My theory is that supply chain disruptions are more common in China than Mexico, making Ford, GM, and Stellantis vehicles less affected.
New-Vehicle Inventory report
- Thread starter wemay
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My theory is that supply chain disruptions are more common in China than Mexico, making Ford, GM, and Stellantis vehicles less affected.
You forgot to mention the part where you told them off.
Except Ford/GM have little to no inventory at most dealers. The dealer where I purchased my truck has over 300 Ram's on the lot and the 1/2 tons are being discounted by 9-10K.
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My Toyota dealer has plenty of Dodge/Jeep/Ram
My impression is that people are buying more economical vehicles, both in price and fuel economy. That would partially explain the lower volumes on the lots.
What I have been seeing lately are lots of new Kia and Hyundai, Honda, Mazda and others. Far more than brand new F150s or Chevy pickups or Rams. A lot of the new cars are hybrids as well and Teslas are in the mix.
Of course this is my viewpoint and it’s regional as well. In the Midwest you may see differently for example.
If you look at past trends, when the price of fuel goes up, the sale of big vehicles goes down. Then a year or so later when fuel prices drop, everybody's buying those big Suv's and pickups. This has been the case since the '70's when we had the oil embargo. How many of you remember gas rationing, and odd and even days when you could buy gas ?. People that need big vehicles like business's, will bite the bullet and get the vehicles they need. Alot of people lower their standard's, and sink to the low level of buying a used vehicle. I've recently had to scrap my old Exployer due to trans issues. But I wasn't aware that vehicles in the 10-12 year old range, with close to 200k miles on them were selling for so much. Heck on second thought, I should have fixed the trans in my old truck.,,
Same here.
Owen Lucas
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So does this mean we can go back to negotiating below MSRP for some of these more available makes or are dealers still being greedy?
Think maybe some of these companies that stopped making sedans are going to regret it or are already regretting it.
Ha! Well I understand the salesman most likely was not the "big boss" therefore I just told him that I wanted the car for around $25,000 cash for the corolla hybrid which is MSRP for the LE model. I didn't want to be a jerk about the phone call. He was just trying to make a living instead of holding an "anything helps" sign on a busy corner or intersection.
wemay
Site Donor 2023
Couldn't agree more.
4WD
$50 site donor 2024
What I found them doing was listing units that had not been delivered …
One dealer made that distinction - others did not …
Yes, it's called the Maverick.
I ordered Toyota Sienna in August. Estimate, 6-8 months.
Talked to the dealership two weeks ago, new estimate: 12 months.
As for market adjustment, it is absolutely ridiculous and how lazy people are too. I cannot make up my mind whether to consider dealerships greedy SOB's, or people lazy.
Toyota dealerships in Colorado Springs charge $5,000 market adjustment. Toyota dealerships in Denver? No market adjustment. Denver is 45min from Colorado Springs! I asked the guy in the dealership here how it is possible that people actually pay $5,000 while 45min to the north, they don't have to. He said: man, people are dumb and lazy.
There you go.
Talked to the dealership two weeks ago, new estimate: 12 months.
As for market adjustment, it is absolutely ridiculous and how lazy people are too. I cannot make up my mind whether to consider dealerships greedy SOB's, or people lazy.
Toyota dealerships in Colorado Springs charge $5,000 market adjustment. Toyota dealerships in Denver? No market adjustment. Denver is 45min from Colorado Springs! I asked the guy in the dealership here how it is possible that people actually pay $5,000 while 45min to the north, they don't have to. He said: man, people are dumb and lazy.
There you go.
What might be funny is if both dealerships are under the same ownership. I have three Mazda dealerships within a thirty mile radius. All owned by the same person.
Yep. I called Corwin Toyota in Denver, and they do not charge market adjustment. Corwin Toyota Colorado Springs does.
But Denver has seven different Toyota dealerships, excluding Boulder and Fort Collins. So I think it is competition.
We have two. Different ones, but obviously less competition.
AZjeff
$50 Site Donor 2023
Maybe Stellantis buyers are looking for the usual pre C19 big discounts and now if they don't get 20% off MSRP without trying hard they look at other makes. So inventory increases.
Yep.
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