Dealerships Are Out of Control
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- čas přidán 1. 06. 2024
- Car dealerships are 1000% out of control with these prices. Today we're trying to guess the cost of actual cars for sale to prove how bad the market is right now. This is the D-List!
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If dealerships are legally allowed to do this (...fine, its a free market!), direct from manufacturer purchases should also be made legal.
Tesla got flak for doing that. Some a-hole is going to lobby for that to never happen.
@@nyfinest017 is there a video asking about this I want to know more
@@Hyrbralston czcams.com/video/noqdlCmn4h0/video.html this is video talking about Texas trying to ban Tesla from selling direct
@mcchickenz I agreed that dealership could mark it up a fraction but not charge someone a used vehicle for double the price of a new one. That's the stuff that American Greed needs to report.
Allowed? MSRP stands for manufacturer's suggested retail price, and are made under the assumption that supply chains aren't fubar. Manufacturer sales would only result in manufacturers marking up prices or there being no supply. The latter results in people reselling at even more inflated prices, or as the economically illiterate call it, scalping.
We need to make a website that lists every dealer that charges over MSRP. Never forget them, blacklist for life.
Check the TFL channel, subscribers have been putting lists of dealers that sell at MSRP and above….
It's basic supply and demand. I work for an auto group and we have a supply issue (as do all the dealers around us). If we sell all of our vehicles below MSRP, WAY below the market, we have empty lots and OEM's won't be able to resupply us. Not to mention our sales people who rely on their jobs to support families, or just live, won't have anything to sell. Maybe that means we should sell all of our new stuff at a low price, and just focus on used inventory. Well, in order to get used inventory, you either buy from auction (which has skyrocketed) or you buy from your customer base (or technically buy from other dealers, but you get the point). If I can't put them in something new because I priced too low and all my vehicles are gone, then I would just be 1-for-1 swapping all my used vehicles until I'm left with vehicles nobody wants to trade for. On top of that, half the customers won't want to sell their vehicles to us because for our prices to be low, we have to buy low. Other dealers will buy the same vehicle for a lot more, because they can sell it for a lot more. Because of competition in the market and basic supply and demand, our prices have to remain high. That is not to say, we haven't been super competitive. If undercutting the dealership down the road by a few grand is an option to get a sale, we take it. Where other dealers might charge you a few grand over sticker for a vehicle order, we'll order your vehicle for MSRP (unless it's something special, like a raptor, or corvette which you only get a certain number of allocations of).
@@Tuv0x all the extra crap is ridiculous. the window tint, the "paint protection". all the stuff that adds money to the pockets of the dealership. I'm trying to order a new car right now and I've told them I don't want the extra crap and they said too bad. I ask how its not even an option since the car hasn't even made it to their lot and they just don't care. what happened to customer service and making the customer happy?
@@Tuv0x sorry 20k markups will never be okay
Just fire everybody in care sales and have computers you use to order at the dealership. Problem solved
People were selling overpriced “essential” items online and that was illegal immediately. Dealers have been ripping people off most of the time yet nothing has been done about it.
Right dealerships should sell cars for ever 100 grand everytime. People who work at ds need the money they are going broke hahahahaha
Ironically theres evidence that scalping essential items can actual help in emergencies. Like after a hurricane a lot of people will buy generators and other items in areas far away and drive them to the affected areas to collect on the huge markup. They actually contribute to the relief effort. The problem these days is with online shopping. People will buy hot items in bulk, raise the price, and mail them to you with the same shipping service the manufacturer used to ship it to them. Providing no additional value to the economy.
I bought a 2020 Ridgeline for $32,500 last year. That vehicle is now valued at $45,000. Never in my life have I purchased a vehicle and had it appreciate in value. Crazy.
I hope you sold it
This is the most hilarious and depressing video of all time
People like money
@@loomyair Donut Media also like bots and money.
I know right. There,s corona so wear a mask, estate prices go up, car prices go up, locally because of electricity per hour price going up theres also food electricity and food prices. One thing that doesnt go up is our salary. I wanna laugh and also cry XD
@@mangotail6808 When you base your society around driving absurd distances to get to and from your home in the suburbs while pursuing a policy heavily dependant on getting gas into your car, then don't be surprised when living expenses skyrocket.
It doesn't cost much to stick solar panels on your rooftop, make public transportation and bicycling safe for commuters, and rezone the suburbs so you can walk to your local grocery store instead of driving everywhere.
I say let car prices go way up. Let the market decide.
yes.
We really need to be able to buy cars outright from manufacturers, especially now more than ever.
With customization.
Tesla
That would be nice, but I believe it is illegal to buy direct. You can order a car direct and have it ship to a dealership though. 🤷♂️
@@davidsylvia8493 hence why it should be allowed
@@davidsylvia8493 yeah, that's why the OP said we should be able to...
2:25 „yeah, i am thinking 50“ 😂😂😂😂
I blame the consumers just as much as i blame the dealer. who in their right mind pays these prices people are nuts
The spread of prices is absolutely insane, I’ve seen a difference of MSRP to double it. Specifically, RAV4 Primes are MSRP in Portland (and most car brands still are there, god bless ‘em) while being over $80k in Oakland CA. The difference? Portland is back ordered for as much as 6+ months with no guarantees, Oakland has stock and you can drive off same day. I got a Lexus sedan in Portland because I needed something pretty fast and couldn’t handle a Highlander for parking in Seattle while still being MSRP.
People who aren’t used to shit do this why who knows
I had to buy a car because i needed one asap to be able to work. In my country the price of cars went up 2-3 times in some cases. I paid around 3k $ for a used Ford focus 2008 which 3 years ago was worth around 1.5k$ ( even though it was younger and better condition obviously). Drove 100 km with it and started noticing engine noises which were made basically by a destroyed crankshaft that needed repair, so basically I need to swap the engine now... Sometimes I feel this world is designed to just fuck you out of every cent. And before you say that losing 3k$ is not horrible in my country if you make 1.5k $ you're are way above average earner but still inflation is so high that you cannot rent a flat for that wtf
Dealerships in my area have the new broncos with higher mark ups then actually MSRPs. Can't believe it's legal
I think sooner or later laws will come
Manufacture SUGGESTED retail price
Than*
As much as I hate it that's natural supply and demand. Don't wanna pay that much don't buy it. As more are made those prices will drop and you'll be able to get them at a steal of a price.
Can't believe people are stupid enough to pay the mark ups
To anyone buying a new/used car, don't be afraid to get up and walk away at the dealership if you don't like the price. I used to sell new/used cars for a living, and recently my wife wanted a 2021 Rav4 Prime, which is a very hard car to get right now. The dealer tried to tack on an extra $5000 once we sat down and drew up the papers, and as soon as I saw the extra charge, we got up and started to walk out. The manager got butthurt that we didn't even try to negotiate, and I told him to knock off the 5g's or we were leaving, and he did. The point I'm trying to make, is they will try to gouge you, but it's up to you to get the price to where you want it. Don't be afraid to go elsewhere.
Right? everyone here acting like these cars are cancer medication. No one is forcing you to pay 50% to 100% over sticker. Just walk away. Prices will go back down. Wait a couple of years and you can own a Bronco for under sticker price. Guarantee it.
Don't assume you got one over on a car dealership. They spend every minute of everyday figuring out how to create an illusion of savings.
I just did exactly that this morning, I left after seeing the gôddanm price, rep. Got pretty upset. They had a 2020 4runner at $20k above what it sold 2 years ago. 🖕
@@-darrell Exactly. They probably trumped his numerous times over with other charges, but made him THINK he was saving money by "catching the $5,000 charge". A whole lot of fictional encounters going on in these comments, but the truth remains that dealerships will fuck you over any way they can.
Bullshit. All dealers around me just don’t have cars.
Next time you will buy a car bellow a sticker price will be after the sticker price get 2x increase.
Back in 2009 I was getting the oil changed on my Corvette at the local Chevy dealership. There was a brand new ZR1 in the show room with the usual dealer sticker in the window and just below that was a piece of binder paper with $40k dealer mark up written in black Sharpie.
Makes me happy to work at a store that isn't marking up their cars. Some of the pricing I have seen in the surrounding cities is INSANE!
We should be able to buy directly from the manufacturers. The dealerships are just useless middlemen that the government forces you to go through.
So you like paying sticker?
or cash? well that could be an option but no for all people
Your frustration is completely justified and understandable, but here are a few examples of services a dealership provides:
Just new vehicles specifically:
1. Inspection of transport - repair of potential transport damage (scratches, broken parts, dents, etc.)
2. Pre delivery inspection and mechanical checks - removing shipping material for mechanical components (suspension blocks, ship mode, fluid checks, safety equipment checks, etc. - just to name a few things) - I've seen cars some in with missing parts, completely broken mechanical components, no fluids (oil, etc.), and all kinds of horrors.
3. Cleanup - vehicles don't often arrive clean unless you're buying a very high end product.
4. Recalls.
5. Dealing with your trade-in - believe it or not, most people don't trade in vehicles that are in great condition and require little to no reconditioning.
6. Comparing financing with multiple lenders to get you the best rate possible - yes I'm aware there is often a markup for providing the service.
7. Making sure you are aware of all rebates available from the manufacturer.
Etc.
A lot of the inner working of a dealership aren't understood by most people, so I'm just trying to give a little insight as to what actually happens. Hopefully that doesn't come off the wrong way.
Cheers.
@@brandonmckibben1164 all these for a 20k mark up??? No thanks.
@@ramenpho8162 yeah all that doesn't justify the crazy ass mark ups I'll gladly order direct to avoid mark up
We need to start calling these dealerships out. Leave 1 star reviews on all dealerships that are price scalping . I know it doesn’t sound like much , but creating awareness will hopefully put a dampener to what’s going on
Something tells me a lot of vehicle dealerships already have 1 star reviews.
Kew giving them 1 star rating !! Who cares if they already have one lol greed !!!
If dumbasses would just stop over paying, it would put a stop to it.
@@xxhotelcrazyxx best statement yet. Ty
Some price increase is acceptable when supply is short, but 50%+ is in no way acceptable. The dealers that are scalping should be called out like you said.
James always makes me laugh 😂 I hope his wonderful heart is doing well, without him the show wouldn’t be the same. Pump!
That Civic SI is in socal. 15k market adjustment + 4k in dealer add-ons. I remember checking it out in the showroom, and when I called out the markup one of the other customers who was in the room laughed out loud.
We need to start calling these dealers out for their shitty, predatory practices.
Support dealerships who don't try to actively fuck over the intended buyers.
So don't support dealerships then lol
Be easier to do if there were people bot actually buying these things. But car lots are empty, there’s almost no incentive for them not to up prices when new product arrival is uncertain
Study economics...🙄
@@jerryhannasch5302 economics as a study, at least in America had their curriculum written in the wake of world war 2 during the cold war. It does not teach you how to navigate the economy, that's what business classes are for. Economics is for training cheerleaders who know the right thing to say when capitalism shits itself. Universities have "economics of business" as a class for a reason.
Go study business if you actually want to learn something useful for navigating the economy and actually knowing what's going on.
I took 3 semesters of an econ major. If anyone knows how useless it is, it's me who paid 7 grand for these classes and learned nothing relevant.
To be fair, it's all free market. But it's free market on both sides: I choose not to buy from my local dealer for this reason.
I remember 5 years ago thinking it was insane that pickup trucks were selling for over $50K. I didn't see this coming. Since most people don't have $100k sitting around to buy a vehicle, I assume they will be slowly going bankrupt on time payments.
Here in Hawaii, people are selling 2nd gen Tacoma’s with 100k+ miles for $30k
@@yutaka1488 that is no different from the mainland my dude. 2009's with 250K miles going for over $50K near army bases now. people are willing to pay for them.
@@yutaka1488 Dude was selling an 93 MR2 for the MSRP it was selling for when it came out. Fuckin wack jobs.
when crash hits and everything resets all the idiots that purchased cars and homes at height of the market will be playing victim and begging for a bailout
@@zydecbro People have been saying that for a decade now.
I LOVE this type of videos!!! More of these for sure. Love the content keep it up
Love your guys marketing team, amazing job guys!
GM just recently announced they are coming down hard on Dealerships that are selling the C8 above MSRP by taking away their allocations for future vehicles. Good for GM.
Sure they will.
Finally someone is doing something, hope others will do the same bc this is getting out of control.
As a dealership employee my whole life. If u sell em they'll send em.
LOL because they aren't in on it hahahahahaha
GM doesn't have a future
As someone whos currently shoppng for a used car, I feel this pain on such a deep level. In my area, most used cars are selling for more than they were worth new off the lot.
Can’t go wrong with an old Honda/ Toyota 👍
I was recently cast into the car market due to an inattentive driver. I saw two USED COROLLAS priced at $31,900!
Yep just bought a 2020 4Runner with 24k for over MSRP. But hey, wife needed a bigger vehicle, and if im going to over pay I'm going to over pay for something that lasts.
Just for 90s GM cars with low mileage. Those are your best bet
My fiancé and I are in the process of buying a used car and its frustrating to buy one.
Went to buy a 2022 Bronco Sport Outer Banks. MSRP is 37K but the dealer tried to add only $2500 to the total price. I flat out refused and got it for the original price. Hats off to Premier Ford in Brooklyn, NY.
The funny thing is, the sales people at the dealerships are up on Facebook essentially trying to explain away why car prices are being marked up $10,000 plus over manufacture suggested price. What people don’t understand is, without customers… They make no money. If you’re going to buy something, buy something directly from a local seller and not a dealership. Even if it has a few issues that need fixed, you’re going to save money over what these dealers are charging. If you don’t want to do that, simply get the car you have fixed and wait till the market collapses. Just think what happens if the market just goes back to normal… that car you bought is now worth that less you paid over sticker value, even if it’s a one or two year old model. I’m surprised that banks are even giving the loans out knowing that these vehicles values are going to collapse as the market normalizes. I’d imagine at least some of them are requiring quite a bit more for down payment. As, you have to wonder how many people are going to default purposely. Just to get out from under the mountain of debt that I created by buying a car in this current market.
As a Car salesman at a Ford dealership, it's pretty sad that one of our bragging points is not charging over sticker.
But it's still the biggest bragging point you could have (in this economy).
I bought my 2019 f150 new for 12k under msrp at the end of 2019. It is currently worth about 8-10k more than I paid for it. There's no way I'd pay that much for a used truck, let alone pay over msrp for a new one.
The current new and used car market is insane. I hope that prices come back down soon. Its definitely a bubble, due to short supply and high demand. I'm not selling my truck any time soon, either way. It sucks for anyone that can't wait to ride out the shortage. Car, truck and gas prices need to go back to 2019.
Dude this remind me of that hank hill episode.
Which is stupid, you should sell the car for what people are willing to pay, not what some bean counter said it should be worth.
@@scarletboa I’m in Australia & looking on our Carsales 2014 F150 are going for $140K, 2020 F150 Shelby super snake $285k insane prices here. Plus our fuel diesel at moment $2.29ltr think that’s $8.66gallon, what your diesel there?
Almost $50,000 for a CIVIC?!!! That’s insane!!! I just bought a new 3/4 ton truck for that.
Why not whole 1/1
FK8 has entered the chat
@@axel3895 the 1/1 truck is too powerful for a mere mortal
𝐒𝐩𝐞𝐜𝐢𝐚𝐥 𝐥𝐨𝐯𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐨𝐯𝐞𝐫 ❶❽ 𝐲𝐞𝐚𝐫𝐬 𝐨𝐥𝐝
*NUDE-DATTING.ONLINE*
tricks I do not know
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Köz karaş: '' Taŋ kaldım ''
Erinder: '' Sezimdüü ''
Jılmayuu: '' Tattuuraak ''
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Arstan koyondu öltüröyün dep jatkanda, bir kiyik tigi tarapka çurkadı. Arstan aç köz bolup kaldı. Kiçine koyondu emes, çoŋ kiyikti jegen jakşı dep oylodu. # 垃圾
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It’s crazy. I bought my civic brand new a little over a year and a half ago for only 23k. And it was the sport model hatchback
I recently went to a Hyundai dealer to try to get a veloster n but they were disguising a dealer market as a “warranty package” trying to play me dumb like I didn’t know the car already came with one. And they just wouldn’t drop it the mark up. I was so pissed. There needs to be a law that stops all this markups
Donut needs to do a "name and shame" video on these price gouging dealers.
Dealer: “This car has a $10k additional dealer markup.”
Me: “No problem. My trade-in has a $15k addition customer markup.”
Edit: Just to be clear I didn't really do this. Itza joke.
I bought a new vehicle in November and I had virtually this exact conversation with my dealer.
@@douglasboyle6544 did it work?
@@ryanrodriguez1234 Pretty much. They were willing to sell at MSRP since I was a returning customer and was trading in a mint very low mileage vehicle that they were, in turn, able to sell at its original MSRP. The Market is messed up but we both got what we wanted.
Great job using the market! Im not sure if I have an issue with dealers selling their vehicles at market prices. Otherwise they would just be immediately scalped up and sold by resellers on the used market. Im happy the dealers are trying yo prevent that.
@@douglasboyle6544 trading in a mint low mileage car should not get you down to just MSRP, I hate this market we're in.
We should be able to buy right from the manufacturer, especially when car dealers are as scummy as they are
Buy a Tesla. The model 3 is cheaper than many of these cars.
@@ai4px Electric doesn't work for everyone. It wont work for me, I know that.
Wait until you need that car fixed FOR FREE under the warranty. Trust me, the manufacturer doesn't want to repair a thing. That's the dealership advocating on the customer's behalf.
@@drock9888 not true. My 2015 Kia Optima had an engine failure (along with the 1.5 million others) and Bob Bell Kia off Essex told me warranty wouldn't cover it. I called Kia Consumer affairs, and turns out the dealership never submitted any work orders. I took it to a Hyundai dealership a few miles away, and they replaced the engine under warranty. Bob Bell was trying to charge me $14,000 for an engine replacement (the labor rates were unreasonably high and the replacement motor was quoted at $8100 itself according to them), or I could trade my car in... Hmm. Kia Consumer Affairs happily replaced the motor and paid for my rental, as per my warranty. The dealership wanted to rip me off and force me into a trade in.
@@jamessteven526 that makes no sense. They get paid to do the work, and probably would have made more on an engine job then a car sale. I mean seriously, do you think they were going to make $14k on you trading your junk car in? That warranty job is basically pure profit.
I appreciate your anecdotal story, but if manufacturers start selling direct to consumer they will not stand behind their products like they do now, because they won’t have to.
And Ford had the ball's to warn other dealers against price gouging.
Originally in first place for the Mk8 golf R in one of the dealers in ATL and they charged mark up when the car arrived. Said no and turned to the car that is always on the list: Miata. Strangely no mark up at all on these cars across dealerships. Guess people don’t buy these type of cars that much nowadays?
I love people that justify this price gouging. This type of stuff will continue as long as people are willing to pay it... The same thing happens with game consoles. But if people stopped buying them at ridiculous mark up, then they wouldn't be ridiculously marked up lol.
Precisely. I just hope I live long enough to see some big new release get scalped into unobtainability only for the whole world to go "Nope, no thanks" in a giant unified fuck off to the practice. Like GPUs right now are being scalped by the pallet, literally, and morons are still buying them at over triple MSRP. It's so successful that scalpers are even selling by the pallet!
The thing with game consoles is Sony has twice sold theirs at a loss. These dealerships rarely ever take a loss on anything.
Stuff like this usually begins to crash not too long after its conception
@@Javierm0n0 This is why I admire Sony, they’ve been selling consoles at a loss (atleast in its release year) since the PS4. They actually want their fans to afford their products. Cant say the same for any car company tho.
Value is literally what someone's willing to pay. For some reason people are buying stuff for twice the cost of putting it on a shelf. I don't understand how all the overpriced cars and PC hardware is moving, when everyone's saying it's too expensive.
This is actually nuts. I've heard a lot of American CZcamsrs say the car market is crazy but holy shit this is just straight-up looting.
the people who have looted america are the federal reserve and their crony banker friends. now that the dollar is collapsing normies are going to blame all of the wrong people.
Chip shortage
@@justinc6962 imagine what will happen if china invades Taiwan 😖
@@coloradotrader7202 This is actually the biggest national security threat. People used to laugh at me when I said china would destroy the US in a war, cold or hot. Now look at what’s happening. China is surpassing the US in 5 years.
@@angelgjr1999 more like a year with the way sleepy Joe is fucking us
This is crazy. I bought my last car Dec 2020 and timing is everything as there were discounts galore. Got a $80K car 12K under sticker. Just 6 months later, the same care was going for 12K over sticker. Crazy.
Speaking of Mazda. There is one Mazda dealership near me in Orange County (Tustin Mazda) that is selling all their cars at MSRP. I am going to get a Miata in the future and will buy from them.
Great video guys! definitely earned my sub
I work at a ford dealership and can attest to the crazy prices. I have seen a used GT500 go for somewhere near 150,000$ and see trucks gor for near 60-100k almost every day.
To add, I can attest to the telluride.
Used yo sell palisades and before this market we sold them 5k over sticker easy.
Now it was closer to 20k
And you still probably have some crappy 2k gross cap on it.
I’m a detailer at one too, a basic generic xlt f150 with cloth seats and 4x4 goes for like $48k if ur lucky
So what happens when nobody buys a new car for a few years
@@xoh-kp6kr the manufacturers and dealerships will lose money and when it becomes too far gone the government will bail them out so they can repeat this again. Has already happened a dozen times it seems.
"Why buy new when you could buy used for slightly more"
I work at one of the largest used dealerships in Alberta CAN and while I haven't seen markups like this before (aside from maybe a GT500 that we have) things definitely are pretty crazy. Most things that can be shipped to the states get sent down which hurts supply. It started with trucks but right now our largest problem seems to be trying to find Grand Caravans... who would have thought that a Grand Caravan would be an appreciating asset?
czcams.com/video/3tyOVnOXGxw/video.html
I thought markups were illegal in Canada
A Grand Caravan??? Really A soccer mom's car. YIKES
Go auto ?
i fucking hate dealerships... stop doubling the price on a used car lmfao
Just bought a Camry from Toyota of Bowling green ky, ready on the road new camry cost me right around $29,070 for a brand new le straight from the factory. I’m so glad I was actually able to get the car I wanted at a fair price ( I drive a lot for work so it was the best choice for me in my price range for what I liked )
man I work for a Toyota dealer and some of thr prices we have blows my mind. and even more with the used cars we have.
Reminds me when I work at Toyota when the Supra came out. The first Supra we got cost $55k since is a Launch Edition, but my dealer put a "addition cost* on the price paper and says $100k. So the car was selling for $155k. And it sold in a couple of days by a tuning company. Insane how much people with money will pay. We might make fun of dealerships increasing prices but the true clowns are the people buy those cars at those prices.
You had to work in Texas or Florida. I also sold Toyotas and remember four Supras being bought by a tuning company from multiple dealers. If I remember correctly, dude did a burnout and wrecked one of the cars in the dealer’s lot.
They are not clowns because they DO have the money.
BUT they ARE dicks for fucking it up for everybody else.
Basically capitalism at its finest.
@@600rrwheelieopjemoeder3 *unregulated capitalism b cause they’re allowed to
The tuning company needed the car for R&D so probably got to write off a large portion of its cost. If somebody came in to buy one for personal use, yeah that would be ridiculous.
@@57precision I wasn’t mad they bought them, I was mad my dealership wanted to auction our two allocations at MSRP or above. They wouldn’t allow us to sell them and the cars were auctioned at $500 above MSRP 🤣
I’m honestly very happy dealerships are suffering during these times. I cant wait till manufacturers wisen up and offer direct-to-buy just like Tesla.
I don't think that's how supply and demand works.
Dealerships really aren't suffering. The lack of inventory is offset by the margins. Everyone I know in the industry is making more money than ever
@@OdinsDemon Yepp, when I sold cars I made decent money but it was brutal sometimes trying to get sales or working 12+ hour shifts and 6 days to make it. Now they are working 8 hour days with weekends off, selling cars that are 6 months from being built, and selling for over msrp without much of a fight because its the same all over. Some of the people I know still in the business are loving life right now.
I mean I get where you are coming from but as a salesman it’s our lively hood too right
It's not that they can't offer directed buy it's more that's illegal. Dealerships have been lobbying Congressmen for years to stop stuff like that
Congrats boys...your first video that made me sad. Love the channel
Glad I bought my car when I did. Right around 2021 before all the gouging on the used market appeared. Got a Mustang GT350 for $51,000. It was even priced incorrectly online and they honored it. Shortly after I got it, I’d say 6 months, all the new stock dried up so the used prices skyrocketed with cars like mine going for 70k and up.
This is why the dealership network needs to go away. Middle men just stuffing their pockets.
Who's gonna sell the cars then? Also can't trust that the manufacturer would be honest either.
@@6gredlite907 the company has team to find the price it took to make the car and are the one that set up the MSRP....
@@6gredlite907 I mean in Germany, where you buy your car directly from the manufacturer, right now, you get a brand new BMW X3 with options or comparable SUVs from german luxury brands for the price of the honda civic at the beginning of the video (aka. 60k) so you tell me which are less corrupt, the carmakers or the dealerships in america
@@yannickfeuillet6952 You spend way too much money overseas for cars. I still go to dealers that sell cars for way less than these crooks. So idk why you taking shot like you been to every dealership.
One brand that's doing it right is Subaru. When I bought my 21 WRX, I was told by the dealer that Subaru was punishing Dealers that sold cars above MSRP, by not giving them their full allocations for the next model year
That’s cap now. My local dealer as the new brz at 35-40k
@Michael Payne Depending on the trim that could be MSRP. Or maybe that particular dealer is willing to take the risk
Can confirm, one dealer was even still honoring their agreement with my employer which is cars at invoice in October 2021. I ended up with a rav4 hybrid for msrp. I really tried giving the subaru my business but I decided unless I was going to get the lowest optioned forester possible it just wasn't a good value compared go toyota even at invoice. The mazda dealership was the same and I would have purchased a cx5 over any other in its class but it didn't work well with openpilot.
Sounds like all 3 dealerships near seattle will not be receiving their full allocations.
@@RevanDeluxe lul, the subaru dealership in Bellevue is the one I was referencing. They aren't doing markup.
This is both hilarious and extremely sad.
I got a 21’ Civic Hatch Sport with manual last year at exactly MSRP. Didn’t really realize how good it was of a deal until seeing pricing recently :(
You guys should have included the the names of every dealership with each vehicle so we know whom to never buy from.
Every dealer in america is probably doing this one way or another :(
Easier to list the ones that stick to MSRP. Pinstripe, tint, and nitrogen green tire plugs are $5K in dealer markups here
all new cars are a scam. they make out like bandits on them lying like hell about ow profit margins and Nickle and dime the shit out of you. ask oldheads for stories of $500 floor mats tacked on in the price of cars.
@@alonsogarcia9113 there is no probably, they are.
@@thh420 haha I was at BMW years ago and it was $500 wheel locks, "installed"
Yup, ran into this when I was purchasing my 2021 Harley Davidson Panamerica. The mark up the stealerships were charging was ridiculous. I went to the 3 dealers nearest me and walked out laughing each time. Their long term vision was just so completely short sighted, not realizing that the ill will they were generating from the public was reflecting badly on not only on their dealership, but on harley it self, not to mention snuffing much of the excitement around the new model. I lit all three of the dealerships up on social media and ended up getting a call from Harley's corporate customer service. They put me in contact with Hale's Harley Davidson in Mansfield who actually honor MSRP and even gave me a discount on all the accessories I wanted, needless to say I'm telling everyone I know to go to THAT dealer instead of the ones in Cincinnati. Now none of the bikers I ride with are going to do business with those dealers ever again, that's 100+ lost potential sales just so they could make a little extra on the one or two allotted PanAms they got. The mark up practices of dealerships are what killed the Focus RS for one, second the practice is gaining more than normal negative press with the general public. All it's going to take is a politician choosing this as their "Thing I'm Going To Save You From" and poof, all the protections to the dealership model are gone, people vote on things that don't actually impact them all the time. In the end, the dealerships will be to blame, but I'm sure all the "bUt BaSic EconOmiCs" plebs will end up saying something along the lines of "No, it's the youths that are wrong".
How do you like the Pan Am? What did you ride before?
@@courtneymcgowan9561 It's honestly amazing. I never thought I'd buy a Harley since I'm not into Cruisers, but the PanAm is exactly the kind of bike I wanted to add to the stable next to my EBR 1190RX. I test rode the V-Strom 1000, R1250GSA, and the Africa Twin. I truly enjoyed the PanAm the most for its power curve, handling, feel, and tech. Harley hit a home run with this first attempt at a big ADV.
Didn’t know motorcycles were also being price gauged as well thought it was only cars was looking into getting an Indian scout bobber or a Moto Guzzi V85
If they can sell enough of those bikes over MSRP they will continue to do it. In the end it will fail though just like the whole concept of dealerships
@@gamerguy6990 Go with Motto, however I’m biased since I’m a guy who rides motorcycles built by a bowling company and will never touch and Indian motorcycle.
This is why I have never bought a vehicle from a dealership... I always buy private owned vehicles. Get you a vehicle thats 5-6 years old with low miles thats nice from someone who doesn't want it anymore and talk em down to your price or meet in the middle. You will still save 10's of thousands of dollars.
these prices are insane! I bought a new 2010 Camaro SS and thought $38k was still overpriced. Holding onto it forever!
Just keep a list, people. Remember all the “community-focused” dealers who now only care about how much than can scalp their community. Even when prices fall and they try to call remember their greed and go somewhere else.
These same dealers bought back trucks for more than they sold them for..... nothing is free...
See: state “no gouging law” during emergency(covid) , 40ish states have them (vary for products & services ) but often covers : lumber, cars , gas , sanitary products , food . Based on prices prior to emergency and typically limited to 10-15% per year
It’s only worth as much as someone is willing to pay 🤷
I think we should be more angry at the people that actually pay these prices. Without them the dealers wouldn't be able to do it.
i want to blame these dealerships as much as you, but a lot of these places have been desperate for inventory. the supply issues going on for the past year is affecting nearly EVERY industry. so if lots can't get hardly any vehicles to sell, they are forced to raise the prices on what they do get.
I actually work at a Kia Dealership in North Texas. Thankfully our stores are not doing these ridiculous mark ups. The only thing we do is have a few packages that people have to select which the top one is right under $2000 but other that that were MSRP + TT&L.
We absolutely can’t stomach the idea of asking for these mark-ups as our owner would lose his mind. We sell so much because of our policy against those massive mark-ups.
Cheers! Our owner refuses to sell a vehicle over MSRP as well. Huge part of the reason I work where I do.
Similar situation at my Toyota Dealership in PA. We don’t do any markups just MSRP.
What's the Kia dealership name?
You a walking W
When you humble brag about charging customers $2000 worth of bullshit you know the game is broken. Too bad the only way to own a dealership is if daddy gives it to you, or there would be market competition to put these usurious practices to bed.
same here is Aus 80series landcruisers can get 50-70k with 500,000kms on em 200 series $150k if chopped to a dual cab ute $250k same with a nice 70 series $200-250k for a dual cab with a canopy a 2008-2021 Ford Mustang GT500 Shelby lucky if you find one under $250k or a RAM 1500 $150k
Ocean Honda in Whittier has a 5k markup on all new vehicles and 15k markup on the TRD Pro. I spoke with their fleet manager about an all-cash deal and drop the up charge but he wouldn’t budge.
I worked as a tech at a Toyota dealership and stuck it out for a year and a half before throwing in the towel. Service is so predatory, we had mileage based service recommendations that we had to put in. Most of us just refused to rec anything not necessary but the writers usually just added them back on. I did so many unnecessary "repairs" because of the service writers pushing BS.
𝐒𝐩𝐞𝐜𝐢𝐚𝐥 𝐥𝐨𝐯𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐨𝐯𝐞𝐫 ❶❽ 𝐲𝐞𝐚𝐫𝐬 𝐨𝐥𝐝
*NUDE-DATTING.ONLINE*
tricks I do not know
Megan: "Hotter"
Hopi: "Sweeter"
Joonie: "Cooler"
Yoongi: "Butter
So with toy and his tricks, do not read it to him that he writes well mamon there are only to laugh for a while and not be sad and stressed because of the hard life that is lived today.
Köz karaş: '' Taŋ kaldım ''
Erinder: '' Sezimdüü ''
Jılmayuu: '' Tattuuraak ''
Dene: '' Muzdak ''
Jizn, kak krasivaya melodiya, tolko pesni pereputalis.
Aç köz arstan
Bul ukmuştuuday ısık kün bolçu, jana arstan abdan açka bolgon.
Uyunan çıgıp, tigi jer-jerdi izdedi. Al kiçinekey koyondu wins taba algan. Al bir az oylonboy koyondu karmadı. '' Bul koyon menin kursagımdı toyguza albayt '' dep oylodu arstan.
Arstan koyondu öltüröyün dep jatkanda, bir kiyik tigi tarapka çurkadı. Arstan aç köz bolup kaldı. Kiçine koyondu emes, çoŋ kiyikti jegen jakşı dep oylodu. # 垃圾
They are one of the best concerts, you can not go but just seeing them from the screen, I know it was surprising
💗❤️💌💘
Unethical as a Tech gives us all a bad name
Because they were working on commission. It’s horse shit. Commission workers have their own self interest at heart
I feel like these bots replying are sent by the automotive industry to nullify our discourse
Yea I’m workin as a porter at a Toyota dealership rn and I’ve seen some questionable things been done by the advisors. Pretty sad
$162K for a pick up truck? We are waaaay past the time for a reckoning with these dealerships.
Buy Tesla.
@@Curiosity_Tales Tesla makes pick up trucks? Oh, that's right, cybertruck is taking ten million eons to launch.
@@upside93 Straight from Tesla no stealership.
This Bronco doesnt even look that great to me....
@@Curiosity_Tales no
The only thing I can say is...do your research before you buy. Know what it is you want before going to a dealership. Know what dealership fees to are bogus and which one's are necessary. For example never pay for a vehicle transport on a used car that is already physically on the lot. Thankfully, there are companies you can trust and I'm living proof of that. I just bought a yellow and black 2017 Dodge Challenger RT+P (every option) with 61,000 miles, 3 year 150,000 mile warranty for 21,500 tax, tag, title included. Thank you Carmax.
Working at a dealership (in the service department) and watching this on my lunch break just seems a little funny. Also, please don't spank me for the sales department's sins.
Steelership shop fees are just as outrageous
@@MrMrsregor sometimes, yes. Our labor rate is actually fairly comparable to independent shops in the area. And our oil change prices are often better than theirs.
This channel is out of control! 6 MILLION SUBSCRIBERS?! I remember watching some of donuts first videos, score everyone we now now and love was involved and I’m happy to see the growth because this content is the best car content on CZcams. Thanks Donut! I love you.
𝐒𝐩𝐞𝐜𝐢𝐚𝐥 𝐥𝐨𝐯𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐨𝐯𝐞𝐫 ❶❽ 𝐲𝐞𝐚𝐫𝐬 𝐨𝐥𝐝
*NUDE-DATTING.ONLINE*
tricks I do not know
Megan: "Hotter"
Hopi: "Sweeter"
Joonie: "Cooler"
Yoongi: "Butter
So with toy and his tricks, do not read it to him that he writes well mamon there are only to laugh for a while and not be sad and stressed because of the hard life that is lived today.
Köz karaş: '' Taŋ kaldım ''
Erinder: '' Sezimdüü ''
Jılmayuu: '' Tattuuraak ''
Dene: '' Muzdak ''
Jizn, kak krasivaya melodiya, tolko pesni pereputalis.
Aç köz arstan
Bul ukmuştuuday ısık kün bolçu, jana arstan abdan açka bolgon.
Uyunan çıgıp, tigi jer-jerdi izdedi. Al kiçinekey koyondu wins taba algan. Al bir az oylonboy koyondu karmadı. '' Bul koyon menin kursagımdı toyguza albayt '' dep oylodu arstan.
Arstan koyondu öltüröyün dep jatkanda, bir kiyik tigi tarapka çurkadı. Arstan aç köz bolup kaldı. Kiçine koyondu emes, çoŋ kiyikti jegen jakşı dep oylodu. # 垃圾
They are one of the best concerts, you can not go but just seeing them from the screen, I know it was surprising
💗❤️💌💘
fuck man i remember when i subbed like it was on the road to 1 or 2 million or smth. When I saw u said 6 million i actually said no fucking way audibly.
How many are actually watching though?
stupid bots
Been here since the first episode of Up To Speed and loving every minute! 🍩❤️
I was so excited Maza was reasonably priced. I am a Mazda salesman at Budd Baer Mazda in Washington Pennsylvania, and we do not have a single vehicle marked up over MSRP. I have sold plenty of vehicles during this car shortage and I didn’t have to gouge anyone to make a decent living. Some (most) of these dealerships should be ashamed of themselves for marking these cars up like they are.
PA gang 💪🏽
Get this man a beer
I'm going to guess mazda won't allow price gouging, otherwise they won't be sending you more cars to sell.
@@SpeedDemonExpress Notice in the video the only car that was priced at MSRP was the Miata. So you are probably correct.
Not all of us can live in flat tax PA Patty cakes.
Actually laught a ton warching this. Thanks guys, needed it.
We have a GTI and Golf R 2022 that we just sold but we only marked up $5000 each and they both sold same day- thats the highest we've marked up- they were the only ones we were gonna get for awhile
In November 2021, I saw a "used" Bronco at Airport Ford in Florence, KY with 158 miles for $124,388.00. Absolute insanity!
That must have been a private person buying it as a quick flip investment. Crazy stuff!
The broncos sell for like 90-100k in Germany… the baby ones go for like 35-40k.. salvaged go for 30k…
It’s bc they were all backed up on orders so it made the bronco that much more valuable. Still absolute robbery.
Please use the proper terminology... It's not "used" it's "pre-owned".
@@motorhead281 Whats the difference, if you don’t mind me asking?
I just repaired the hood latch on my Porsche 944… the genuine Porsche replacement latch goes for more than $250 on Pelican Parts. An OE spec VW latch that shares 90% of its components is literally $11. Would love to see a video on outrageous “genuine” OEM part prices.
You are paying the luxury car tax man. It has always been that way. Jag parts are crazy expensive, but if you are creative you can make parts from other cars work. My dad had a 94ish Jag XJ that the AC compressor went out on. Jag wanted like $2000 for it and we found out that you can easily modify a GM compressor to fit. Creativity pays dividends. Ha
Watch the videos from FCP Euro. They walk through unpackaging and details.
@@backcountryme I know I signed up for it, 944s definitely have a reputation lol. Luckily since they made so dang many, spares, repros, and take offs are bountiful. I haven’t bought a “genuine” part yet lol
I had a classic Range Rover, and I learned quickly how many Chevrolet parts easily swap out for the far more expensive OEM Rover parts.
I second this video request
Would love to see this video but by state. Like what states are charging the largest mark ups. I’m in Washington state (south eastern) and where I work we charge a 5k market adjustment second sticker which is incredibly small compared to what I’ve heard from customers on the west side. They are claiming as much as 30k second stickers. It’s nuts.
This is why I buy private sale outright and make payments to the parts suppliers. My originally 34000$ explorer Eddie Bauer with new trans and brakes that runs like dream has only cost 8500 including purchase, transport, and repairs. If I swapped for a coyote motor and rebuilt my transfer case/differentials/suspension I'd barely hit original MSRP.
I hate dealerships so much at this point. I can't wait for the day that we're finally rid of those lousy scam artists.
Haha have you heard of the Tesla experience lol? A great example of why dealerships are superior in many ways
@@alexanderdeburdegala4609 I haven't. Can you please explain?
@@alexanderdeburdegala4609 must be a dealer.
@@marncyn Lol, they're basically the Apple of cars. You cannot install aftermarket parts or they'll disable it. It costs 10k to replace the batteries.
@@cafenightster4548 don’t buy a Tesla and what does that have to do with a dealer.
I absolutely love when y'all do these. It humorously highlights how out of control these things are getting.
here in NJ and PA cars sell almost at MSRP, whilst in NY the dealers go crazy and jack up the price, 52k for 40k msrp tacoma, crazy times
I bought a new ram 3500 this year and grand cherokee l summit and did not Pay any mark up just msrp. They also gave me the same price for my escalade that i paid last year. You just have to find the good dealers that don't charge over msrp.
I’ve been trying to buy a used car for my family but it’s outrageous. I feel for single car families who rely on transportation and can’t afford to wait for prices to go down.
James captured my feelings perfectly.
The good thing about living in Yurp is our public transport kinda works (in most places really works) so families can use it instead of overpaying for cars in a boom market.
I bought a full option Lexus CT200h for 22k euro in March 2019. Sold it for 24,6k euro in December after putting 40k kilometers on it. it's insane.
@@Mateicats Which country may I ask? It seems to me with those ridiculous prices long term rental or leasing make more sense. I live in an area where a hobby car makes little sense so I only use my car in an utilitarian way but jesus this is bad. The price inflation of everything because of transport issues (some companies have the biggest stocks of produced goods in history) + regular inflation make me feel like every raise I have gotten in the past 8 yeas was for nothing.
Just picked up a mint 2005 325i for $1,100. Nobody who doesn't know BMWs can even guess the year. Timeless styled car that I'd comfortably take across country tomorrow. (Okay in all fairness, I did have to replace the rear subframe, but its not the most difficult task ever and the subframe was $200 on ebay) just sayin... nice family safe and reliable cars are definitely out there if you know what you're looking for. Got a 2012 audi Q5 s-line last year for 13k. Really look into 2005-2010 Audis BMWs and Infinitis. Toyota Avalons are also very nice and reliable cars with timeless class to them.
@@Immad1337 I don’t think telling ppl who seem to be on budget, to buy a 10-15 yr old high mileage 3 series, or Audi is sound advice lol.
I hate covid price gouging. It’s literally affected every aspect of life because demand is so high and product availability is so low.
Get used to it for at least the next 3-5 years.
The Great Reset 😉
It’s not price gouging. People are willing to pay it, so the market follows. If people weren’t willingly paying those prices, then they wouldn’t be where they are. Pretty simple.
@@victoriap.m.6960 people are not willing to pay it they are willing to finance it like idiots.
@@111mmgg That’s exactly right!! I mean after all who do you know that can pull that kind of money out of there fucking ass??
Got my 2019 Acura RDX totaled got a check to replace it but rather keep the cash than to pay the markups I have other cars to get around
Part of this is manufacturers too. The dealer takes the car into inventory for a factory price and they provide an msrp. BUT the dealer can of course charge more to make a profit but you can talk them down to msrp, but any features they add or work completed on the car gets added to the price. If a used car comes in needing an oil change or new tires, that cost gets handed down to the customer even if they didn’t request it.
The best way to keep the dealers from anal fiscaling us is simple: everyone stops paying over MSRP.
Go tell your favorite CZcamsr that, and everyone else who wants to become CZcamsrs and going to these dealership spending all this money they don’t have to impress their “fan base”.
@@Gotti.G0tEm absolutely. All these chumps that wanna "flex" and "stunt" on everyone around them because they have no inherent self-worth. It's a toxic culture here in the US and we're all paying for it.
Definitely and I wonder when new cars come back If dealerships are even gonna stock cars I’d honestly like it if all dealerships tuned into Tesla
It is that simple. No need to create stupid laws
I bought my 2015 Rubicon for $34k.
With 95k miles on the clock, dealers are offering over $30k for it. That means they will sell it used, with almost 100k miles, for more than I paid for it 7 years ago.
Insane.
My Dodge Ram 4x4 was 20k 4 years ago with 95k miles.
The value at current market is 25k with 130k miles
Exactly, people here are complaining about the higher prices of cars yet not complaining about how much they are getting for their trade 😂
I had my local dealer offer me 5k more than I bought my 2015 VW Passat TDI with bad hail damage in 2020. Blew me away.
@@unccliff1 too bad my trade in blew up at 220k.
Yes, but we finance anyone, even you.
Go price out a “ B” class RV which is a smaller sized RV. Most sit on a Sprinter or Transit chassis. They go over 150k. I ought mine for a little over 80k back in 2015 new.
Great video! 👍
When James said "I'm tired" I was literally feeling the same thing lol
This video was great. Amazing content as always
I was legit crying, lol
Time to legislate dealerships out of the picture and go to direct sales from the manufacturer. Cut out the middle man completely, dealers need to compete against oems for sales.
Never going to happen...go research how the dealer finances their inventory. The manufacturers aren’t interested in doing that (exclusive of the state by state dealers laws).
Tesla does this and it works wonderfully
I work at a dealership in Southern California and we sell at msrp only no markup not even on our corvette c8 Rotolo Chevrolet is the dealership my name is Jesus Sanchez I’d appreciate if you could spread the word come in and ask for me.
"Everything I don't like should be illegal" that's a mentality that absolutely wrecks economies
@@roymarshall_ and nations.
Love these guys
At the Prescott Arizona Toyota a 29 year old salesman told me prices are high because he needs to feed his family can you believe that? He then when on to state maintenance plan add-ons are mandatory. I am filing a complaint against them with the Federal Trade Commission because these add-on fees are in fact not mandatory. Too funny how this criminal behavior is allowed so he can 'feed his family'. A buyer also has a family to feed. Too comical...
My brother was upside-down in a car and bought a new truck. He ended up literally taking it to carmax 3 months later and now he's debt free. WE LIVE IN CRAZY TIMES.
25 year importation law went into effect Bc dealerships losing sales. This should be a great way to have that rule overturned with all the crazy market adjustments. Shouldn’t be a law if they are allowed markups on new cars.
Yass....write to your local congressman!
You make an excellent point.
When politics interferes in the market you end up with distortions like this. Good luck removing laws, its always more, not less.
@@leandroflaherty 🎯🎯🎯
Most dealerships are privately owned so manufactures do set the price, your local dealership marks them up. The manufactures fought for the law not the local dealerships, want it to change? Try getting more people to stop paying for it. If they stopped buying it they would have to come down.
Love the Rat-Fink jumper. Ed Roth was my favourite artist :)
I work at a certain dealership (shall not be named) which just sold a new Si for 42k…….. didn’t even add tint to it before putting it on display what a shame lol
Manufactures have been "scolding" dealerships for years. I'm all for making money but what the ships are doing is incredibly gross. I sold Mopar for years. When the Demon came out it was insane.
Manufacturers aren't scolding dealerships, there was a report in AutoTrader about 2 weeks ago talking about how manufacturers are rethinking their inventory practices. Meaning they most likely are not going to saturate the market with inventory like they were before. Instead of them investing so much capital to manufacture a ton of units, they're going to manufacture less vehicles so dealerships can continue to capitalize on gross profit as well as manufacturers not having to worry about thousands and thousands of unsold units sitting on dealership lots aging and then having to invest more capital in rebates and incentives to help dealerships sell their cars
@@smoshr4543 I don't think you read my comment. I was being sarcastic, manufactures have been saying they do something about massive markups but they never have. Its so gross.
@@smoshr4543 Yeah in many industries they have learned that presales work and people will wait if they have no choice and it reduces waste on their end and they can charge more.
@@mikehansen9898 I see where you're coming from. But when a dealership is only going to get for the year 20% of the inventory that they had available to them every year before what else are they to do? In the past year and a half that I've been working I cannot remember one deal where I had to turn a customer away who owed money on a trade in. And if you sold cars before I'm sure you remember when someone came in wanting to buy a new vehicle or used one and said I have trade in I've had it for less than 2 years, I'm sure you remember the feeling of oh s*** these people are upside down if they don't have money down they're not going to be able to buy. Now people current owned cars are worth so much more they're making money above what they owe
So if the dealer gives a discount I am guessing that is not as gross?
I worked in the car business for many years building dealer websites - to most of them the business is all about "moving metal." they could care less about the brand, performance or how loyal you are to Ford or Chevy. They don't make the product, they just move it and make the highest front end gross they can. That's all they care about. (and ripping you off in finance too - they care about clubbing those baby seals for sure)
Probably the most accurate and true statement on CZcams
@@richardburns9772 idk...LGB is pretty good, too
Lol, People say stealership for a reason!!
donut never disappoints with bangers
wow this is super enlightening i knew they were scam artists but not to this level holy crap imma be entering dealerships calling them out
As someone who watches the used car market both for himself and for his friends, whenever they ask me how much to expect to pay for something I just take the price that I know it should be and add 50% on top.
I so too
I feel like if people are complaining about dealership prices, they probably shouldnt be in the market for a new car anyway. If a 50% discount for a couple year old car isnt enough, you gotta get your priorities straight
@@Bobodododo oh really. Why does a 2022 civic si cost asmuch as a used Aston Martin. Why does a Kia SUV cost as much as a Ferrari 360. Granted the Ferrari had like 50k mileage. Imma send you the ad.
@@Bobodododo Mate, NO ONE is talking about a discount. We're talking about inflating the price. No working family should have to pay significantly more just to secure comfortable, reliable transportation.
Watching what the new Corvette goes for is insane, but seeing multiple of them driven around town is even more insane, knowing that people are paying those prices!!!
prolly the dealers driving them bc they eating so good rn🤣🤣
The corvette should be regular price
because people are stupid and cant think
10 yr loans are an abomination
Those people are morons. Soon as it's driven off the lot, it's worth $40,000 less.
Arlington Toyota priced a 2022 z06 corvette for 78k which is crazy low and it had i think less than 20k on the odometer, and other bunch of cars priced either higher a little bit higher on the msrp but most are under the msrp.
I work at Hyundai we are charging msrp no mark ups and make fun of the ford next to us that have a 30k mark up on a bronco and the lightnings
The markups on the economy cars are the most diggusting. 50% markup on a car someone with a low income who needs a car would buy is beyond immoral.
Hate to be the bearer of bad news but that's actually already the case starting with the vehicle manufacturers themselves. They are making a massive profit selling cars to people who can't afford them too.
Then how would it be fair for a dealer to lose his money and close up shop by selling at last years market prices when he too has to pay higher to get used cars for him to sell to people? If everything was how you want it, there would be less dealerships, no pricing competition, and ultimately an even worse market. Think a little.
@@victoriap.m.6960 Given how smooth the Tesla buying experience is, I'm fine with no dealerships lol
These prices are far more insane than I would have thought. Shows how much attention I've been paying to the market recently.
Price gauging on the back of a pandemic and using fake news stories about computer chip shortages to trick people into signing away their life on car notes. There's going to be lawsuits about this when people default.
@@SF-dy6hn If they are dumb enough to pay those prices then kinda their fault
@@nofurtherwest3474 I guess if they're dumb enough to over charge then we shouldn't bail them out either when it bites them in the ass
This is all brought to you by the democrats Joe Biden administration
@@bigmikestan It's brought to us by fuckboys who Spam $1 on offer up and say 350,000 Miles $10,000 OBO for 1999 Honda Civics Clean title AC works. I used to run those kinds of Ads on Craigslist. The gypsy never even paid me. Biden administration can't fuck up car prices worse than car dealers who flood car buying sites with junk. They're abusing platforms and the aftermarket is legit squeezed on both ends. Sell a used car you'll get 70% below market value. Buy a used car and you'll pay 5x market value. And then you've got car middlemen who buy cars from other dealers making the whole market seem more legit than it really is. Digital Market is 100% manipulated same way Google, Facebook, CZcams censors the truth about the _____ error comment deleted.
I work at a Honda dealer and we aren’t marking up any of our new cars. I never thought I’d see the day where people are happily paying MSRP. We’ve had many customers come from PA, OH, TX just because the dealers are charging 3-7k over sticker. More business for us! We’re completely out of cars though.
CA pricing. In AZ 10% to 15% is to be expected. Ordering straight from the factory only dealer prep and destination charges are tacked on.
Round of applause for the MVPs, McDonald Miata West! 👏
Hey Texas Plinking! Didn’t know you watch Donut Media as well!
you know their phones are getting up right now
As somebody with folks in the Portland area, both Kuni Lexus and Beaverton Toyota are basically at MSRP. Because of this popular trims are weapons-grade unobtanium (6 month wait on hybrid RAV4s and a little shorter on equivalent NX). I’m pretty lucky to be buying a Lexus ES300h at MSRP with short turnaround.
I don't think it was HONEST Noone wants to buy that car it should be worth 16k lol
@@luistorres6730 Super moddable though, they are pretty good starter cars.