[TXCSSU]

Originally Posted by FarmerFran

You are all going to fallout of your chairs on this one...


My car exatly as it is 2021 as a 2022 is over 3000 more. Exact same car.

Well that's an easy one, your car is shaped like a brick and everyone knows the price of home building supplies has gone up.

Originally Posted by red6.2

sorry to say this, but these are the new car prices. I'm talking about the price gouging along with the car. If your lucky, you might get 1k off their markup, but the car manufacturing business is screwed for another 2 years. 6gen Camaro has just a year for production otherwise. Remember 2020, well we are now in 2022 and we have all witness this inflation. Ive talked to many people who have lived through decades with inflation and they told me this. Its the new, new! go to Burger King and an order a meal, see how much they are charging now. If you really want a camaro I suggest picking one up when you see and at least put in the effort looking for one.

What's sad is that we're seeing inflation, but some of the largest companies that have decided to raise prices are seeing some record profits. I personally think that they're inflating the cost of goods because they see employees starting to ask for more money. What better way to offset the cost of wages than by raising the price of goods? I know one thing, I'm having to ask for more money from my employer in an attempt to keep up with the cost of living, which is kind of sad.

[FarmerFran]

The even funnier thing 3 months ago my car was 1000 over now it is 1000s under. So they are starting to play both sides of the game again.

[GearheadSS]

Dealers can survive these times by selling at MSRP. Selling at over MSRP is pure greed.

[95 imp]

Originally Posted by TXCSSU

What's sad is that we're seeing inflation, but some of the largest companies that have decided to raise prices are seeing some record profits. I personally think that they're inflating the cost of goods because they see employees starting to ask for more money. What better way to offset the cost of wages than by raising the price of goods? I know one thing, I'm having to ask for more money from my employer in an attempt to keep up with the cost of living, which is kind of sad.

That is a business necessity unfortunately. The only one that wins this game is the government.

You make more money, and your payroll taxes go up. Your employer's payroll taxes go up. That means the costs of goods go up.

As the prices rise at the retail level, you pay more for the goods. And guess what, sales tax is based on the register price, so more sales tax is collected.

In the meantime, a business has to cover the extra cost of labor, taxes, goods, and fuel. That means their prices must go up.

Now, all those people that got raises are actually losing ground (hence why you need a raise).

Just because a person, or company, is making more money doesn't mean they are making more "profit". You can see this in your own pocket book.

[TXCSSU]

Originally Posted by 95 imp

That is a business necessity unfortunately. The only one that wins this game is the government.

You make more money, and your payroll taxes go up. Your employer's payroll taxes go up. That means the costs of goods go up.

As the prices rise at the retail level, you pay more for the goods. And guess what, sales tax is based on the register price, so more sales tax is collected.

In the meantime, a business has to cover the extra cost of labor, taxes, goods, and fuel. That means their prices must go up.

Now, all those people that got raises are actually losing ground (hence why you need a raise).

Just because a person, or company, is making more money doesn't mean they are making more "profit". You can see this in your own pocket book.

Companies are pocketing their fattest profits in more than 70 years, even as they complain about inflation

[laynlo15]

I wouldn't pay above sticker for any car but I know many have. I guess I found the right deal when I bought mine. My 2022 Lt1 listed for 39600 something. I ended up buying it with my $500 Military and an addition $2300 off from the dealer so about 2800 total with dealer including the $199 dealer fee which is pretty low by todays standards. I tried to buy a 2022 Tahoe also from another dealer in St Louis, Mo. Once I told them my zip code (Missouri Zip Code) that wasn't in the area they added 5k on to the sticker. I told them to basically stick up their ass. You'll never get your money back paying over sticker. Never have and never will, this Camaro is my 79th vehicle in my 54 years of driving. I do have a new 2022 Ltz loaded refreshed Silverado ordered with the 3.0 diesel. Unless GM has some incentives, I will have to pay a little under retail for this one. Should be built on 3/14 but I'm doubting that will happen. I might get it by June but who the hell knows right now. If not I'm good with my 2021 Ltz. No biggie.

[Coded4SS]

Originally Posted by TXCSSU

Well that's an easy one, your car is shaped like a brick and everyone knows the price of home building supplies has gone up.




What's sad is that we're seeing inflation, but some of the largest companies that have decided to raise prices are seeing some record profits. I personally think that they're inflating the cost of goods because they see employees starting to ask for more money. What better way to offset the cost of wages than by raising the price of goods? I know one thing, I'm having to ask for more money from my employer in an attempt to keep up with the cost of living, which is kind of sad.

the prices of material used to make the car has gone up.
i suppose in this theory in-n-out wouldn't have maintained the same prices for years they are paying people $15 hour now adays and stayed the same price. People deserve more income. Company's are netting record profits.

[95 imp]

Originally Posted by TXCSSU

Companies are pocketing their fattest profits in more than 70 years, even as they complain about inflation

The Interwebz said it so it must be true....

Ecomonics and common sense be damned.

[GOC]

Originally Posted by mRahmani

Buyer impatience is a big part of the problem. Dealers are marking up cars because people are paying the markup.

I don’t need a Camaro, I want one, but I’m not paying over MSRP for it. If that means waiting another year oh well.

Exactly. You don’t have to buy anything. If you don’t get the deal you want walk away.

Want and need are two very different things.

[GOC]

Originally Posted by TXCSSU

Now apply that indifference from the dealership's perspective, "I don't care if Joe Blow can't afford to pay the $10K markup that I put on this vehicle" and then we can understand the current market conditions.

From the dealers side that is more opportunistic trading rather than indifference. They can and will take advantage of supply issues.

From a buyers side - if they can’t afford to buy it, mark up or not, they shouldn’t.

[TXCSSU]

Originally Posted by 95 imp

The Interwebz said it so it must be true....

Ecomonics and common sense be damned.

So these companies AREN'T making record profits? Where are you getting your information?

[beckington]

I'm a "pigs get fat and hogs get slaughtered" kind of guy. I don't believe that dealers should charge over MSRP, but if someone is willing to pay it? Whatever.

However, what is the difference between a customer asking "fair market price" for their vehicle and a dealer? It seems that it's "greed" when a dealership does it, but "market value" when a private party does it.

Nobody seems to have a moral issue or consider themselves greedy when selling their vehicle to Carvana for $10,000 more than they paid for it or $5,000 over MSRP.

Full disclosure: I paid $12,000 under sticker for my 2018 ZLE when I bought it new. I sold it for $4,000 more than I paid for it two years later. I bought a new RS6 Avant for just under MSRP last year. I sold it for $10,000 more than I paid for it a couple months ago. I paid over sticker for a Ram TRX and by the time I get rid of it, who knows?

I'm looking at buying another ZLE and I'm fully prepared to pay $4,000-$5,000 more for the same car I just got rid of, a year ago. The market is BONKERS still and will continue to be for atleast a year.

[TXCSSU]

Originally Posted by GOC

From the dealers side that is more opportunistic trading rather than indifference. They can and will take advantage of supply issues.

From a buyers side - if they can’t afford to buy it, mark up or not, they shouldn’t.

Opportunity is a component of Capitalism isn't it? I still think that a dealer should be able to mark up the price to whatever they want. But as consumers, we should also have the right to remember when these dealerships marked up their cars. If enough people felt the same way, then the dealership would go under once supply returned to normal.

[raptor5244]

Originally Posted by TXCSSU

Opportunity is a component of Capitalism isn't it? I still think that a dealer should be able to mark up the price to whatever they want. But as consumers, we should also have the right to remember when these dealerships marked up their cars. If enough people felt the same way, then the dealership would go under once supply returned to normal.

A few of the dealers in my area sell at MSRP but they are the dealers that are larger and do more volume and also banking on repeat business when this chaos settles down. I see some of the smaller dealers already packing it in a selling off to the larger dealers.