Quote:
Originally Posted by speednme1
This is still the USA..right? more power to him if he can flip it..and get his price. It's not illegal and morally in my eyes there is nothing wrong with it. I remember when I was looking, there was a car that had sold local to me. I would have gladly paid $10k over what the new owner paid. I even contacted the new owner but he never got back to me. Then he decided to sell but it was too late as I already had purchased one. Truth is, he got there before I did. The car was exceptional. Would have been an easy flip for the owner....and still a great buy for me..  |
Fair enough, but I think it is a public service to the community to share information on pricing.
This is still the USA, and freedom of information applies -- even though car dealers do their best to carve out protected space for rent-seeking.
If a dealer is selling a car for $30k more than he paid for it, particularly with no value added, that is useful consumer information -- a potential buyer has at least some basic data about what money a dealer might have invested in the car, allowing him to negotiate a price more in line with market realities.
Car dealers are free to price their cars at whatever price they want -- but they can't expect to be protected from disclosure of public information.