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Jeep Dealers No Longer Need Your Money, Just Your Tax Dollars
Detroit, 6:19 PM
Sat Nov 28
4 posts in the last 24 hours
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Jeep Dealers No Longer Need Your Money, Just Your Tax Dollars |
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03/03/09
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For so long; it has been more profitable for car dealers to stay as close to MSRP as possible and sell the financing instead that now, anyone who wants to pay cash for a car has a problem. The dealer wont make a profit and therefore doesn't want to deal with a cash buyer.
Even third party bank financing (I. E. I get the loan from my credit union) still creates kickbacks in the form of 'fees' for the dealers so they can continue to profit from the deal.
The US survives on a credit mentality. Thats what got us into trouble and no amount of TARP money will pull us away from that habit.
03/02/09
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Same goes for Honda, with the possible exception of the Civic. But that's come in so many shapes now, there isn't anything quintessential about it. And Chevy? Sweet Jesus, Chevy. Chevy looks like everything else and everything looks like Chevy.
So back to the Jeep - whaddaya get? Wheels. Engine. Tranny. Top (maybe - did you order one?). It's the original basic mover. After WWII other builders started building their own version, because the little bastard is so tough, so basic, so classically right, whatever you add can only detract. And it has.
Pry Jeep loose from Chrysler and let them build their own for a while. The buyers won't go anywhere. Unlike so many other builders, Jeep buyers are a pretty loyal bunch.
03/02/09
03/02/09
Come to think of it, this list extends to include appliance dealers, computer programmers, drug pushers...
03/02/09
Hey, who threw that rock?
"She did!"
What?
*lower voice* "He Did."
Well, anyways, I'd want to know what's missing here. Are we not factoring in taxes, as in, is he offering 25K on the road? 25-31 seems a big jump for the states.
Up here in Canuckistan, only a few cars are selling over MSRP, like the GTR. An EVO MR (which is in pretty short supply) can be got for MSRP, as can a 370Z.
03/02/09
When the customer experience in purchasing and maintaining your product is mediated by a bunch of incompetent douchebags with your logo on their building, it doesn't reflect well on you.
03/02/09
If a dealership doesn't get a sale, I'm a happy person, regardless of the reason.
In fact, about 18 months back, I was looking at Grand Cherokee 5.9's from the late-90's. Found one advertised online for price X. Went to the dealer, found price X was a "moving sale" price, and the new price was three grand more. I made my offer of $6200 on a car which had a retail BB value of about $6800. They came back with $9700, down from $9999. I said, "I know how this works, my counter is now $5800". He came back from the 'magic room' with, "if price is a problem, we have this other car...".
Hey, dumbfuck...if I wanted that car, that's what I'd be shopping for. See the paid-for RX300 we pulled up in? The only money problem there is, is you people trying to screw me out of more than need be.
I hope that truck is still on their damned lot.
Morons.
03/02/09
03/02/09
I'm willing to bet that if he was willing to take a trailer out to Toledo, he could get it cheap enough to even cover the transportation costs with his $25k. Dealers out here are advertising stupid deals on some new cars. I'm sure there is somewhere closer to him (withing 200 miles or so) that is hurting just as badly.
03/02/09
Go buy an H3 if you want the image, or an Xterra or an FJ if you want to go off road. Or any number of soft-roaders if you don't.
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That's what, then, 1/20th of what this guy was prepared to spend?
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$24,000 - cost of the Jeep
$2100 - tax @ 8.75% (think that's still Westchester's tax rate)
~$500-700 tax, title, license, surcharges, blah blah blah
So maybe $27k flat? Not that far from the $27,700 he was quoted by the second dealer... I hate dealers as much as anyone else, but if you're walking into a dealer and not even taking into consideration sales tax, you're pretty naive.
03/02/09
+ 2185 tax
+ 550 tax, title, doc fees, etc.
= $27,700
Personally I would consider the invoice price as a starting point for hagling, but I would never buy a new car.
I briefly worked at Carmax right after college, I remember one customer that pitched a fit when they had to pay sales tax. Of course it was no haggle pricing, but still you have to pay the sales price PLUS tax, title doc fees, etc.
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03/02/09
I get X-Plan through work, but my father in law is retired Ford so now I get Z-Plan.
03/02/09
The rubes who buy Jeeps totally crack me up. The only people more foolish are those slobs who buy Range Rovers.
Talk to a Range Rover owner 3 years down the line and ask him how much that thing has depreciated. They will begin foaming at the mouth like no other car owner I know.
When God talks to you, dude, listen up.
03/02/09
Because I see your Range Rover point.
But Jeep Wranglers have LONG been one of the slowest-depreciating vehicles on earth, especially after they hit 5-7 years old.
03/02/09
Who buys a daily vehicle as an investment?
I've bought a couple of Jeeps, and a Land Rover, all one year old at purchase. I took less of a hit that way. I bought the vehicles because I needed them for our winters and I needed the cargo space.
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