Forum Discussion
Thermoguy
Apr 02, 2022Explorer II
Wade44 wrote:BurbMan wrote:
Michigander, Dave Kring Chevy over in Petosky, MI has both an LS and an LT in stock on the lot.
At most dealers today when you see popular new vehicles still "in stock" what that means is that they are asking and holding out for some ridiculous price, which they know they will ultimately get from some sucker. They are probably calling it something like a "market surcharge". I can find a fair amount of GM3500's or Ford F250/350's in stock here in Ohio but only if your willing to go $5K on top of sticker.
Even that depends on the dealer. I recently had to service my truck and the dealer wanted to give me an "appraisal" I thought, what the heck, everything is up right now might as well check it out. First, they lowballed my trade in, $5-$10K under KBB. Then they told me ordering a truck, their standard is $5K over MSRP depending on the vehicle, some are more. It's all about profit. They aren't selling as many trucks, so need to make more profit on everything they sell.
We also talked about the supply issue. He was pretty confident that "ordering" a truck and waiting for it to be built and shipped to the dealer is the new norm. They can get a premium for every vehicle and clients are willing to wait. Anything they order and the deal falls through, having them on the lot, the premium goes up, people are willing to pay even more for instant delivery.
I have issues with all of this. Mostly, I want to check out the truck, drive it, inspect it for damage or whatever, then deal on the price. Starting at a premium over MSRP doesn't work for me. We all know the dealer is making a large profit at MSRP and that service keeps the doors open. So, adding a premium just to make a higher profit is a bad business model and doesn't deserve my business. Vehicles are already way over priced for what you get. Paying $85K-$90K for a diesel truck is outrageous. I feel bad for our Canadian friends. What's going to be the price of a truck in 5-10 years - are we all willing to pay $150K for the same truck your driving now? I don't know about the rest of you but I'm not making any more money, the company I work for doesn't give raises and in this uncertain economy isn't doing anything for their employees to offset inflation.
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