
I believe the Honda S2000 was going for $60k and was priced at $30k.

I think they call it "supply and demand"

That's terrible, the govt should have intervened and forced the dealers to sell at the set price. You know, like they do with oil.

Gogar 04-06-2011 05:10 PM

+1 he's just putting it on eBay for the advertising, with the reserve and the "Buy it Now" set so high it won't sell. If it does sell, then it's a knee-slapper for him.

Embraer 04-06-2011 05:17 PM

for that kind of money, you'd think he'd be able to spell "Laguna" correctly.

strupgolf 04-06-2011 05:29 PM

I have to say, that is probably the uglyist new Mustang I have seem. I love the Boss 302, but I would never buy it at even the list price.

DARISC 04-06-2011 05:32 PM

I'm a bit puzzled that this is even a topic for conversation. Dealers have been doing this for years.

I'm not a big consumer, gotta have it at any price, kind of person and don't pay any attention to these things. Doesn't this also happen with other consumer products that some lust after to the extent that they'll throw crazy money away to obtain them?

How is it not just good old-fashioned Capitalism?, i.e., charge what the traffic will bear?

pwd72s 04-06-2011 05:49 PM

Quote:

Originally Posted by strupgolf (Post 5947942)
I have to say, that is probably the uglyist new Mustang I have seem. I love the Boss 302, but I would never buy it at even the list price.

Of course it's ugly...those graphics! Those Red wheels! YUK!
http://forums.pelicanparts.com/uploa...1302140934.jpg

Sarc 04-07-2011 05:59 AM

Quote:

Originally Posted by pwd72s (Post 5948000)
Of course it's ugly...those graphics! Those Red wheels! YUK!

It really doesn’t matter what brand happens to be your kool-aid flavor of choice, that 302 livery is an abomination (the GT3s isn’t much better). Seriously, how could you not be embarrassed to drive around in that car? A shame they felt the need to clutter the exterior of a very nice machine.

speeder 04-07-2011 07:44 AM

I opened this thread thinking, "hey, maybe he's finally posted something that's not about Mustangs..."

romad 04-07-2011 07:58 AM

Can you imagine paying extra for a PT cruiser WOW.....Jermy Clarkson once said the purchase of certain cars indicates you know nothing about cars and should not be allowed to drive.

I don't have a problem with dealers selling a car at any price if some sucker is willing to pay.

I do have a problem when they mark up a vehicle with a substantial government development subsidies and consumer rebate....like the "Chevy Volt"

willtel 04-07-2011 08:54 AM

Quote:

Originally Posted by pwd72s (Post 5945854)
Additional Bracing. Pick up a MAY ROAD & TRACK to learn more. One is the cover car, and they do a road test as well as lapping the Laguna Seca track.

Mustangs are drag cars.

pwd72s 04-07-2011 09:00 AM

Quote:

Originally Posted by willtel (Post 5949246)
Mustangs are drag cars.

They do both drag and road course...much to the dismay of those who prefer one trick pony cars.

Now who's trolling???

I agree 100% on the ugly. Graphics are horrible. IF I were to buy one it also would soon go to a custom body/paint shop to be worked over..."detuned".

kaisen 04-07-2011 09:25 AM

Quote:

Originally Posted by willtel (Post 5949246)
Mustangs are drag cars.

Don't tell that to all of the SCCA champions who run Mustangs at road courses across the country.

widebody911 04-07-2011 09:53 AM

Quote:

Originally Posted by willtel (Post 5949246)
Mustangs are drag cars.

A Mustang isn't really a car, it just dresses like one

Brando 04-07-2011 10:51 AM

Is that price for two?

pwd72s 04-07-2011 11:49 AM

Quote:

Originally Posted by Brando (Post 5949499)
Is that price for two?

More than, if you go by sticker price.

speeder 04-07-2011 11:57 AM

You need to change your outdated screen name. How about "Mustang Sally"? I don't think it's taken.

pwd72s 04-07-2011 02:16 PM

Poor Denis...:(

Here ya go...a pic just for you...

http://forums.pelicanparts.com/uploa...1302214444.jpg


But this car is wayyy back in my past. It left here for Istanbul in 2007...I got tired of it. So it was time to ship it to a dear friend who would appreciate it.

RWebb 04-07-2011 02:43 PM

how about Mustang Sassy?

JavaBrewer 04-07-2011 03:28 PM

Quote:

Originally Posted by pwd72s (Post 5949876)
Poor Denis...:(

Here ya go...a pic just for you...

http://forums.pelicanparts.com/uploa...1302214444.jpg


But this car is wayyy back in my past. It left here for Istanbul in 2007...I got tired of it. So it was time to ship it to a dear friend who would appreciate it.

Well at least your taste in color has not changed :) Nice looking car (the 911). Hope to have something similar in my garage again.

speeder 04-07-2011 03:38 PM

I think Mustang Sally is a great handle. It's not like you have a '72S anymore. What's your handle on the Mustang boards?

dtw 04-07-2011 03:50 PM

Paul sold his 911?

Quote:

I think Mustang Sally is a great handle. It's not like you have a '72S anymore. What's your handle on the Mustang boards?

dtw 04-07-2011 03:52 PM

You sold your 911?

Quote:

Poor Denis...<img src="http://forums.pelicanparts.com/ultimate/frown.gif" border="0" alt="" title="Frown" class="inlineimg"> <br>
<br>
Here ya go...a pic just for you...<br>
<br>
<img src="http://forums.pelicanparts.com/uploads18/PIR61302214444.jpg" border="0" alt=""><br>
<br>
<br>
But this car is wayyy back in my past. It left here for Istanbul in 2007...I got tired of it. So it was time to ship it to a dear friend who would appreciate it.

pwd72s 04-07-2011 04:27 PM

Quote:

Originally Posted by speeder (Post 5950029)
I think Mustang Sally is a great handle. It's not like you have a '72S anymore. What's your handle on the Mustang boards?

pwd72s...also on the pool boards, and other boards I visit...SmileWavy


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