When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
As long as the dealer is up front about the markup, GM isn't going to do anything. The only time they might intervene is if the dealer sold at car with the promise of MSRP and then jacked up the price before delivery.
Regarding the part I bolded: If it's OK for "the common folk" to profit on a car, why is it different for a dealer? This is the free enterprise system that we all claim to love so much. But apparently only when it works in our favor, not someone else's.
You guys are something else - enjoy the markups - support the dealers.
Would anyone like my Venmo? Shoot me over some of your hard earned $$$ for nothing.
Any takers?
@CorvetteRL Hey there.....I'm in Murrells Inlet too (and Ohio). I used the dealer list and got on several of the top dealers and a couple random ones that sell for MSRP. All the ones I selected have 100% deposit refund before an order is placed. Will go with the first one that calls and it is looking like MacMulkin, which would be awesome. The wait is about a year, so hurry up and sign up. If you come across another option between now and then, you can always cancel your place in line. Best of luck and hope to meet you on a cruise or show someday.
@CorvetteRL Hey there.....I'm in Murrells Inlet too (and Ohio). I used the dealer list and got on several of the top dealers and a couple random ones that sell for MSRP. All the ones I selected have 100% deposit refund before an order is placed. Will go with the first one that calls and it is looking like MacMulkin, which would be awesome. The wait is about a year, so hurry up and sign up. If you come across another option between now and then, you can always cancel your place in line. Best of luck and hope to meet you on a cruise or show someday.
You guys are something else - enjoy the markups - support the dealers.
Would anyone like my Venmo? Shoot me over some of your hard earned $$$ for nothing.
Any takers?
Not sure why you are having such a difficult time accepting reality -- especially when so many here are not in favor of markups. You state that you know how to order a car, and despite HUNDREDS of dealers offering C8s at MSRP, you are steadfast in perseverating on the one dealer you've dealt with that is charging a markup. Almost EVERY business charges different rates of markups; whether it be hamburgers, gas, internet service, or clothes, etc.
Thank GOD we are fortunate to live in a society that supports capitalism, as it offers an ideal juxtaposition between supply and demand, coupled with competition.
St. Jude Donor '03-'04-'05-'06-'07-'08-'09-'10-'11-'12-'13-'14-'15-'16-'17-'18-'19-
'20-'21-'22-'23-'24
NCM Sinkhole Donor
CI 5, 8 & 11 Veteran
Originally Posted by DSOMrulz
As long as the dealer is up front about the markup, GM isn't going to do anything. The only time they might intervene is if the dealer sold at car with the promise of MSRP and then jacked up the price before delivery.
Regarding the part I bolded: If it's OK for "the common folk" to profit on a car, why is it different for a dealer? This is the free enterprise system that we all claim to love so much. But apparently only when it works in our favor, not someone else's.
If a dealer has an ADM on a car, just move on to a dealer that does not. You may have to wait to get your car, but you will get it at MSRP.
If most of you guys support dealer markups no problem. Have at it.
For those of us that have lived through many generations and experienced this time and time again, its frustration.
I think GM should offer vehicles sold via internet/website like Tesla.
Generally curious, you say those of you who have lived through this time and time again... When has the market ever done what it is doing now where vehicles are marked up way over MSRP other than on super specific specialty models? I think what we're seeing now is pretty unprecedented.
As for GM selling vehicles via a website... no thanks... that's a double edge sword. When the market stabilizes I don't want to loose my ability and walk into a dealer and haggle to buy a car under MSRP. Yeah we're not seeing it right now but those days will eventually return. The free market works when you let it... it just turns out right now the free market isn't in your favor. I promise you once things stabalize you'd be the same one complaining GM will only sell me a car at MSRP and I want a deal.
we all think markups are wrong, unfortunately there are people out there willing to pay extra to speed things up. It is what it is. Demand outpacing supply 🤷♂️
YOU may think markups are wrong.
I see NOTHING wrong with anyone asking (insert an additional amount here) for a car, or a house, or a lawn mower, or anything for that matter.
Accept it or reject it.
By whom, the dealer or the person the dealer sells to who flips in a few days and with no overhead or risk makes $20,000???
GM tries to control allocations to dealer's who are ordering and selling to end use customers. Were even for my early 2014 C7 I bought at MSRP with a hold-a-spot refundable deposit in Feb 2013! Few dealers not even Kerbeck were taking such orders at the time. When I picked mine up from a large Chevy/Vette dealer GM was NOT filling orders for dealer stock, ONLY for cars being bought for end customers. Didn't last long as C7 supply met demand soon after they started building!
The major large dealers are buying cars only for customers. They are getting their GM allocations BUT you'll wait ~12 months for a car. That's what I did and many did! There have been flippers from the early C8 delivery days. Some dealers now asking similar high prices.
YOU may think markups are wrong.
I see NOTHING wrong with anyone asking (insert an additional amount here) for a car, or a house, or a lawn mower, or anything for that matter.
Accept it or reject it.
Not “wrong” but just funny to me. Your loyal customers make you lots of money and keep you in business for many years, and the first chance you get you decide to price gouge?
Any dealer I call that has markup gets a 1 star from me on google, with a comment warning people about it, telling them to shop elsewhere.
Lol, Rocket Surgery! I have to remember to use that one.
Not sure why the OP is dwelling on a particular dealer that chooses to markup their C8’s. Simply move on to a dealer selling at MSRP.
This subject has been rehashed so many times over the past few years. Nobody is in favor of paying more than they have to, but I am in favor of our country’s FREE Market Economy.
As long as it’s not price gouging essentials, I have no issue with being able to ask a given price and getting it. Competitive force ususally does it’s magic in the consumer’s favor.
In the case of the C8, deal with a stand up dealer not pulling this BS and don’t worry about the outliers that get 10 C8’s a year and feel the need to jack up the price.
You guys are something else - enjoy the markups - support the dealers.
Would anyone like my Venmo? Shoot me over some of your hard earned $$$ for nothing.
Any takers?
Who said anyone enjoys markups?
I don't and I don't support dealers who add markup to MSRP. I do understand why some do.
What I do is demonstrate a little patience and order from dealer who sells at MSRP.
What I don't do is whine like a child about what some dealers are doing.
If most of you guys support dealer markups no problem. Have at it.
For those of us that have lived through many generations and experienced this time and time again, its frustration.
I think GM should offer vehicles sold via internet/website like Tesla.
Careful what you ask for. Tesla certainly isn't the panacea you think it is. Ever see a new Tesla being sold at a discount? Tesla has had more price increases in the past 18 months than any manufacturer.
After a year of increasing prices almost every month in 2021, Tesla slowed down the rapid rise in prices across its electric vehicles in early 2022.The last major price increase was in March 2022 – followed by a smaller one on long-range vehicles in April.
But now the automaker is back at it.
Tesla (TSLA) has significantly increased the prices (June 15) of its electric cars across its entire lineup with some models going up by as much as $6,000.
While they are busy raising their prices, they are producing some of the least reliable vehicles made:
Email yourself for all the good "reporting" to anyone will do. It's purely take it or leave it, despite GM's meally-mouthed comment some months ago. Nothing has changed, nor will it... until people cease buying. Pure and simple.
I've owned 15 corvettes. I think the markups are wrong. My opinion.
Then are discounts for slow selling models also wrong? Both reflect capitalism and supply and demand. Or is that supposed to only work in the buyers favor?
(I don't like markups either, but I understand economics.)
People pay a premium so they don't have to wait a year.
Look at it this way. Would you pay $20,000 over MSRP? Probably not. But let's say the day after you pick it up someone offers you $20,000 premium and you don't sell it. You just paid $20,000 over MSRP. It didn't come out of your pocket but it is an opportunity cost. You could have sold it and then immediately order another one. But you didn't. Why? Because you didn't want to wait a year to receive another one. You wanted to drive it today. It's the same thinking by the people who pay a premium.
And no one is getting ripped off. A void in the market place is being filled by willing buyers and sellers.
06-29-2022, 10:59 AM
If a dealer has an ADM on a car, just move on to a dealer that does not. You may have to wait to get your car, but you will get it at MSRP.
