New Car
- Thread starter Nixy
- Start date
Gonz said:
Because they're making a nice chunk off of me for the warranty, the rust proofing, they'll make a mint off of me in service...the least they can do is make less than $800 off me for the sale of the car. Since most car dealers lose money in the new car show room (which they did in the end after they paid the salesman apparently). Oh, and $800 would have been on an avg mark up, GM mark ups are VERY low atm.
SouthernN'Proud
Southern Discomfort
Nixy said:
You are on crack.
That car lost a minimum of 20% of it's value the precise moment you drove it off their lot. Tell me how they lost money. Don't believe me? Try and trade it tomorrow at another dealer and see what they offer you for it.
You been suckered. Wait a few years and a few trades and tell me I lied.
A.B.Normal
New Member
Nixy said:
Replacement value clause is a great thing to have .
SNP ,
Your equating depreciation with profit ,which there is no correlation.Two same make and model vehicles ,but the one that has every option available will have a highter percent resale value right off the lot and you know they 're making a nice profit off the fully optioned one moreso than the base model.Some highend vehicles like Porsche and BMW won't depreciate at the same percent as a Ford Escort ,when you drive them off the lot,but you know the there is a higher rate of profit on the porsche/bmw.Yes there is a certain loss of value ,buts thats due to consumerism what someone is willing to pay you for it,rather than what its worth.If I buy two cheese burgers and try to sell one because I realize I don't want it,the difference in what I paid for it and what the next person is willing to pay for it is ,not the profit margin for the manufacurer(it works for underwear too ,but I was being nice).
A.B.Normal said:
Thanks AB
And the car is worth it to me. When Prof said earlier that a first car should be a love affair...that was what I was thinking but wasn't able to say. This isn't just a car, this is MY car done the way I want it. I was telling someone yesterday about the "time for an oil change" indicator and how it'll prolly need an oil change once every 6 months I was told...and he said "it may need them more frequently than that" to which I said "When my baby wants new oil, my baby gets new oil." I don't car what someone is gonna be willing to pay me for my car the minute I drive it off the lot, I car how much I'm going to enjoy my time with the car. Money isn't the most important thing. I coulda spent 6000 less probably and bought a pontiac wave/chevy aveo but I wouldn't have been happy.
SouthernN'Proud
Southern Discomfort
As y'all wish.
You got hosed, and no amount of touchy feely justification is going to put the money back in your pocket.
Redneck out.
You got hosed, and no amount of touchy feely justification is going to put the money back in your pocket.
Redneck out.
SouthernN'Proud said:
I didn't get hosed. I paid very little above what the vehicle cost the dealership. I was well aware of the depreciation of new vehicles and I made the decission to buy one regardless. Hosed would be if I got taken for a ride and I knew exactly what I was getting.
SouthernN'Proud
Southern Discomfort
SouthernN'Proud said:
.