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Re: New Car - “Market Adjust”
[Re: Brother in-law]
#8500375
01/10/22 08:14 PM
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Joined: Oct 2016
Posts: 3,413
JimBridger
Veteran Tracker
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Veteran Tracker
Joined: Oct 2016
Posts: 3,413 |
Heck that BS had been going on for more than 20years. I remember walking into a GM dealer to buy a Chevy Suburban 4X4. The window sticker was marked up a couple grand over the MSRP. I asked the salesman what was the bottom line on the truck, his response that it’s listed on the window sticker. I laughed at him and began to leave. He asked if “ aren’t you interested in buying it?” I responded, I don't intend to pay the MSRP yet alone your inflated price. I went to another dealership and bought the Suburban equipped with everything I wanted for more than $3,000 under MSRP.
All that is necessary for the triumph of evil is that good men do nothing. Edmund Burke
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Re: New Car - “Market Adjust”
[Re: jhenderson]
#8500383
01/10/22 08:28 PM
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Joined: Dec 2009
Posts: 9,809
The Dude Abides
THF Trophy Hunter
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THF Trophy Hunter
Joined: Dec 2009
Posts: 9,809 |
Find a new dealer. Still several out there not playing that game. They are all playing the game to some degree since they are all in the same boat...NO inventory available except scraps. What you may have "negotiated" 6-12 months ago is NOT applicable to today's market. My company bought me a 2021 Tundra in August and the dealership has called back a plethora of times wanting to buy it back for more than it cost new.
Last edited by TXGUNNER308; 01/10/22 08:36 PM.
I am still looking for the perfect apron, one with reinforced knee areas would be perfect.
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Re: New Car - “Market Adjust”
[Re: PigMoney]
#8500393
01/10/22 08:37 PM
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Joined: Feb 2021
Posts: 556
SRPI89
Tracker
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Tracker
Joined: Feb 2021
Posts: 556 |
It blows my mind how so many people absolutely have to have a new vehicle now. The types that have to buy a new vehicle before the tires wear out on the old one are suckers. All they see is 0% apr for the rest of their lives. I'm 38 and have kept all but 3 of the vehicles I've bought since I was 16. Still daily a 2002 Jeep tj with 117K miles, a 2004 Jeep TJ Rubicon with 39K miles, a 1996 Chevrolet Silverado regular cab short bed with 350 V-8 and 204K miles, and a 2006 Chevy 1500 Z-71 with 238K miles. I've never paid more than $23,500 (the '06 Z-71 when it had 30K miles on it) for a vehicle. Watching what people are paying for new half ton pickups makes me both laugh and puke at the same time. No thanks! Debt free is the way to be. I've been investing my old car payments into the stock market for the last 12 years. When you’re self employed, there’s significant tax advantages to buying a new vehicle.
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Re: New Car - “Market Adjust”
[Re: PigMoney]
#8500408
01/10/22 08:59 PM
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Joined: Sep 2018
Posts: 1,049
Old Shakie
Pro Tracker
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Pro Tracker
Joined: Sep 2018
Posts: 1,049 |
It blows my mind how so many people absolutely have to have a new vehicle now. The types that have to buy a new vehicle before the tires wear out on the old one are suckers. All they see is 0% apr for the rest of their lives. I'm 38 and have kept all but 3 of the vehicles I've bought since I was 16. Still daily a 2002 Jeep tj with 117K miles, a 2004 Jeep TJ Rubicon with 39K miles, a 1996 Chevrolet Silverado regular cab short bed with 350 V-8 and 204K miles, and a 2006 Chevy 1500 Z-71 with 238K miles. I've never paid more than $23,500 (the '06 Z-71 when it had 30K miles on it) for a vehicle. Watching what people are paying for new half ton pickups makes me both laugh and puke at the same time. No thanks! Debt free is the way to be. I've been investing my old car payments into the stock market for the last 12 years. Good for you....life is sweeter when you don't have vehicle and house payments. I was "just looking" at a new Yukon a few years ago and the salesman walked up and said "that would sure look good in your drive way". I said "Yes, but that 60K in my bank account looks better". He did not hang around to chat.
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Re: New Car - “Market Adjust”
[Re: PigMoney]
#8500413
01/10/22 09:03 PM
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Joined: Jul 2007
Posts: 35,119
Brother in-law
OP
THF Celebrity
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OP
THF Celebrity
Joined: Jul 2007
Posts: 35,119 |
It blows my mind how so many people absolutely have to have a new vehicle now. The types that have to buy a new vehicle before the tires wear out on the old one are suckers. All they see is 0% apr for the rest of their lives. I'm 38 and have kept all but 3 of the vehicles I've bought since I was 16. Still daily a 2002 Jeep tj with 117K miles, a 2004 Jeep TJ Rubicon with 39K miles, a 1996 Chevrolet Silverado regular cab short bed with 350 V-8 and 204K miles, and a 2006 Chevy 1500 Z-71 with 238K miles. I've never paid more than $23,500 (the '06 Z-71 when it had 30K miles on it) for a vehicle. Watching what people are paying for new half ton pickups makes me both laugh and puke at the same time. No thanks! Debt free is the way to be. I've been investing my old car payments into the stock market for the last 12 years. Thank You one upper but nobody cares
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Re: New Car - “Market Adjust”
[Re: Old Shakie]
#8500422
01/10/22 09:14 PM
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Joined: Dec 2006
Posts: 20,758
cbump
THF Celebrity
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THF Celebrity
Joined: Dec 2006
Posts: 20,758 |
It blows my mind how so many people absolutely have to have a new vehicle now. The types that have to buy a new vehicle before the tires wear out on the old one are suckers. All they see is 0% apr for the rest of their lives. I'm 38 and have kept all but 3 of the vehicles I've bought since I was 16. Still daily a 2002 Jeep tj with 117K miles, a 2004 Jeep TJ Rubicon with 39K miles, a 1996 Chevrolet Silverado regular cab short bed with 350 V-8 and 204K miles, and a 2006 Chevy 1500 Z-71 with 238K miles. I've never paid more than $23,500 (the '06 Z-71 when it had 30K miles on it) for a vehicle. Watching what people are paying for new half ton pickups makes me both laugh and puke at the same time. No thanks! Debt free is the way to be. I've been investing my old car payments into the stock market for the last 12 years. Good for you....life is sweeter when you don't have vehicle and house payments. I was "just looking" at a new Yukon a few years ago and the salesman walked up and said "that would sure look good in your drive way". I said "Yes, but that 60K in my bank account looks better". He did not hang around to chat. Why even stop at the dealership?
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Re: New Car - “Market Adjust”
[Re: Brother in-law]
#8500429
01/10/22 09:26 PM
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Joined: May 2006
Posts: 9,794
ILUVBIGBUCKS
THF Trophy Hunter
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THF Trophy Hunter
Joined: May 2006
Posts: 9,794 |
It blows my mind how so many people absolutely have to have a new vehicle now. The types that have to buy a new vehicle before the tires wear out on the old one are suckers. All they see is 0% apr for the rest of their lives. I'm 38 and have kept all but 3 of the vehicles I've bought since I was 16. Still daily a 2002 Jeep tj with 117K miles, a 2004 Jeep TJ Rubicon with 39K miles, a 1996 Chevrolet Silverado regular cab short bed with 350 V-8 and 204K miles, and a 2006 Chevy 1500 Z-71 with 238K miles. I've never paid more than $23,500 (the '06 Z-71 when it had 30K miles on it) for a vehicle. Watching what people are paying for new half ton pickups makes me both laugh and puke at the same time. No thanks! Debt free is the way to be. I've been investing my old car payments into the stock market for the last 12 years. Thank You one upper but nobody cares hahaha I was kinda thinking the same thing. But, to each his/her own and if someone likes staring at the $$$ figures on your bank statement rather than driving a newer vehicle, sobeit. I'm sure their children will enjoy spending all that Jack when they are gone because the last time I checked all the money in the world isn't buying you anything when your time is up here.
High fence, low fence, no fence, it really doesn't matter as long as you're hunting!
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Re: New Car - “Market Adjust”
[Re: Brother in-law]
#8500436
01/10/22 09:31 PM
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Joined: Jul 2019
Posts: 14,154
Hudbone
THF Celebrity
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THF Celebrity
Joined: Jul 2019
Posts: 14,154 |
It blows my mind how so many people absolutely have to have a new vehicle now. The types that have to buy a new vehicle before the tires wear out on the old one are suckers. All they see is 0% apr for the rest of their lives. I'm 38 and have kept all but 3 of the vehicles I've bought since I was 16. Still daily a 2002 Jeep tj with 117K miles, a 2004 Jeep TJ Rubicon with 39K miles, a 1996 Chevrolet Silverado regular cab short bed with 350 V-8 and 204K miles, and a 2006 Chevy 1500 Z-71 with 238K miles. I've never paid more than $23,500 (the '06 Z-71 when it had 30K miles on it) for a vehicle. Watching what people are paying for new half ton pickups makes me both laugh and puke at the same time. No thanks! Debt free is the way to be. I've been investing my old car payments into the stock market for the last 12 years. Thank You one upper but nobody cares I sell them and then buy them back.
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Re: New Car - “Market Adjust”
[Re: Brother in-law]
#8500452
01/10/22 09:49 PM
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Joined: Nov 2012
Posts: 15,639
QuitShootinYoungBucks
THF Celebrity
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THF Celebrity
Joined: Nov 2012
Posts: 15,639 |
I'm sure everybody that's upset about the $10-15k markup was equally upset when they got $13k off a new F150 a few years ago, right?
https://web.archive.org/web/20170223065011/http:/www.rrdvegas.com/silencer-cleaning.html
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Re: New Car - “Market Adjust”
[Re: Texan Til I Die]
#8500453
01/10/22 09:51 PM
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Joined: Sep 2007
Posts: 7,636
Nathan at Fork
THF Trophy Hunter
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THF Trophy Hunter
Joined: Sep 2007
Posts: 7,636 |
One of my job perks is that I can use my employer's fleet buying power to get a new vehicle. Typically my cost will be 25% - 30% below sticker. Only catch is that I have to order the vehicle, I can't buy anything off of the lot. I'm ready to order now so we'll see how that deal plays out in this crazy market. My bet is that it will take a ridiculously long time for the order to get built and shipped. Fortunately I'm not in a rush. Seems like you should buy a new car every day and then sell it. Make a killing.
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Re: New Car - “Market Adjust”
[Re: Brother in-law]
#8500454
01/10/22 09:53 PM
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Joined: Feb 2012
Posts: 9,719
Mickey Moose
THF Trophy Hunter
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THF Trophy Hunter
Joined: Feb 2012
Posts: 9,719 |
Thank You one upper but nobody cares I don't see it as one upper. Just difference in how people choose to spend money. But what should blow his mind is his unnecessary concern over how others spend their money.
My botnet is bigger than yours.
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Re: New Car - “Market Adjust”
[Re: Brother in-law]
#8500487
01/10/22 10:22 PM
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Joined: Dec 2009
Posts: 9,809
The Dude Abides
THF Trophy Hunter
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THF Trophy Hunter
Joined: Dec 2009
Posts: 9,809 |
I am still looking for the perfect apron, one with reinforced knee areas would be perfect.
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Re: New Car - “Market Adjust”
[Re: ntxtrapper]
#8500488
01/10/22 10:22 PM
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Joined: Apr 2005
Posts: 19,808
TurkeyHunter
THF Celebrity
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THF Celebrity
Joined: Apr 2005
Posts: 19,808 |
Law of supply and demand. We love capitalism right? That's what the ammo scalpers use an excuse for their behavior. I hope every one of them needs to buy a car in the next year. Yes. I don’t care for that sort of thing. But it really is supply and demand. The scalpers put the effort in to buy ammo. I think that’s over now? Have not bought ammo in awhile.
To be determined
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Re: New Car - “Market Adjust”
[Re: Brother in-law]
#8500512
01/10/22 10:32 PM
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Joined: Apr 2005
Posts: 19,808
TurkeyHunter
THF Celebrity
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THF Celebrity
Joined: Apr 2005
Posts: 19,808 |
To be determined
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Re: New Car - “Market Adjust”
[Re: Nathan at Fork]
#8500541
01/10/22 11:04 PM
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Joined: Aug 2009
Posts: 3,846
Texan Til I Die
Extreme Tracker
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Extreme Tracker
Joined: Aug 2009
Posts: 3,846 |
One of my job perks is that I can use my employer's fleet buying power to get a new vehicle. Typically my cost will be 25% - 30% below sticker. Only catch is that I have to order the vehicle, I can't buy anything off of the lot. I'm ready to order now so we'll see how that deal plays out in this crazy market. My bet is that it will take a ridiculously long time for the order to get built and shipped. Fortunately I'm not in a rush. Seems like you should buy a new car every day and then sell it. Make a killing. Limited to 1 per year. I actually didn't buy one last year since my 2019 didn't make it in until mid October of that year. It's got 24K miles on it now, so I'm looking again. Who knows, fleet sales may not even be able to get new vehicles with all the craziness going on.
Silver spurs and gold tequila keep me hanging on. Pretty girls and old cantinas give me shelter from the storm.
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Re: New Car - “Market Adjust”
[Re: Brother in-law]
#8501032
01/11/22 03:02 PM
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Joined: Oct 2019
Posts: 169
PigMoney
Woodsman
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Woodsman
Joined: Oct 2019
Posts: 169 |
Not trying to one up anyone, just showing what can be done and if I convince one person that buying a new vehicle right now is a dumb financial move so be it. I don't care how anyone spends their money but if you're on a forum griping about a markup on a depreciating asset then what does that tell you? Probably not a good time to buy... Not having a constant vehicle payment is amazing. I can't wait until I pay off the mortgage. People say that feeling is great too. "Too big to fail" is what got us where we're at. We the people should take back the country and let the big banks and automobile manufacturers fail. There is no reason they cost what they do. Bailouts for everyone and this is what you get.
Last edited by PigMoney; 01/11/22 03:20 PM.
“We don’t rent pigs!”- Hat Creek Cattle Company
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Re: New Car - “Market Adjust”
[Re: QuitShootinYoungBucks]
#8501040
01/11/22 03:06 PM
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Joined: Oct 2019
Posts: 169
PigMoney
Woodsman
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Woodsman
Joined: Oct 2019
Posts: 169 |
I'm sure everybody that's upset about the $10-15k markup was equally upset when they got $13k off a new F150 a few years ago, right? Exactly!
“We don’t rent pigs!”- Hat Creek Cattle Company
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Re: New Car - “Market Adjust”
[Re: Brother in-law]
#8501046
01/11/22 03:09 PM
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Joined: Sep 2004
Posts: 12,392
RedRanger
THF Celebrity
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THF Celebrity
Joined: Sep 2004
Posts: 12,392 |
Car dealership used to make about 25% on base and 33% upgrades.
You do the math
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Re: New Car - “Market Adjust”
[Re: Tbar]
#8501050
01/11/22 03:13 PM
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Joined: Apr 2007
Posts: 60,429
BOBO the Clown
kind of a big deal
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kind of a big deal
Joined: Apr 2007
Posts: 60,429 |
And I thought my neighbor paying 50k over was bad.
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Re: New Car - “Market Adjust”
[Re: PigMoney]
#8501083
01/11/22 03:43 PM
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Joined: Jul 2007
Posts: 35,119
Brother in-law
OP
THF Celebrity
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OP
THF Celebrity
Joined: Jul 2007
Posts: 35,119 |
Not trying to one up anyone, just showing what can be done and if I convince one person that buying a new vehicle right now is a dumb financial move so be it. I don't care how anyone spends their money but if you're on a forum griping about a markup on a depreciating asset then what does that tell you? Probably not a good time to buy... Not having a constant vehicle payment is amazing. I can't wait until I pay off the mortgage. People say that feeling is great too. "Too big to fail" is what got us where we're at. We the people should take back the country and let the big banks and automobile manufacturers fail. There is no reason they cost what they do. Bailouts for everyone and this is what you get. It’s a story of wasting my time with the surprise at the end. We were already aware of the “ hard times “ in the car world and nobody wants to buy a car in modern times.
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Re: New Car - “Market Adjust”
[Re: Brother in-law]
#8501087
01/11/22 03:46 PM
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Joined: Jun 2015
Posts: 5,918
Jgraider
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jun 2015
Posts: 5,918 |
Not surprised. Care dealers are just a rung or two up the food chain from lawyers and politicians.
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Re: New Car - “Market Adjust”
[Re: BOBO the Clown]
#8501116
01/11/22 04:14 PM
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Joined: Dec 2010
Posts: 8,841
DocHorton
THF Trophy Hunter
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THF Trophy Hunter
Joined: Dec 2010
Posts: 8,841 |
And I thought my neighbor paying 50k over was bad. And that isn't even a G63, that's the G550, Lol.
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Re: New Car - “Market Adjust”
[Re: RedRanger]
#8501120
01/11/22 04:17 PM
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Joined: Dec 2010
Posts: 8,841
DocHorton
THF Trophy Hunter
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THF Trophy Hunter
Joined: Dec 2010
Posts: 8,841 |
Car dealership used to make about 25% on base and 33% upgrades.
You do the math Not sure about other dealers, but had a good contact who was a GM at a fairly large GMC dealer...he told me they would sometimes make only $400 on a new vehicle sale, $2000 was considered good. He said 60% of their profit came from the service department.
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Re: New Car - “Market Adjust”
[Re: Brother in-law]
#8501129
01/11/22 04:23 PM
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Joined: Jul 2019
Posts: 14,154
Hudbone
THF Celebrity
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THF Celebrity
Joined: Jul 2019
Posts: 14,154 |
So get this, some friends decided the trophy wife was gonna get a used, low mileage Mercedes GLE from TXTrophy's "favorite" dealership in Boerne. They were looking at 2020 and a 2021 with both being options in the low seventies. During the decision making process, they inquired as to the cost of a new one. The salesman replied they didn't have any new ones as the only one left had been sold the previous day. Luckily, another salesman overheard him and let them know that deal had fallen though. They ended up buying that brand new one for $68K. All were outfitted similarly.
Huh?
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Re: New Car - “Market Adjust”
[Re: Hudbone]
#8501145
01/11/22 04:40 PM
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Joined: Apr 2007
Posts: 60,429
BOBO the Clown
kind of a big deal
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kind of a big deal
Joined: Apr 2007
Posts: 60,429 |
So get this, some friends decided the trophy wife was gonna get a used, low mileage Mercedes GLE from TXTrophy's "favorite" dealership in Boerne. They were looking at 2020 and a 2021 with both being options in the low seventies. During the decision making process, they inquired as to the cost of a new one. The salesman replied they didn't have any new ones as the only one left had been sold the previous day. Luckily, another salesman overheard him and let them know that deal had fallen though. They ended up buying that brand new one for $68K. All were outfitted similarly.
Huh? I bet they beat him like a rented mule later
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