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AfternoonAfternoon.
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AfternoonAfternoon.
Yeah it's been a busy week. Was in the field all day today. Never went to my office. I think 4 or 5 sites.It’s Friday
Mild for the PNW ^. I know some areas in the east have had some crazy hot weather.
“Unexpected family stuff”. Also recently got rid of ‘23 Type R and a ‘22 Ram TRX…
I skimmed the comments earlier, but it looked like the seller was getting a lot of hate for “flipping” cars from a number of users. Maybe he puts deposits down on a bunch of cars and just tries to make money from flipping them? Carsandbids is free to the sellers, so it costs him nothing to list and sell there.“Unexpected family stuff”. Also recently got rid of ‘23 Type R and a ‘22 Ram TRX…
Who affords so many high priced new cars in a short period of time?
A lot of dealers are doing this to make extra money selling a car and get around manufacturers putting pressure on dealers to get rid of the dealer markups and 'market adjustments' that have been rampant as of late.Starting to see this happen more. I wonder what’s the reason for this is. Two nearby as well as the IS500.
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I think this happens a lot in Canada because dealers can't legally mark them up when new. I could be wrong.A lot of dealers are doing this to make extra money selling a car and get around manufacturers putting pressure on dealers to get rid of the dealer markups and 'market adjustments' that have been rampant as of late.
Basically, goes like this:
1) dealer sells a highly desirable car to an individual at MSRP.
2) almost immediately, they buy the car back at something slightly below MSRP (since it is now used) and sell the first individual a less desirable car for a very good deal.
3) dealer places the highly desirable car back on the lot as 'used' but like new (since it has some super low miles on it) but at a huge markup (market adjustment) and the manufacturers can't really say anything as the car is now 'used' so it falls under a separate category.
Seen that. The used Corolla GR was double the price. The used Supras, RS3, etc. are crazy.A lot of dealers are doing this to make extra money selling a car and get around manufacturers putting pressure on dealers to get rid of the dealer markups and 'market adjustments' that have been rampant as of late.
Basically, goes like this:
1) dealer sells a highly desirable car to an individual at MSRP.
2) almost immediately, they buy the car back at something slightly below MSRP (since it is now used) and sell the first individual a less desirable car for a very good deal.
3) dealer places the highly desirable car back on the lot as 'used' but like new (since it has some super low miles on it) but at a huge markup (market adjustment) and the manufacturers can't really say anything as the car is now 'used' so it falls under a separate category.