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Old 05-06-2013, 11:12 AM   #1
I Bin Therbefor
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Default Let the Gorging Begin

http://www.autoweek.com/article/2013...NEWS/130429803

What is 10,000 Corvette dealers at the bottom of the ocean? A good beginning!!

I wish there was a term we could apply to the dealers who are the exception that prove the rule. There many exceptional dealers on this forum that don't deserve being lumped with the gorgers.
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Old 05-06-2013, 11:15 AM   #2
gthal
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Don't blame the dealers... blame the buyers. Anyone willing to pay a premium just doesn't care about cost or couldn't be bothered to do any research. There will be lots of MSRP cars available.
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Old 05-06-2013, 11:21 AM   #3
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Buy a C7, don't buy a C7. Use a forum dealer, don't use a forum dealer. Pay MSRP, don't pay MSRP. I choose to buy a C7 and pay MSRP. I made my choice and I am happy about. Life is a series of choices. Make a decision and quit crying about it.
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Old 05-06-2013, 11:22 AM   #4
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I'm just throwing this out there, and I'm not in any way condoneing mark ups. But I wonder if part of that whole thing is the dealer's way of getting rid of previous model inventory.

I mean really, I go in for a new C7. Demand is strong, and the dealer has it marked up $5-6K as a "market adjustment". So, I either cave and pay it, or if I balk, the dealer say's I tell you what, here's a '13 GS 4LT, I'll let you have it for less than that C7 1LT is originally stickered at. Now I really wanted a C7, but that 4LT GS looks awful nice, and what a deal. I don't know, I could be completely off base here. But it's just a thought.
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Old 05-06-2013, 11:25 AM   #5
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dontcha mean "gouging"?
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Old 05-06-2013, 11:27 AM   #6
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My dealer has an allocation of 39 units on the first go-around. They're not marking them up. They're selling at MSRP. But they're also not going below MSRP.

Fair enough to me.
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Old 05-06-2013, 12:04 PM   #7
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It will be interesting to see what the market will do. Already dealers are at MSRP instead of thousands above. The economy will keep the markup under control. I think the purchase price will be reduced earlier than the C6 was.
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Old 05-06-2013, 12:06 PM   #8
B-Myster
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Quote:
Originally Posted by pewter99 View Post
dontcha mean "gouging"?
I prefer gorging.

Click the image to open in full size.
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Old 05-06-2013, 12:09 PM   #9
catbert
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Quote:
Originally Posted by gthal View Post
Don't blame the dealers... blame the buyers. Anyone willing to pay a premium just doesn't care about cost or couldn't be bothered to do any research. There will be lots of MSRP cars available.
You couldn't be more right. You have to be a special kind of simple to pay thousands over list when the big forum dealers with hundreds of allocations will order just what you want for MSRP. You can't complain about greedy dealers when you volunteer to be hosed.
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Old 05-06-2013, 12:26 PM   #10
tuxnharley
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Quote:
Originally Posted by pewter99 View Post
dontcha mean "gouging"?
Quote:
Originally Posted by B-Myster View Post
I prefer gorging.

Click the image to open in full size.
Yeah - the over MSRP "additional deal mark up" "market adjustment" buyers are getting "gouged" while the dealers are "gorging" on that additional profit.

Both terms are correct in this case!
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Old 05-06-2013, 01:00 PM   #11
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Sad to say but price gouging is just the normal thing when you have "ANY" hot new product. Its going to happen no matter what. And always will. No one is forced to pay anything. As with all price gouging all you have to do is wait a little while until the hype dies down and get it at the regular price. No problem.

The bad thing is there are millions of buyers out there that never go on these forums and dont even know that there are dealers out there that will honor MSRP and will be happy to aquire a new customer.

Last edited by jr3; 05-06-2013 at 01:02 PM.
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Old 05-06-2013, 01:08 PM   #12
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Luckily, we live in a free market which is why we get so many good products so cheaply.

If you complain about price gouging when supplies are short, you should also remember that those discounts from MSRP and dealer incentives people seem to require now a days come about from excessive supply.

You can't get one without the other.

Last edited by Sin City; 05-06-2013 at 01:11 PM.
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Old 05-06-2013, 01:38 PM   #13
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Silly thread. It's called supply and demand.

The same folks that bitch with self righteous outrage when the dealer says, "MSRP +$5,000 please", need to also say, "No thank you, I'll pay sticker price" when the same dealer later offers a $5,000 OR $10,000 discount from MSRP.

But they won't.

By definition, a moral compass has to swing freely. It can't swing in only one self serving direction.

Last edited by B747VET; 05-06-2013 at 01:49 PM.
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Old 05-06-2013, 01:53 PM   #14
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Quote:
Originally Posted by I Bin Therbefor View Post
... What is 10,000 Corvette dealers at the bottom of the ocean? ...
About 11 times more dealers than will be selling the C7 for the first 6-9 months or more.
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Old 05-06-2013, 01:56 PM   #15
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Paying OVER MSRP is stupid.
Paying tax on the ADM is stupid.
Paying over MSRP is instant depreciation once you walk off the lot.
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Old 05-06-2013, 02:00 PM   #16
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It all depends where you are in the food chain.
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Old 05-06-2013, 02:03 PM   #17
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I would never pay over MSRP and if a dealer I go to charged over I would look very very hard for another dealer I could use in my area for service, and if buying a new wheel to roll down the road it wouldnt be from the gouging dealer, nothing never again from them because they will allways steal from me given an opportunity.
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Old 05-06-2013, 02:04 PM   #18
ATC399
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Quote:
Originally Posted by SCM_Crash View Post
My dealer has an allocation of 39 units on the first go-around. They're not marking them up. They're selling at MSRP. But they're also not going below MSRP.

Fair enough to me.
MSRP is too high...who pays MSRP
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Old 05-06-2013, 02:17 PM   #19
Glenmcp
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I respect anyone's decision on what they agree to pay. Not everyone is in the same position. What makes sense for one person may not for another based on personal opinion and financial issues. For example, if a person making $60,000 per year buys a C7 at MSRP of $52,000, that person spent 86% of a year's salary. A person making $200,000 a year who pays $57,000 ($5,000 over MSRP) spent 28% of a year's salary. Who is to judge if paying 86% of a year's salary is better than paying $5,000 over MSRP when it represents 28% of a year's salary.
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Old 05-06-2013, 02:33 PM   #20
DaveFerrari458
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It's really no one business if someone wants to pay over MSRP. For some it's about convenience and having it on the spot feeling....and they will pay extra for it if need be. Calling them stupid is very ignorant!
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Old 05-06-2013, 02:33 PM
 
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