I find it hard to believe that only 31% of new cars sold above MSRP. Does that mean 69% of new cars are being sold at or under MSRP?
Harleys also hold value like crazy - a friend bought a 2007 FXDR Dyna for $13K. A Japanese crouchrocket sells for a fraction of that. The Motor Company doesn’t make money off bikes - there’s more people buying clothes at the Harley dealer than bikes.I’m surprised motorcycles haven’t gotten more popular since the vehicle shortage
Harley will likely hold value as the production dwindles down as there is little interest in brand from young generation and even middle aged.Harleys also hold value like crazy - a friend bought a 2007 FXDR Dyna for $13K. A Japanese crouchrocket sells for a fraction of that. The Motor Company doesn’t make money off bikes - there’s more people buying clothes at the Harley dealer than bikes.
I have actually been looking for a 2023 Corolla XLE in the past month and I am receiving one this Saturday for MSRP. But the thing is I called almost 30-40 of the closest Toyota dealerships to me and I was only able to find 5 in my state of New York selling at MSRP with the help of Markups.org. Most of them were selling Corollas between $500 and $5,000 over MSRP.Look at the list and the MSRP numbers.
No one is paying markup on a Toyota Corolla. What do you think they sell more of, a $25k Corolla or a $100k Taycan?
I don't know the specifics of sales numbers, but I would not be shocked to see that for every Taycan sold 10 people buy a Corolla (or similar). Actually I would be surprised if it was that low lol
So yeah I don't find it hard to believe at all.
Well, motorcycles are like cars, some are made for commute and low maintenance costs, some are not and some are in between. You need to choose just like with cars, what you want and be prepared to pay for it if you chose performance.I was let down by this realization. I rode motorcycles for a year and thought it would be fantastic savings, but the tire cost alone was awful. Tires only getting 6,000 miles per set and the more frequent engine maintenance made it a losing battle. A cheap Toyota Corolla is better financially than a motorcycle.
Since MSRP is not the out the door price, I bet it all depends on the amount entered before any add ons, accessories, warranties and taxes are added. So one could technically buy at or below MSRP, but then get hit with the extras, which would not count toward this statistic.I find it hard to believe that only 31% of new cars sold above MSRP. Does that mean 69% of new cars are being sold at or under MSRP?
You really don’t have to sign up for all that.Since MSRP is not the out the door price, I bet it all depends on the amount entered before any add ons, accessories, warranties and taxes are added. So one could technically buy at or below MSRP, but then get hit with the extras, which would not count toward this statistic.
I have actually been looking for a 2023 Corolla XLE in the past month and I am receiving one this Saturday for MSRP. But the thing is I called almost 30-40 of the closest Toyota dealerships to me and I was only able to find 5 in my state of New York selling at MSRP with the help of Markups.org. Most of them were selling Corollas between $500 and $5,000 over MSRP.
Tires have gone up too. $300+ for 8K to 12K miles if you are lucky $400 if you have your dealer put them on. EACH!! Riding gear over 1k easy.Motorcycles are money pits. The cost per mile far exceeds a passenger vehicle. Tire costs alone approach 6¢ a mile. Insurance if you chose to insure is about that every year. ect ect ect
Anecdotal, but GM lots are STACKED with trucks locally. Pricing isn’t moving.My guess on that is that motorcycles, while fun, fun, fun, come nowhere near providing the utility of any car. Weather protection, multiple passengers, the ability to converse, protection from other vehicles, cargo carrying capacity....bumpers on which to place stickers. The list goes on.
It might not pan out as you think. Didn't GM just announce (reported here) that they're closing plants under the guise of line maintenance, to keep the supply down and prices up?
ME?: I just can't wait for the next, "Why all the dealership hate?", thread.