Another Price Gouging Dealer

[Cristoff]

Originally Posted by gblaue

My wife and I stopped in Herb Connolly Chevrolet in Framingham, MA today. They had a black ZL1 in stock. They are adding $5k to the sticker. They offer me $24k for my 10 2SS, which is in damn near showroom condition. The car has never seen snow, seen rain only a couple of times, and kept in a heated garage. it gets professionally detail at least twice a year, which leads to the best part...... Hold on for this one...... They were going to deduct $1000 for reconditioning my car! WTF? Has anybody else ever had dealings with a dealership that had the audacity to try this?

How many miles are on the 10 2SS?

Even in the BEST condition, our dealership spends between $1,500.00 and $2,000.00 in reconditioning before it hits the front line. I don't advocate mark-ups or the dealers that do, but for a 2010 I don't think they hit you that low on your trade.

Audacity? that's a bit dramatic. If you don't like the trade in value (and MOST people don't) sell it on your own. You are virtually guaranteed more money on the private market.

The dealership isn't looking at your "baby" with the same sentimental value that you are. The fact that it has never seen rain or snow really doesn't matter on trade in value anymore with the anti-corrosion advancements in the past 25 years or so. You love your car, but to the dealership, it's just a car - no matter how well you have taken care of it.

[htron50]

Originally Posted by Cristoff

How many miles are on the 10 2SS?

Even in the BEST condition, our dealership spends between $1,500.00 and $2,000.00 in reconditioning before it hits the front line. I don't advocate mark-ups or the dealers that do, but for a 2010 I don't think they hit you that low on your trade.

Audacity? that's a bit dramatic. If you don't like the trade in value (and MOST people don't) sell it on your own. You are virtually guaranteed more money on the private market.

The dealership isn't looking at your "baby" with the same sentimental value that you are. The fact that it has never seen rain or snow really doesn't matter on trade in value anymore with the anti-corrosion advancements in the past 25 years or so. You love your car, but to the dealership, it's just a car - no matter how well you have taken care of it.

It's INVENTORY! I agree with you. I'm not sure how good the market it right now, but about 6 months ago the "used" car market was valuing used cars pretty high! I'd put your car in Auto Trader, Ebay Online, and I have found the LOCAL paper is a pretty good spot these days. The majority of sellers are NOT using the local primary paper anymore, so your car ends up with less competition. I've tried this method recently and was pretty pleased with the calls I got from the local paper as compared to the Auto Trader route.

Good luck!

[Cully77]

The dealership I go to doesn't mark up above MSRP. They sell their zr-1's at MSRP!

[b4z]

Originally Posted by Cully77

The dealership I go to doesn't mark up above MSRP. They sell their zr-1's at MSRP!

It's not unusual to see ZR1s at $15k off MSRP at the end of the model year.

[The Ratchet]

I don't think adding $5k to the sticker is price gouging. If I owned that dealership and only had say one ZL1 at the moment I'd mark it up to. It's simple economics. Supply and demand. It doesn't matter if it's a car, a boat, a motorcycle, a house, etc.

If you have something, that is in short supply, and that a lot of people want (and/or is super new or cool) you have the right in a free market economy to charge whatever the hell you want for it.

And with some items, dealers do this to prevent early buyers from simply flipping the item themselves and making the profit. Certain high end cars aren't even available for sale at first, and offered on a lease-only basis for the first year to prevent anyone from taking title to the car and selling it at massive markup/profit. Certain Ferrari's are like this.

So, it comes to - do you want one, and do you want it now? If so, there's a price to be paid. If you want one and can wait, order one. You still might be forced to pay sticker. Or you can not own one at all.

[Rcfiddy1]

Wait a few months and you will see them sitting on lots just like in 2010.

[Cully77]

Originally Posted by b4z

It's not unusual to see ZR1s at $15k off MSRP at the end of the model year.

truth, a lot more wiggle room on those.

But I should have mentioned they were selling them at MSRP when they first came out, they were one of the first dealerships in the midwest to receive allocations because theyre one of the top selling vette dealers in the country. And i'm sure you recall how much over MSRP those were going when nobody could get their hands on them.

[gblaue]

Originally Posted by Cristoff

How many miles are on the 10 2SS?

Even in the BEST condition, our dealership spends between $1,500.00 and $2,000.00 in reconditioning before it hits the front line. I don't advocate mark-ups or the dealers that do, but for a 2010 I don't think they hit you that low on your trade.

Audacity? that's a bit dramatic. If you don't like the trade in value (and MOST people don't) sell it on your own. You are virtually guaranteed more money on the private market.

The dealership isn't looking at your "baby" with the same sentimental value that you are. The fact that it has never seen rain or snow really doesn't matter on trade in value anymore with the anti-corrosion advancements in the past 25 years or so. You love your car, but to the dealership, it's just a car - no matter how well you have taken care of it.

$1500-2000? Really? I can assure you, you wouldn't last long running a dealership on the east coast. The car needs absolutely nothing, except removing the finger prints off the steering wheel from whoever moves it on the lot. I put new tire, rotors, and pads last..

Audacity, yes. If a dealer goes out of it's way to charge a fee to a customer for something that is the cost of them doing business, pound sand. Especially, when it's an $9/hour car cleaner spending 20 minutes cleaning a car. Next they will add 20 cents per square of toilet paper that I used in their bathroom.

I have no great sentimental attachment to the car. It's one of my three, but that's the way I take care of my cars. If condition didn't matter, NADA, Edmunds, and KBB would use vehicle condition as a value factor.

I've already been offered $28k for the car, I'm just tired of waiting for the allocation since December.

I'm not taking an auction value for a car that will go straight to the line, from a rip off stealership.

[SRT8Tech]

Originally Posted by Rcfiddy1

Wait a few months and you will see them sitting on lots just like in 2010.

They already are sitting on the lots. There are 2 sitting on the lot where im at and they are at MSRP......They have been there for a few weeks.

[b4z]

Originally Posted by Cully77

truth, a lot more wiggle room on those.

But I should have mentioned they were selling them at MSRP when they first came out, they were one of the first dealerships in the midwest to receive allocations because theyre one of the top selling vette dealers in the country. And i'm sure you recall how much over MSRP those were going when nobody could get their hands on them.

Gotcha. Unfortunately there is not much wiggle room on the Camaro. Only $750 on the v6base cars, $1500 on the SSs. Not sure what the ZL1 s are, prolly less than $3k.

[KLR ZL1]

Back in November I was told by my dealer that trade in for 2010 2SS/RS was 28-29k. By February it was down to 26k. I had put mine up for sale in December and started at 34.5k and ended up selling at 29k. I also continued to watch what 2010s were selling for and I adjusted my price accordingly. But I do think that 24k is very low. If it is as clean as you say, you could easily sell it for 28-30k. I had a lot of upgrades on mine and basically did not get anything back on them. If you have mods you might sell them separately or see if they will go on the ZL1. I took all of my Showstoppers engine compartment covers off to put on my ZL1 that I will be getting in the next couple of days. Do some research and find out what comparable cars are selling for before you go talk to another dealer. Another thing you have to also look at is if you trade in, the taxes that you will save. You need to know your absolute bottom line on your car.

[gblaue]

Originally Posted by KLR ZL1

Back in November I was told by my dealer that trade in for 2010 2SS/RS was 28-29k. By February it was down to 26k. I had put mine up for sale in December and started at 34.5k and ended up selling at 29k. I also continued to watch what 2010s were selling for and I adjusted my price accordingly. But I do think that 24k is very low. If it is as clean as you say, you could easily sell it for 28-30k. I had a lot of upgrades on mine and basically did not get anything back on them. If you have mods you might sell them separately or see if they will go on the ZL1. I took all of my Showstoppers engine compartment covers off to put on my ZL1 that I will be getting in the next couple of days. Do some research and find out what comparable cars are selling for before you go talk to another dealer. Another thing you have to also look at is if you trade in, the taxes that you will save. You need to know your absolute bottom line on your car.

I spoke with the dealer, that I have my order with last week, he is still at $28k. $26-28K seems to be the average number here on the east coast.

Mine is completely stock, except for expel headlight/foglight protectors, an invisible bra, window tint, and side gill stickers. I also had the calipers powder coated black, because the aluminum was leaching through the "paint" and GM would not cover it under warranty.

[upheval]

I dont know why any of you guys would pay over sticker?!?! I was autotrader.com and I see new ZL1's for 57-58k (once you get past the oversticker ones). You would have to factor in the price of a plane ticket depending on where the dealer was, but what a drive home that would be!!

[CAM....ZL1]

Originally Posted by upheval

I dont know why any of you guys would pay over sticker?!?! I was autotrader.com and I see new ZL1's for 57-58k (once you get past the oversticker ones). You would have to factor in the price of a plane ticket depending on where the dealer was, but what a drive home that would be!!

Better call those dealers first as they post sticker, but when you inquire
they want over MSRP