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Old 11-16-2021, 08:33 AM   #29
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Quote:
Originally Posted by Jaxcam02 View Post
Yea, I am waiting to buy a new truck until a few months after the chip supply has returned to normal. Your best bet if you want something now is going to be buying used.
It'll be more than a few months.
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Old 11-16-2021, 08:41 AM   #30
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Dealers that taking advantage of the situation will be the ones most hurt when direct from the manufacturer to customer orders become a thing. Dealers have the benefit of rolling out the red carpet for buyers and the service department. These are two key points that should be evaluated and maximized to retain customers long term. The ones that don't have no one to blame but the person in their mirror.
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Old 11-16-2021, 09:07 AM   #31
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Originally Posted by GearheadSS View Post
It'll be more than a few months.

Everything i am hearing in circles is through 2022 and into 2023. It is bad.
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Old 11-16-2021, 09:17 AM   #32
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Quote:
Originally Posted by Jaxcam02 View Post
Yea, I am waiting to buy a new truck until a few months after the chip supply has returned to normal. Your best bet if you want something now is going to be buying used.
Umm, no. That is actually far worse advice than recommending someone to purchase new right now. A fair majority of the used market are selling for close to their original MSRP's, often higher. The best chance of achieving a decent deal is to place a factory order with a dealer who is willing to work with you a bit.
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Old 11-16-2021, 09:18 AM   #33
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Originally Posted by GearheadSS View Post
It'll be more than a few months.
I agree, I don't see things blowing over up into next summer. I wouldn't be surprised if we aren't at rock bottom (right now; it could get worse going into this winter). This game isn't over.
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Old 11-16-2021, 10:19 AM   #34
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Just throwing my 2 cents in: if you are not trading in a vehicle that has an inflated trade-in value for a new one right now, you should not be buying a car. The only exception I can see to this is if you want a new car and the model is being discontinued before prices correct themselves or changes in the design of the vehicle in the near future force your hand to buy one now or never have a chance to have the older design.

Also, as many others have pointed out. You can get new Camaros at MSRP right now. If you paid more than MSRP, you were either impatient, lazy, or both.
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Old 11-16-2021, 11:06 AM   #35
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He is marking up his cars also. He has a video stating so. But if you order i believe no mark up.
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Dave B (Dave B sells Chevy on Youtube)
Schumacher Chevrolet of Livingston
606 W Mount Pleasant Ave, Livingston, New Jersey 07039

I believe ordered cars are at sticker minus incentives.

Not affiliated, just watch his videos...
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Old 11-16-2021, 02:09 PM   #36
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Consumers are desperate, dealers have limited inventory. But I would not pay 1 penny over window sticker ever. You may have to travel as some dealers are doing these insane mark ups.
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Old 11-16-2021, 02:49 PM   #37
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The first Camaro I had on order right before the first chip shortage shutdown I went in and had a written deal in place when the order went in. I wasn't going to get caught in an ADM trap or surcharge etc etc
Ended up getting out of it any way and going with Joe in Detroit.
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Old 11-16-2021, 02:56 PM   #38
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Just read an article that gm will be shipping many of the '22 models (not Camaro's) without heated seats and steering wheels simply to get them out to the dealers due to the chip shortage. That's how bad it's getting for them. I would never buy a new vehicle that has a leather interior that did not have heated/ventilated seats.
While I am sure we all know it's not just GM that is dealing with the chip shortage my brother-in-law had his ordered BMW X5 arrive without the wireless charger add-on due to chip shortage. The BMW dealer did not mention this to them when they picked the vehicle up. The cost of the wireless charging was removed from their order... still sucks though that when you order something specific they had to cut it out because of the shortage.
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Old 11-16-2021, 08:15 PM   #39
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Originally Posted by KenMaro View Post
While I am sure we all know it's not just GM that is dealing with the chip shortage my brother-in-law had his ordered BMW X5 arrive without the wireless charger add-on due to chip shortage. The BMW dealer did not mention this to them when they picked the vehicle up. The cost of the wireless charging was removed from their order... still sucks though that when you order something specific they had to cut it out because of the shortage.
Lots of talk on the Tesla forums about this as well. Folks are taking delivery only to find out their vehicles have no USB ports or wireless charger installed. No one even mentions it. Tesla tech says they can add it at a later point but they have to rip apart the dash to add harness and power, etc. crazy...
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Old 11-16-2021, 09:27 PM   #40
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The dealer markup is unfortunately the norm right now. I just had to turn in a MB GLC300 off lease. I wasn't about to sign a new lease and get locked in to an absurdly high monthly cost, so decided to purchase. Shopped around at Audi, MB & Cadillac. All were advertising a $5k markup and when negotiating, the markup ended up being $2k.

I ended up finagling MSRP on another MB, but it was quite the hassle and we had to get creative. They charged me a $1500 markup on the new car, but since I had a lease I was turning in, they gave me $2k in equity on the lease, so I ended up paying $500 under MSRP. But that was a unique situation. If I went with Audi or Caddy, I'm confident I would've had to pay a markup.
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Old 11-17-2021, 12:11 AM   #41
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Quote:
Originally Posted by RamAir02 View Post
The dealer markup is unfortunately the norm right now. I just had to turn in a MB GLC300 off lease. I wasn't about to sign a new lease and get locked in to an absurdly high monthly cost, so decided to purchase. Shopped around at Audi, MB & Cadillac. All were advertising a $5k markup and when negotiating, the markup ended up being $2k.

I ended up finagling MSRP on another MB, but it was quite the hassle and we had to get creative. They charged me a $1500 markup on the new car, but since I had a lease I was turning in, they gave me $2k in equity on the lease, so I ended up paying $500 under MSRP. But that was a unique situation. If I went with Audi or Caddy, I'm confident I would've had to pay a markup.

If you have a car being turned in from a lease currently, one of the best approaches to take is to get a quote from either another dealer what they are willing to buy the car for or get a carmax quote just to gauge what they would pay.

I had a friend who instead of turning in a lease, had carmax buy the car for the buyout price + offer 10k cash directly.
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Old 11-17-2021, 10:10 AM   #42
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Unless you are absolutely desperate to buy a Camaro you would have to be a fool to pay any kind of a surcharge over sticker.
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