My daughter is having problems with her Honda Odyssey and is looking at a new Kia Telluride. A $40K+ car to start. But good reviews. The dealers she has talked to want $4K over MSRP some even more for a upgrade trim model.
So say in 2022 things get more normal and cars are once again selling for MSRP or below. When you try and determine a price on the 2021 she bought paying over MSRP will that extra she paid come into play when determining the price of the car or just money lost?
I am thinking its money lost as a person would say when buy a year old Telluride that is now $10K less than the person paid for it when for a little more I can get a new 2022 one.
I am making up some numbers here as an example, but as long as the car prices go back to MSRP or below in a year or two I think the extra paid on top of MSRP right now is money lost.
So say in 2022 things get more normal and cars are once again selling for MSRP or below. When you try and determine a price on the 2021 she bought paying over MSRP will that extra she paid come into play when determining the price of the car or just money lost?
I am thinking its money lost as a person would say when buy a year old Telluride that is now $10K less than the person paid for it when for a little more I can get a new 2022 one.
I am making up some numbers here as an example, but as long as the car prices go back to MSRP or below in a year or two I think the extra paid on top of MSRP right now is money lost.