Wife and I went to look at trading in our SUV on something a little more fuel efficient. Found a new Honda Accord. Nice and comfortable so we decided to see what they would offer us. The MSRP on this Accord was $34k.
Handed them the keys to our SUV(2019 VW Atlas with 42k miles) and waited for a few minutes. The poor salesman almost got laughed out of the room!!!
They offered $21k for the Atlas(autotempest showed all the local ones selling for $32k-$34k).
They tacked on $4k market adjustment.
Then they tacked on $2,600 for window tint, paint protection, and fabric protection!
After all the other taxes and fees they wanted to charge, that $34k car was going to cost $55k!!!
I guess there are a lot of people that fall for all of this mark up otherwise the dealerships wouldn’t be doing it. You can buy a whole lot of gas for the markup they are charging!!
Handed them the keys to our SUV(2019 VW Atlas with 42k miles) and waited for a few minutes. The poor salesman almost got laughed out of the room!!!
They offered $21k for the Atlas(autotempest showed all the local ones selling for $32k-$34k).
They tacked on $4k market adjustment.
Then they tacked on $2,600 for window tint, paint protection, and fabric protection!
After all the other taxes and fees they wanted to charge, that $34k car was going to cost $55k!!!
I guess there are a lot of people that fall for all of this mark up otherwise the dealerships wouldn’t be doing it. You can buy a whole lot of gas for the markup they are charging!!
Comment