Headchef

Someone is taking action! Hopefully the others will follow suit!

zeroptzero

Been like that in Canada for a long time, the US needs this IMO.

S2KRAY

Dream on. It will never happen. Just like lower prices in everything we buy. I bought my 2000S in the fall of 99. There was ADM on them from most dealers. I paid sticker.

dlq04

Me too. Locally they wanted to add a couple thousand, so I bought it at sticker from another dealer a little over an hour away. BEST PART, when local dealer said it was now available at sticker and I told them where to stick it. SECOND BEST PART, the dealer I bought it from was 'tops' in every dealing after.

Scooterboy

This spring I think I will be looking for a pickup truck. Honda will be my first choice but if they add any additional markup I will bolt to another make. We will see….

dlq04

Why the OEM's are trying to police future EV pricing: Automakers are making huge investments into EVs. Volkswagen is spending $100 billion by 2030. Toyota is spending $70 billion. But what would the figure be if you added it all together? According to Reuters, if you group up the top automakers, they’re going to spend a collective $1.2 trillion through the end of the decade. So they better not drive off early buyers with huge mark ups.

robb

When I was shopping for my S in 2002, 2003 they were still trying to mark it up, I actually gave up looking after over a year dealers I went to were a bunch of assclowns, one worse than the other.

tof

I have several problems with this video.

1. McDonalds stores do NOT all charge the same prices. Order a BK Whopper in, say, Greenville, SC. Then order one in the food court at the Charlotte airport or in downtown NYC.
2. It's just supply and demand. Don't like the price? Don't buy. There is nothing in the Bill of Rights that says you have the right to cars at no more than MSRP. It's Manufacturer's SUGGESTED Retail Price.
3. Nobody complains when dealerships are overstocked and sell cars below MSRP.
4. What about brands that fix the minimum prices their goods can be sold for at retail. Retailers who violate these rules are cut off from receiving any more of that brand's products. Good examples are Levi, Apple, and Nike. This also applies to most OEM car parts, btw. I hate this type of price fixing way more than I hate the higher markups some outlets charge for various goods and services. I will just wait to buy that new car or truck until prices come back down to earth, which they will.

dlq04

Mike, good to see you are on the important things in life. Although the prices vary depending on where you are located, the average Big Mac is about $3.99 and the Wopper also depends where you live but the average price is around$3.49.

cosmomiller

Our Mercedes dealer has a standard $50K markup on basic new cars. (Used have no markup) M class, S class, EQ, Maybach and AMG are $100K-150K markup. They say no one even blinks at those markups. The same at P car dealerships for almost unobtainable cars.

In 2020, April, when Covid was just really hitting and no one, no one was buying any cars, I went to the dealer to make a deal on a new 450GLE that was exactly what I was looking for. I made an offer of $8K under MSRP and they snapped it up at the end of the test drive as I drove up!

That all changed in just two months.

Three times they have offered to buy back my car for more than I paid for it. The last time was two days ago. I have 20K miles on it.