I was also quite surprised that Mike Heninger was CC'ed in the email.
I was also quite surprised that Mike Heninger was CC'ed in the email.
I’m sure Mike Heninger totally checks the emails in that account.
They'll need to come up with a new acronym soon, like OMRSP, which is the original set MSRP :rofl:
The only real solution is to not participate in this ridiculous market if you can avoid it. I'd like to replace one, maybe two of my vehicles right now but there's no way I'm paying these asinine prices / fees / whatever.
+Rep^
It just depends on the relationship you have with your dealer. If all your historical purchases are working the dealers against each other to get the best price, probably a bad time to buy or trade up. Lots of us traded up this year, repeat customers at the same dealers, getting new car at normal prices, and getting silly money for their trade ins. Wouldn't say free upgrade, but definitely cheap upgrades right now. I did pretty damn good on 2 car swaps this year.
I'm predicting the upgrade game won't be as lucrative next year tho. There's no way manufacture's aren't going to get a bigger piece of the pie, MSRPs, invoice, all going up.
Normally when I replace my truck I buy something 1 - 3 years old, extra low KMs, top level trims and pay cash at roughly 40% discount from sticker. Right now a 2 year old Ram Laramie or equivalent is asking what sticker price was 2 years ago. Piss...right...off. LOL. I'll keep rollin' my old & busted until the world calms down.
Ya if your upgrade route is buying used, you’re hooped haha.
By a long time. I mean several years, if not longer.
Used pickup trucks have been priced irrationally forever.
I bought 2 cars this year for what I think were reasonable prices. That’s my anecdotal data point.
Check the lamentations in my various "tow rig" threads for used truck price discussion.
It's a great time to upgrade, as there's a perfect storm if you can avoid some of the dealer shenanigans. I agree that there is an impending increase in MSRP in the coming years, but I expect it will likely be another good opportunity to upgrade again as used prices will continue to be buoyed by increased new car pricing.
People are quick to forget what the S in MSRP stands for :rofl:
People think it’s set and not suggested lol. Sell for higher than msrp and it’s gouging. Increase msrp and it’s all of a sudden ok. In the end it’s the exact same outcome to the consumer.
I kind of feel bad for dealerships. With a lot less cars to sell, what can they do? Increasing margins, they’re the bad guys. Not increasing margins, they can’t cover costs. It’s fucked.
When you win you are the oppressor, when you lose you are the victim. Pick one, that seems to be how it work nowadays.
That's because over the decades paying MSRP usually meant you got a bad deal as it's expected that either via haggling or incentives that you should pay less than MSRP. I would expect that 99.9999% of new vehicle sales over for the decades in North America have been at MSRP or below as ADM has always been restricted to low volume specialty vehicles. This is simply not what consumers have been accustomed to because nobody likes to pay more than what the manufacturer suggests their goods are worth.
people get all pissy when they cant buy at "invoice" and dont get their trade at retail.... People like Mitsu6900 wont be able to buy right now cause dealers will just tell him to get lost.
But in reality if you can get a new one at a reasonable price, your old car is worth an all time high right now... upgrade is actually a great thing right now.
https://i.postimg.cc/pL6k4shT/E18183...81-E426-D0.jpg
Meanwhile at Chrysler, business as usual.