Sr. Citizen's Question On Car Pricing ?
09-01-2008, 10:58 AM
#61
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Re: Sr. Citizen's Question On Car Pricing ?
SMS wrote:
> M.A. Stewart wrote:
>
>> "Dealer invoice" is as phoney as a thirteen-and-a-half dollar bill that
>> has Bozo-The-Clown on the face side and an image of used car lot on
>> the reverse side.
>
> It is indeed. It's so much higher than the dealer actually pays for the
> vehicle that even many of the dealers use it as a street price from
> which to bargain down from.
>
> I.e. in today's paper, one advertisement for a local dealer (actually a
> former Penske dealership), there is a vehicle ("all at this price") that
> has a $22,370 MSRP, a $20,456 invoice, that is selling for $18,870 minus
> a $1500 rebate so it's $17,370 (includes destination charge).
>
> I don't know what the actual dealer cost is. I know that without any
> extra spiffs the dealer would pay $18,749 and he's selling it for
> $18,870. Obviously he must be making more than $121 per vehicle, but
> it's not really my problem how he makes it, or how much he makes. I
> don't stay up nights worrying that a car deeler is making enough money.
> Maybe there's some big factory to dealer rebate that I don't know about.
> Maybe the dealer knows that enough buyers will come in and finance, buy
> a warranty, buy fabric guard, alarms, Lo-Jack, paint protectant, glass
> etching, or whatever other profit centers that the dealer has come up
> with so that it's worth putting up with the occasional customer that
> buys none of those items.
>
> Jim is obsessed with the invoice price and believes that it's some sort
> of holy grail. Dealers love people like Jim. I love people like Jim.
> Without them the dealers might have to implement a one-price, no-haggle
> pricing policy like Saturn used to have, and I'd have to pay a lot more,
> and Jim would get to pay a lot less. Please Jim, keep believing what you
> believe to be true.
you can't read. and do NOT put false words in my mouth since what i
actually say, and what you say i say are completely different.
in the mean time, dumb comments like "Obviously he must be making more
than $121 per vehicle" will continue to define you since real numbers
have been discussed - apparently are incapable of their assimilation.
> M.A. Stewart wrote:
>
>> "Dealer invoice" is as phoney as a thirteen-and-a-half dollar bill that
>> has Bozo-The-Clown on the face side and an image of used car lot on
>> the reverse side.
>
> It is indeed. It's so much higher than the dealer actually pays for the
> vehicle that even many of the dealers use it as a street price from
> which to bargain down from.
>
> I.e. in today's paper, one advertisement for a local dealer (actually a
> former Penske dealership), there is a vehicle ("all at this price") that
> has a $22,370 MSRP, a $20,456 invoice, that is selling for $18,870 minus
> a $1500 rebate so it's $17,370 (includes destination charge).
>
> I don't know what the actual dealer cost is. I know that without any
> extra spiffs the dealer would pay $18,749 and he's selling it for
> $18,870. Obviously he must be making more than $121 per vehicle, but
> it's not really my problem how he makes it, or how much he makes. I
> don't stay up nights worrying that a car deeler is making enough money.
> Maybe there's some big factory to dealer rebate that I don't know about.
> Maybe the dealer knows that enough buyers will come in and finance, buy
> a warranty, buy fabric guard, alarms, Lo-Jack, paint protectant, glass
> etching, or whatever other profit centers that the dealer has come up
> with so that it's worth putting up with the occasional customer that
> buys none of those items.
>
> Jim is obsessed with the invoice price and believes that it's some sort
> of holy grail. Dealers love people like Jim. I love people like Jim.
> Without them the dealers might have to implement a one-price, no-haggle
> pricing policy like Saturn used to have, and I'd have to pay a lot more,
> and Jim would get to pay a lot less. Please Jim, keep believing what you
> believe to be true.
you can't read. and do NOT put false words in my mouth since what i
actually say, and what you say i say are completely different.
in the mean time, dumb comments like "Obviously he must be making more
than $121 per vehicle" will continue to define you since real numbers
have been discussed - apparently are incapable of their assimilation.
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