tesla's real impact - breaking the car dealer monopoly
#256
That sounds like something out of the old Batman TV show of the 60s LOL.
That's why I said there are both honest and dishonest people in the business. And I've also found that some people are never satisfied with the price they get...they ALWAYS assume they are getting screwed, whether they actually are or not. My late mother was like that, God rest her soul....and I'm not trying to dishonor her memory one iota (after all....I wouldn't exist without her). But she could, in fact, be very difficult to shop with. One of my ex-co-workers, who I went shopping with once for an F-150, was the same way. He sat there, at the dealership, complaining, and bargained for hours, on and on and on, for a year-old, factory-program (never titled) F-150. He finally signed the papers, took the truck home.....and then complained and griped the whole next week at work about getting screwed, and whether or not he could take the truck back. Our SUPERVISOR, of all people (who actually liked the truck), finally offered to buy the truck from him, at the exact price he paid for it, just to shut him up. That embarrassed him so much that he quieted down and kept it....and he actually ended up liking the truck, considering he kept it for almost 15 years, through two signifcant accidents.
regardless, i would say that while i expect almost everyone is aware (and leery) that dealers will take as much money as possible from customers, most also won't know when it's happening because many dealer salespeople are very good at appearing straightforward and honest, when in reality there's all kinds of things they're not disclosing, and numbers that change during the process, and completely confusing 'sheets' showing how a price is calculated. and don't you love it when you find something 'wrong' and they act surprised, that it was a mistake, yeah right...
Last edited by mmarshall; 07-29-17 at 04:05 PM.
#257
Everyman Tesla Surprise:The Tesla Model 3 Is Launching At $44,000 Not $35,000.
https://jalopnik.com/surprise-the-te...not-1797357913
https://jalopnik.com/surprise-the-te...not-1797357913
If they lose a lot of reservations for the Model 3, it would be pretty surprising that it's because of this.
#258
There are plenty of regulations, right now, as it is, that support a number of transactions related to auto-sales......among others, Truth in Lending, Usury-limits, Price-sticker requirements on all new American-market vehicles, Lease-Contract regulations, Odometer Mileage Statements, and Credit-Release forms. All cash-transactions of $10,000 or more (including a privately-written or Cashier's Check from the bank) are, by Federal regulation, reported to the FBI. State laws, if applicable, limit any dealer-processing fees. And, of course, during the Obama Administration, a whole new agency (the CFPB) was added that regulates consumer credit. Although some shady stuff still indeed goes on, the auto-sales business, in general, today, is anything but a free-for all.
Last edited by mmarshall; 07-29-17 at 05:10 PM.
#259
As for the people being never satisfied, yes I agree. I have said this before, most people do not want to spend the amount of money they are spending on a car. That $50K is not a necessity, the whole goal of the manufactured car, dealer, dealer personal, dealer or manufactured incentive is to try and persuade you to buy that particular car you are looking for and then part with your money. This is what it all about. The right amount of pressure in many different circumstances is essential to making this work. Lexus or Chevrolet, no different. They just have different approaches to making this all work.
just because it doesn't affect you, and sure, people should become educated about corrupt and unscrupulous practices doesn't make what dealers are doing right.
perhaps you even feel good that many are ripped off by dealers, 'allowing' the dealer to even take a loss on your deal because it balances out.
abuses of power bother me, and i hate seeing nice people i know (typically older) going into a dealer and getting financially stiffed because it never occurred to them that a dealer could be so unethical.
perhaps you even feel good that many are ripped off by dealers, 'allowing' the dealer to even take a loss on your deal because it balances out.
abuses of power bother me, and i hate seeing nice people i know (typically older) going into a dealer and getting financially stiffed because it never occurred to them that a dealer could be so unethical.
Last edited by Toys4RJill; 07-30-17 at 07:25 AM.
#260
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I don't like to support the idea that regulations should somehow take away people's responsibilities to look out for themselves.
but back to whether car makers should be able to sell direct, i would like to see this because while you guys are all about the consumer being 'responsible' and 'educated' i'd like dealers be responsible and fair too. maybe a little competition would help.
and again i've no problem if a manufacturer ONLY wanted to sell direct because if they price themselves too high, then they won't succeed... competition among educated consumers, right?
#261
Can't see the direct pricing working.
#262
If that were the case, there would be no Car Chat forum. Many new posters come for advice (some of them with good advice themselves), and, of course, we veterans here on the forum also often advise each other. You and I have both had threads on our own purchases.....and those of our families.
#263
I would suggest that anybody who brings a stick to a gunfight should learn from that and bring a gun next time.
Not feeling sorry for people and not giving advice are different things. I expend a lot of energy helping people not get screwed...
Not feeling sorry for people and not giving advice are different things. I expend a lot of energy helping people not get screwed...
#264
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Can't see the direct pricing working.
#265
We focus a lot here, in the forum, on low purchase price, but one can be screwed in more ways than just price-gouging. Giving a car away, IMO, is of little value if the same dealership then turns around and gives crappy service, scratches the paint up when putting the car through the wash, forgets to tighten the oil filters or drain plugs down correctly, or gives the owner grief by refusing to do needed warranty work.
#266
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the sales and service sides are typically run as independent business units i think, so getting a 'great deal' doesn't mean you'll get bad service, or that a 'high margin' for the dealer means you'll get great service.
#267
Oh, I definitely agree. In fact, that's one reason (among several) why I'm a repeat customer at that particular GM dealership....superb service from one particular service-advisor, who, fortunately, doesn't seem to be moving or retiring any time soon. Anybody can sell you a car......but not everyone can service it (or manage the service on it) properly
#268
#269
It depends what you mean by "units". If you mean as separate departments within a business entity, yes. Either way your conclusion is correct, of course.
#270
ive yet to see any solid argument for the current business model and protectionism, just goes to show how lowsy it really is.
let the consumer figure it out when its a monopoly and no choices for the consumer? Thats nice
let the consumer figure it out when its a monopoly and no choices for the consumer? Thats nice