Why are car dealers so greedy...?
Discussion
amgmcqueen said:
£26,990 mark up.....! 
https://collectingcars.com/for-sale/2018-lotus-3-e...
https://www.ebay.co.uk/itm/125110367447?_trkparms=...
What price do you feel is fair for them to sell it at ? https://collectingcars.com/for-sale/2018-lotus-3-e...
https://www.ebay.co.uk/itm/125110367447?_trkparms=...
I suppose the other side of the coin is ‘why are buyers so stupid’.
If someone comes along and just splurges that amount of money without doing a bit of due diligence (which for me would be studying the market for at least a few months) then they are liable to be taken for a ride.
On the other hand, this is rather blatant and so, if people do their homework it will gather dust or be subject to some sensible offers.
If someone comes along and just splurges that amount of money without doing a bit of due diligence (which for me would be studying the market for at least a few months) then they are liable to be taken for a ride.
On the other hand, this is rather blatant and so, if people do their homework it will gather dust or be subject to some sensible offers.
scoey1001 said:
Don't you have to pay fees on top of the final sale price on collecting cars or will the 78k already include this?
Buyer fees of £4.7k on top of purchase price, so it’s really £83k plus any prep, servicing, reconditioning, warranty.Dealers need to make a profit shocker.
bennno said:
scoey1001 said:
Don't you have to pay fees on top of the final sale price on collecting cars or will the 78k already include this?
Buyer fees of £4.7k on top of purchase price, so it’s really £83k plus any prep, servicing, reconditioning, warranty.Dealers need to make a profit shocker.
Or just take a pic against a white background lol
bennno said:
Buyer fees of £4.7k on top of purchase price, so it’s really £83k plus any prep, servicing, reconditioning, warranty.
Dealers need to make a profit shocker.
Plus the dealer hasn't sold it yet..? He could have that car for months and months or longer...! Assuming he does sell at the asking price there's £3700 VAT to pay..... so already the posters "greedy" £26990.00 Profit has £7K to come off with all the associated fees, prep,warranty, stocking costs, and buisness overheads along with his consumer liabilities.... But of course the poster could always start his own car sales business and then he could undercut the "greedy" dealers and make him self a fortune......Dealers need to make a profit shocker.
It really does make good sense to sell for more than you buy, and even more sense to pay as little as possible and sell for as much as possible.
Anybody who doesn't understand this concept is living under a rock.
Nobody has to buy, you can always walk away and wait for something you can afford, or at the price you wish to pay.
Posters like the OP make me smile, as if they would not do the same thing if they were in business
Anybody who doesn't understand this concept is living under a rock.
Nobody has to buy, you can always walk away and wait for something you can afford, or at the price you wish to pay.
Posters like the OP make me smile, as if they would not do the same thing if they were in business
CRA1G said:
Monkeylegend said:
Posters like the OP make me smile, as if they would not do the same thing if they were in business
That's why their not in the business.... because they haven't got a clue.... 
There’s good reason car dealers have such a bad rep after all lol
Kaptain slow said:
CRA1G said:
Monkeylegend said:
Posters like the OP make me smile, as if they would not do the same thing if they were in business
That's why their not in the business.... because they haven't got a clue.... There’s good reason car dealers have such a bad rep after all lol
OP, are you going to comment on your thread??
I agree that it is a strange thing to say. Maybe the OP is making these remarks because there is a vested emotional interest in his car hobby?
The OP either:
(1) Works for a business that generates profit
(2) Works for an organisation that is funded and he derives a salary
(3) Derives an income from financial or property investment
Either way he too "profits" unless he has zero income.
The OP either:
(1) Works for a business that generates profit
(2) Works for an organisation that is funded and he derives a salary
(3) Derives an income from financial or property investment
Either way he too "profits" unless he has zero income.
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