Pricing, markup, direct vs. dealers
#46
Lexus Test Driver
#47
Lexus Fanatic
due to chip shortage mb is cutting back a lot of v8 cars across the whole lineup. so any v8 cars are getting big ADMs. i keep track of G63 and they are easily over 100k ADM now.
e63 wagon is a rare car to begin with and often carries ADM. now with the shortage on mb v8, prices go up even more.
porsche gt3 started with 50k (when i inquired), now it is about 100k i think. the cargo ship that caught fire in the atlantic has bunch of gt3 in there, i think this will continue to drive up the cost more.
porsche gt4rs is also crazy, i heard over 100k ADM as well
e63 wagon is a rare car to begin with and often carries ADM. now with the shortage on mb v8, prices go up even more.
porsche gt3 started with 50k (when i inquired), now it is about 100k i think. the cargo ship that caught fire in the atlantic has bunch of gt3 in there, i think this will continue to drive up the cost more.
porsche gt4rs is also crazy, i heard over 100k ADM as well
Sure, but a 75% ADM? And the car is a 2021 so nobody has bought it.
I meant that sometimes dealers will display someone's car while they wait for them to come pick it up. It's not for sale but still there to draw people in out of curiosity, the Ferrari and Bentley dealer does this and they have a huge window you can see from a few streets over anything interesting they are showing off at the time
#48
Lexus Champion
These other cars I talked about were all 6 cyl, and that S Class is an S500.
Sure, but a 75% ADM? And the car is a 2021 so nobody has bought it.
No, this is every car on their lot and in their showroom. Euro in Germantown (where I bought mine) is the same way. From what people have told me they will negotiate to MSRP, and will order cars for MSRP.
Sure, but a 75% ADM? And the car is a 2021 so nobody has bought it.
No, this is every car on their lot and in their showroom. Euro in Germantown (where I bought mine) is the same way. From what people have told me they will negotiate to MSRP, and will order cars for MSRP.
#49
Lead Lap
iTrader: (3)
Quite the opposite actually, car manufacturers are now more profitable than they've ever been because of the shortages.
cars today vs 15 cars few years back is a big difference.
#50
Lexus Champion
#51
I saw some of the V6 Broncos being marked up to over $100K asking price. $40K+ mark up that comes out to I guess. My friend bought a demo RAM TRX and felt good about only paying $12K mark-up on it.
#52
Lexus Test Driver
They are making more on the 1 car they sold vs 10 pre-shortage.
For example, my X3 M40i I started negotiating with Invoice minus all incentives (another $2-3k). Now you’re starting at Msrp if you’re lucky. Plus they are making a killing on the lease returns.
#53
exclusive matchup
iTrader: (4)
These other cars I talked about were all 6 cyl, and that S Class is an S500.
Sure, but a 75% ADM? And the car is a 2021 so nobody has bought it.
No, this is every car on their lot and in their showroom. Euro in Germantown (where I bought mine) is the same way. From what people have told me they will negotiate to MSRP, and will order cars for MSRP.
Sure, but a 75% ADM? And the car is a 2021 so nobody has bought it.
No, this is every car on their lot and in their showroom. Euro in Germantown (where I bought mine) is the same way. From what people have told me they will negotiate to MSRP, and will order cars for MSRP.
lol all the porsche i talk about are 6 cylinders too it's all about demand. i am not saying it makes sense (coz' it doesn't) but supply and demand always holds
#54
Lexus Test Driver
I'm not sure about that. They're seeing their profits soar well past pre-COVID years simply by having their supply reduced. If anything, this will encourage them to keep volumes lower even when the chip supply returns to normal. It's what luxury brands have done for decades, and now mainstream brands are following suit.
#55
Lexus Fanatic
#57
Lexus Fanatic
Its interesting, they advertise way longer financing terms in Canada than they do here. They just don't advertise those sorts of terms here.
#58
Lexus Fanatic
It is because people are addicting to spending. And the economy is not doing well. Housing prices are out of control. Highest inflation since 1991. Gas is like $6.50US/gal in B.C.
#60
Lexus Fanatic
Why would you say that? Most people, I'm sure, are certainly not overjoyed at the prospect of paying more than list for a new vehicle....they cost enough as it is.
Fuel taxes are also higher in Canada than in the U.S. In fact, although we may (?) not be able to discuss it in detail because of politics, there are proposals in the U.S. Congress, right now, to temporarily suspend the Federal tax on gas to get the cost down.
Gas is like $6.50US/gal in B.C.