Coming Soon đ At the beginning of April, youâll be
introduced to a brand-new GoComics! See more information here. Subscribers, check your
email for more details.
Back when I was selling cars in 1983, we had a seminar where the presenter introduced the concept of âdocumentation fee.â Thatâs right, it never was a thing before. We started by charging $25, the customers didnât complainâŠnow I hear some dealers charge as much as $800 for it. Donât pay it, I never do. Itâs a total scam. It is âblue sky.â
He told us about dealers in New York posting a term on their price stickers: âEDP.â It stands for Extra Dealer Profit.
Then they add the mark-ups. Question: if, as reported, auto mfgs complain about how dealer mark ups are slowing sales a bunch, why donât they apply a bit of their usual coercion and restrict those add-ons?
And that in a nutshell folks is why it doesnât matter who or what party is in the White House, it is the various companies themselves that are putting the screws to you monetarily. They will hide behind political parties and scream it isnât our fault, but yeah it usually is.
Back when the Internet was much younger, I was in the market for a new car. I went Online and looked up all I could find on the car I wanted. I discovered a Site that listed all the Dealer âCodesâ and their actual cost, not the cost they are telling you. Loaded for âBearâ, I went in to the Local Dealer and, during our âhagglingâ, I hit him with the Codes and the actual costs, after finding out how much they were offering for my Trade-In, so he couldnât just lower that total to âmake it upâ. Iâll never forget the look on his face when he said âYou know our Codes!â âș
I remember my first trip to a foreign country, in this case, Baja CA, as a young sailor from San Diego, in the mid 70âs. It was my first experience with bartering for goods. I soon got the hang of it and wanted to do it back in the states as well!
We looked at a car on week and came back the next when they were having a â$6000 for any trade-inâ sale. The price had gone up $6000 due to an increase in the âdealer preparations and environmental protectionâ cost.
Businesses have been doing that for ages. If they knew how much something cost to make, and distribute, people would be furious when they saw the price
Zykoic 11 months ago
Pearlized granite undercoating is included at no extra charge on every wheel.
Gent 11 months ago
Eh?
blunebottle 11 months ago
Back when I was selling cars in 1983, we had a seminar where the presenter introduced the concept of âdocumentation fee.â Thatâs right, it never was a thing before. We started by charging $25, the customers didnât complainâŠnow I hear some dealers charge as much as $800 for it. Donât pay it, I never do. Itâs a total scam. It is âblue sky.â
He told us about dealers in New York posting a term on their price stickers: âEDP.â It stands for Extra Dealer Profit.
rockyridge1977 11 months ago
Always an âangleâ!!!!
sandpiper 11 months ago
Then they add the mark-ups. Question: if, as reported, auto mfgs complain about how dealer mark ups are slowing sales a bunch, why donât they apply a bit of their usual coercion and restrict those add-ons?
Mugens Premium Member 11 months ago
And that in a nutshell folks is why it doesnât matter who or what party is in the White House, it is the various companies themselves that are putting the screws to you monetarily. They will hide behind political parties and scream it isnât our fault, but yeah it usually is.
rickseg 11 months ago
And donât forget the custom floor mats. Or in this case axel mats.
rshive 11 months ago
One does what one must. Or wants to.
ChessPirate 11 months ago
Back when the Internet was much younger, I was in the market for a new car. I went Online and looked up all I could find on the car I wanted. I discovered a Site that listed all the Dealer âCodesâ and their actual cost, not the cost they are telling you. Loaded for âBearâ, I went in to the Local Dealer and, during our âhagglingâ, I hit him with the Codes and the actual costs, after finding out how much they were offering for my Trade-In, so he couldnât just lower that total to âmake it upâ. Iâll never forget the look on his face when he said âYou know our Codes!â âș
ladykat Premium Member 11 months ago
Really?
preacherman Premium Member 11 months ago
Thereâs a lot of that going around. And they wonder why their lots are so full, and buyers are not around.
Frank Burns Eats Worms 11 months ago
Heâs made some wholesale changes.
DatsunMan 11 months ago
When did a Ford F150 hit over $70000? Guess Ford raised the F150 prices for the loses on the failed sales of Fordâs EVs.
Red Banks 11 months ago
I remember my first trip to a foreign country, in this case, Baja CA, as a young sailor from San Diego, in the mid 70âs. It was my first experience with bartering for goods. I soon got the hang of it and wanted to do it back in the states as well!
mindjob 11 months ago
Expect the MSRP to go way, way up when EVs are mandated
hooglah 11 months ago
YEP!!!!
zeexenon 11 months ago
Car makers would go broke if they only did that.
Bill The Nuke 11 months ago
We looked at a car on week and came back the next when they were having a â$6000 for any trade-inâ sale. The price had gone up $6000 due to an increase in the âdealer preparations and environmental protectionâ cost.
Fuzzy Kombu 11 months ago
âŠbut then you can have a tremendous sale : 20% off!
mistercatworks 11 months ago
Duh
dragonfury98 11 months ago
must be following Teslaâs pricing model then
tammyspeakslife Premium Member 11 months ago
Businesses have been doing that for ages. If they knew how much something cost to make, and distribute, people would be furious when they saw the price