Quote:
Originally Posted by CamaroSSStlfan
The dealers around here where I bought my Camaro lets you return it within a few days for a car of similar value.
I was using the example if Carmax was a new car dealer and used that same mentality and prices their new car higher than any other dealers and allowed no haggle.
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If you want to know how "no haggle pricing" works with new cars, look to GM's Saturn as the benchmark. Their sales volume, for ALL models, was never more than a few hundred thousand per year. The premise was great, but the "no haggle price" was MSRP and comparable to any other car in the GM brand in terms of margin and such. In other words, it essentially boiled down to "you're going to overpay exactly as much as the next person" for any car on their lot.
Some new car dealers are currently operating in a manner similar to Carvana / Carmax in that they will sell you the car "delivered" but you will pay a fair amount more than if you were to go pick it up.