Some Dealer Info.....

[aldaron327]

Originally Posted by Ming

Compare a Wii to a Car? Seen the price difference those lately?

ROFL! I was thinking the same thing, Ming.

[MattG]

Originally Posted by KarlChev

Hidden mark ups? Why is the dealer the bad guy? I didn't know that there was anything wrong with trying to make money.

I guess all the people that sold Wii's and Xbox360's on ebay are the devil too? If you are going to be mad at anyone, be mad at the people who can afford to pay a premium for a premium vehicle.

Dunk hit it on the head. No one said the dealer is the 'bad guy' or 'the devil'. But just as the dealer wants to make money, we want to save money.

If GM told your dealership that they now sell cars to distributors instead of directly to dealerships and one distributor sold you the cars at $50 over invoice and one dealership told you that you'd get the cars at $5000 over invoice, which would the dealership choose? We're just doing the exact same thing that a dealership would.

I'm sure you'll find people who will pay the $5k premium, but don't expect to be treated like a hero when you try to justify it with 'supply and demand' and 'the dealership just wants to make money'. Consumers vote with our dollars. The people who don't know any better or who have money to spare will pay a premium -- the smart consumers won't.

[LadiesMan217]

If I walked into a dealership and saw a "Market Value" add-on...I'd say to the salesman, "I can see we are already on WAY different wavelengths, Have a nice day." Then, drive up and honk the horn with the $5000 in my pocket

(I did this actually)

I previously owned a 350Z. The first dealership I went to wouldn't even let me test drive it unless I signed a paper stating that I would purchase.

I laughed at him, went down the street...bought one on the spot after my test drive and drove back the next day (he was standing outside...in the same spot he was the previous day) and said, "Maybe the test drive wouldn't have been a bad idea afterall?"

[Urthman]

If you don't want to pay a dealer's mark up go somewhere else. When I bought my G8 GT in April I paid a $1500 mark up on it. I wanted the vehicle, they had the only one in the color I wanted in the area with the exception of one dealer that had a $8,000 mark up on theirs.

I don't feel like I was ripped off at all. The G8 GT is a "limited availability" vehicle for it's first year, and I love it, so I paid it. No problem.

HOWEVER...I would NOT have paid a mark up of $5k.

[Ming]

Originally Posted by Urthman

If you don't want to pay a dealer's mark up go somewhere else.

I think the general consensus is that, we will!

[Garrett114]

The dealership I work at is in the top 20 in the country. We do not charge over sticker for anything including the 5 ZR-1's we have sold. We do not have hidden fees are prep charges. This is how a dealership should work. My dealership is not in a big town and stays in the top ten dealerships in the country alot because of this fact.

[B2E2RUN]

Originally Posted by Garrett114

The dealership I work at is in the top 20 in the country. We do not charge over sticker for anything including the 5 ZR-1's we have sold. We do not have hidden fees are prep charges. This is how a dealership should work. My dealership is not in a big town and stays in the top ten dealerships in the country alot because of this fact.

10 or 20?! LOL

[Dunk31]

I believe we're all here for several reasons. The love of the Camaro, to meet other fans of the Camaro, to share what we know/believe about the Camaro, but also because we are smart consumers. I think that we as a whole have shown to communicate well enough with each other that when we find a dealership not putting a premium price on their vehicles (limited supply vehicles included, hint hint) that these dealerships will be the ones floating around the threads. Everyone will be praising these dealerships and promoting them. They will be the one's receiving our repeat business. Those paying, say 5k over invoice/MSRP whatever will be the one's pissed off and looking for a new dealership to take their buisness to the next time they decide to make a new car purchase. And guess where they'll go... Like I said we communicate well enough that they'll know who's happy with what they spent and who's not. IMHO

-DUNK-

[theholycow]

Originally Posted by Dunk31

I believe we're all here for several reasons. The love of the Camaro, to meet other fans of the Camaro, to share what we know/believe about the Camaro, but also because we are smart consumers.

I'm just here for the free donuts.

[GothamCamaro]

Originally Posted by theholycow

I'm just here for the free donuts.

Darn it! I always miss the free donuts when I come here!

[KarlChev]

Wow, this thread has taken a major turn in the wrong direction.

The dealership that I work at has built its reputation by making sure that we take care of our customers. We are a top 10 Chevy dealer, and have led the Nation the last 3 years in pre-owned GM Certified vehicles sold. That doesn't happen by accident. Yes people do spend more money at times to do business here, but they know our reputation and know that they will be very well taken care of. We have over 2000 vehicles on 32 acres. Our owner just received a key to the city. We are far from the enemy.

Bottom line is this: V6 and "normal" V8's will not be sold for over sticker. I have no concrete information about what type of market adjustment would be made, if any, on limited availablilty (don't even know if there will be anything). I do know that when we have had limited edition vehicles (Indy Pace Cars, 427 badged Z06, and ZR1's) that we have "asked" for more than MSRP. Do we always get it? NO! Is there anything wrong with asking for it? Not in my opinion.

As far as allotments go. If we are allotted 50, and we have a list of 75, then the 1st 50 people with deposits have the 1st shot to buy a vehicle. I don't see how there is anything wrong with that.

[LadiesMan217]

Originally Posted by KarlChev

Wow, this thread has taken a major turn in the wrong direction.

The dealership that I work at has built its reputation by making sure that we take care of our customers. We are a top 10 Chevy dealer, and have led the Nation the last 3 years in pre-owned GM Certified vehicles sold. That doesn't happen by accident. Yes people do spend more money at times to do business here, but they know our reputation and know that they will be very well taken care of. We have over 2000 vehicles on 32 acres. Our owner just received a key to the city. We are far from the enemy.

Bottom line is this: V6 and "normal" V8's will not be sold for over sticker. I have no concrete information about what type of market adjustment would be made, if any, on limited availablilty (don't even know if there will be anything). I do know that when we have had limited edition vehicles (Indy Pace Cars, 427 badged Z06, and ZR1's) that we have "asked" for more than MSRP. Do we always get it? NO! Is there anything wrong with asking for it? Not in my opinion.

As far as allotments go. If we are allotted 50, and we have a list of 75, then the 1st 50 people with deposits have the 1st shot to buy a vehicle. I don't see how there is anything wrong with that.

Because #51 figures they don't have to look anymore. It's a waste of that person's time.

Also, taking a deposit for a vehicle that you don't have seems like you're selling on a chance. How about this...you give me $1000...for a Lamborghini. When it comes in, I'll call you. If it never comes in, now I have your $1000 when you could've had it in the bank collecting the interest or taking it somewhere else that actually HAS the vehicle in house.

Why not just take an email address or information from everybody that comes in asking...when you find out how many you are being allocated...call the first people that came in. If they've decided against the purchase...move on to the next person.

I just don't understand the need to "hold money" when you don't even know if you'll get the product to begin with.

[fastball]

I think we can all agree the Camaro is being reborn under some murky skies. GM stock is at a record low, there's talk about divisions merging/closing/selling, oil prices, and meeting CAFE in the future. If dealers all over, every single one of the over 4,000 Chevy dealers in the country, wanted to help GM, help us, and help everyone else ensure the solid foundation for a long life for Camaro, sales must be strong. Slapping a markup - ANY markup - on ANY Camaro, no matter how limited it's production may be, only slows the sales. While the dealer will wait untill someone is willing to pay the exhorbitant fees (a penny over MSRP is exhorbitant), they could have sold that same Camaro for sticker or under to numerous people who decided they won't pay and feel it's not worth the hassle to get it under MSRP.

We ALL want the Camaro to survive healthy for years to come, and not be just a one or two generation model and be finished again.

Could some of you dealers just put that in to perspective and think is it really worth the hassle, negative feedback, and slower sales that comes with holding out for a few extra bucks in your pocket?

[CamaroScotty]

I never said mark up.