teamgreen02 Posted October 18, 2021 Share Posted October 18, 2021 Apparently dealers are adding a "market adjustment" plus a bunch of mandatory options to drive up the price of the few vehicles they have on the lot. I'ma sit this one out. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted October 18, 2021 Share Posted October 18, 2021 3 minutes ago, teamgreen02 said: Apparently dealers are adding a "market adjustment" plus a bunch of mandatory options to drive up the price of the few vehicles they have on the lot. I'ma sit this one out. This is what smart people do. I'm in for only what I need to be in...and it's as little as possible. I honestly think when this thing let's loose, banks and dealers are gonna be flush with turn-ins of people that can't sell their underwater vehicles and their buyers remorse hits ludicris speed. 2 Quote Link to comment Share on other sites More sharing options...
Mag6240 Posted October 18, 2021 Share Posted October 18, 2021 (edited) I will still keep my eyes open for that good deal, I just don't have any expectations. Three sleds in the garage ready to go should, I say *should* get me through this winter! Edited October 18, 2021 by Mag6240 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Rigid1 Posted October 18, 2021 Platinum Contributing Member Share Posted October 18, 2021 37 minutes ago, Frostynuts said: How are you 100% sure about the dealer cost part ? I have heard car salesmen spewing that bullshit before, I go down the road another 20 miles, and buy it for 2 grand cheaper. The second dealer must really like me. Man, covid is making people even more stupid than they were before. Because I'm in the industry. Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted October 18, 2021 Share Posted October 18, 2021 1 minute ago, Zambroski said: This is what smart people do. I'm in for only what I need to be in...and it's as little as possible. I honestly think when this thing let's loose, banks and dealers are gonna be flush with turn-ins of people that can't sell their underwater vehicles and their buyers remorse hits ludicris speed. Same here. It's ridiculous at this point. Too much money chasing too few goods. It will all come crashing down sooner rather than later. Quote Link to comment Share on other sites More sharing options...
Gold Member 800renegaderider Posted October 18, 2021 Gold Member Share Posted October 18, 2021 23 minutes ago, teamgreen02 said: Apparently dealers are adding a "market adjustment" plus a bunch of mandatory options to drive up the price of the few vehicles they have on the lot. I'ma sit this one out. I said last week I looked at the new frontier the local dealer actually had one. They added a “low inventory” charge of something like that for 2k over msrp 1 Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted October 18, 2021 Share Posted October 18, 2021 4 minutes ago, 800renegaderider said: I said last week I looked at the new frontier the local dealer actually had one. They added a “low inventory” charge of something like that for 2k over msrp No problem, just finance it at 0% and use the bank's money. It's almost as bad as the student loan crisis. At least with vehicles we don't directly back the loan. We only bail out the company when they run out of new customers. Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted October 18, 2021 Share Posted October 18, 2021 26 minutes ago, 800renegaderider said: I said last week I looked at the new frontier the local dealer actually had one. They added a “low inventory” charge of something like that for 2k over msrp kia dealers doing that. coworker wanted to retire his 250k mile commuter car and pick up a forte. Said fuck it after seeing the 2k add on and is still driving a civic that will be lucky to pass inspection next year. He's also living in his buddies basement since he has not been bait to find a house since he sold his in July because of the market. Quote Link to comment Share on other sites More sharing options...
Frostynuts Posted October 18, 2021 Share Posted October 18, 2021 39 minutes ago, Rigid1 said: Because I'm in the industry. What industry is that ? Quote Link to comment Share on other sites More sharing options...
Gold Member 800renegaderider Posted October 18, 2021 Gold Member Share Posted October 18, 2021 42 minutes ago, teamgreen02 said: No problem, just finance it at 0% and use the bank's money. It's almost as bad as the student loan crisis. At least with vehicles we don't directly back the loan. We only bail out the company when they run out of new customers. I’m all set 😂 I was just checking out the new design in person. Perfectly happy with my old ass paid for beater 1 Quote Link to comment Share on other sites More sharing options...
Gold Member 800renegaderider Posted October 18, 2021 Gold Member Share Posted October 18, 2021 22 minutes ago, Angry ginger said: kia dealers doing that. coworker wanted to retire his 250k mile commuter car and pick up a forte. Said fuck it after seeing the 2k add on and is still driving a civic that will be lucky to pass inspection next year. He's also living in his buddies basement since he has not been bait to find a house since he sold his in July because of the market. Ya I’d keep living in the basement wait till it crashes Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted October 18, 2021 Share Posted October 18, 2021 (edited) 1 hour ago, teamgreen02 said: Apparently dealers are adding a "market adjustment" plus a bunch of mandatory options to drive up the price of the few vehicles they have on the lot. I'ma sit this one out. Fucking crooked bastards. Thankfully not all dealers are doing this. There’s one dealer in town that refuses to mark their stuff up. It’s not just dealers. It’s the stupid fucks that pay these ridiculous fees. The bronco is this decades PT Cruiser. Edited October 18, 2021 by ActionfigureJoe 1 Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted October 18, 2021 Share Posted October 18, 2021 13 minutes ago, 800renegaderider said: Ya I’d keep living in the basement wait till it crashes i don't see any crash coming anytime soon. I do feel we are topped out but there is no real opportunity to add inventory and NH is desirable. He's been looking for a decent multifamily as an investment and will live there a year to make it kosher then go buy a house. as long as it cash flows overpaying for the 4 family is better than overpaying for a single family. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Rigid1 Posted October 18, 2021 Platinum Contributing Member Share Posted October 18, 2021 1 hour ago, Frostynuts said: What industry is that ? Power equipment Quote Link to comment Share on other sites More sharing options...
Carlos Danger Posted October 18, 2021 Share Posted October 18, 2021 It's funny because back in the early 90s when I worked at a dealership the banks would not put out notes longer than 60 months as they did not feel comfortable enough with the longevity of the cars at the time. So maybe longer loan periods is a sign of better overall quality. Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted October 19, 2021 Share Posted October 19, 2021 22 hours ago, Carlos Danger said: It's funny because back in the early 90s when I worked at a dealership the banks would not put out notes longer than 60 months as they did not feel comfortable enough with the longevity of the cars at the time. So maybe longer loan periods is a sign of better overall quality. domestic car in the 80's was pretty much junkyard ready at 100k so that made sense. Quote Link to comment Share on other sites More sharing options...
Carlos Danger Posted October 19, 2021 Share Posted October 19, 2021 28 minutes ago, Angry ginger said: domestic car in the 80's was pretty much junkyard ready at 100k so that made sense. Yes but the jap cars ran fine past 100k they rotted away instead. Quote Link to comment Share on other sites More sharing options...
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