If you pay over MSRP for a vehicle in this present day you're a fool.

@strykerballcrush4650

5 ай бұрын

No kidding. I paid $5000 BELOW MSRP for a new 2023 Genesis GV70 in August. New 2024 models were arriving the following week. Even so, I shopped around and did not see as much price gouging as there was during the pandemic.

@msk3905

5 ай бұрын

Couldn’t agree more and it amazes me that there are moron’s that would ever do that?

@1GekoKing

4 ай бұрын

@@strykerballcrush4650which trim was that?

@strykerballcrush4650

4 ай бұрын

@@1GekoKing 2.5L Sport Prestige. Like I said before, the local dealership was making room for the 2024 models that were coming in at the time. I always buy new vehicles towards the end of their model year for discounts. The pandemic kind of changed that but things appear to be going towards normal now that there is inventory.

@1GekoKing

4 ай бұрын

@@strykerballcrush4650 awesome! do you saying how much you ended up paying?

The dealers would have no other choice but to not charge over the MSRP if the buyers were not so stupid.

There's nothing in high demand now.

@angiec8487

3 ай бұрын

Range Rovers

Only in the US I think. In Canada, Genesis does not allow dealers to charge over MSRP.

I just bought my vehicle I had them remove all the fees and markups get em at the end of the year so you can get a better deal because that's when they try to get there numbers in to get there bonus and more willing to work with you.

I have to believe the final prices shown in this video are what people are paying for trim level options above the base model. Who would be so stupid as to pay those kind of dealer markups?

@Sam-M7

4 ай бұрын

The past year and a half showed how many stupid, brain dead, and financially irresponsible people did. They walked into that dealership and gladly bent over begging for it

I went looking for a replacement car a year ago and none of the SUV’s I looked at were priced over MSRP. GV70, RDX, Macan, Volvo, So this is weird. I just got $10k off my 2023 SQ5 two weeks ago. Decent trade in offer to boot. I will NEVER pay at or over MSRP ever again.

@patriot4757

5 ай бұрын

SQ5?

@your_royal_highness

2 ай бұрын

@@patriot4757 Best overall for me!! GV70 2.5 was good but I don’t trust Hyundai; did not like the X3, Volvo or RDX. Macan is too pricey. I’m enjoying the hell out of the Audi

Well, I am angry to see the Toyota Corolla Cross Hybrid on the list! I was planning on getting one in late 2024 after my current lease ends, but if my local dealership (who've we purchased a 2023 Camry from recently) pulls the over MSRP bull crap on us, I'm going to walk -- back to my Hyundai dealership and either lease Hyundai #5, or tell them all to go to hell and buy my current vehicle at Lease end. Maybe they will then work with me if I have a lease buy-out option in my pocket! Thanks for a great video. Noticed that most the vehicles on your list are luxury cars, as if "rich" folks can afford to waste their money more than us "poor souls".

@dane1976

4 ай бұрын

They are also not watching this video. This is a lame attempt by manufacturers to create a false narrative so people think, well, everyone pays this. I’m in the same situation, my lease is up in June…low miles due to covid and still work from home often. Yeah, I would like to get something new, but I’ve had no issues and I’m not going to get screwed over for a smaller, cheaper made, less optioned vehicle. If consumers stop buying, it will drive down demand. I really don’t think most people are paying over MSRP for most vehicles

I stopped with the Genesis GV80 after the video states that the average price people paid for it was thousands above the average MSRP which is around $59,000. The next point was that the top selling model is a loaded Prestige which lists for $22,000 more than the base model. Of course the average price people paid was going to be above $59,000 if most buyers are opting for the Prestige. That's not dealer markup.

@possession3929

4 ай бұрын

There marked up, a 2022-2023 used GV80 costs 67-68k, used ones cost more than a bmw x5.. let that sink in. It's an overpriced Hyundai that gets serviced at Hyundai.

@cabforwardooo9983

4 ай бұрын

@@possession3929 Used car prices are not the issue. My point is that the example provided did not show that dealers were charging over MSRP.

@alex99398

3 ай бұрын

@@possession3929 This is the dumbest comment I've seen on KZread today...congrats! Try not to be so ignorant..

I was in the market for a new SUV for me back in end of 2022 summer then this past December for my wife. We both selected the ones we wanted then I started shopping/negotiating for them if I ever saw a dealer markup I immediately crossed them off the list. What kind of person would ever see that and say oh ok I’ll pay that…citizens who paid this hit an all new kind of stupid!

Great as always!!! Thank you!

This data is most likely based on 2021 and 2022 pricing versus current pricing. Supply chain is much better now and interest rates are horrible. Buyers have the power now relative to MSRP for most vehicles……

Most folks are fed up with new car dealers.

The video is very great and informative. Thank you very much.

The people paying additional dealer markups are not only being wasteful with their own money, but they are also being selfish. The only reason dealers are charging the markups is because people pay them. When people pay the markups not only are they rewarding the dealer's bad behavior, but they are also making car shopping harder for everyone else by encouraging dealers to continue with the markups.

Can a dealer have a mark up at least that high when you order your car from the manufacturer directly?

Is Dodge Caravan a good van to buy.

What about the VW Atlas for 2024? 9:10

He doesn’t say why to avoid them.

@shaunmckenna1923

4 ай бұрын

Its because you have to pay over the odds for them .

There are so many cars on the lots now and big discounts.Soundd like these cars reported on are not to avoid

is the increased cost due to dealer markup or adding packages?

@jaken1304

4 ай бұрын

Adding stuff

Dude, I got a fully loaded to the max $70k GV70 last month for only $64! And got 4,49% 60 months from them. Go find the unit that’s been sitting on thier lot past 90 days!!!

Public is so desperate for a new car that they will pay the equivalent of a good used car to get one ....DUMB

Generally, cars are one of the highest depreciating assets one can purchase. Why anyone is prepared to pay a premium unless they have money to burn defies all logic.

That pay over Retail was Short-lived....

How can one get around the dealer markup?

@stevec912

6 ай бұрын

look for another brand.....

@Steve_in_NJ

6 ай бұрын

If dealers can't sell their cars, then maybe they'll act more responsively (oh hell no! Like that will ever happen??)

@oivie1332

6 ай бұрын

Do your diligent research to come to an acceptable price, walk-in a dealer with pre-approved loan, tell them in straight face 1 price (yours). If they start the bs, walk away. No negotiation.

@stevefarris9433

6 ай бұрын

Do your research, decide on what you will pay. give the dealer your final offer. Walk if they start negotiating. If you are desperate for that car go ahead and pay which will cost every body else who likes that car.

The problem is, there are enough rich ppl who can throw away money like stupid fools.

USe your costco membership to pay below the msrp

However, there is no FIX for stupid.

The US car market for new vehicles is stuffed. Doesn't happen here. People just would not accept this practice.

Hold on to what you have and the prices will come down. Easy!😊

This looks like CLICK Bait.

@dextersmithbsee

5 ай бұрын

I think so. AI content.

Who the heck is paying these highway robbery markup prices?

There is no shortage no high demand it’s simple they knew interest will go up people will get screwed up financially so let’s give them an excuse of shortage and high demand so we the automakers don’t get stuck with a lot of cars parked in the lots

this video wont change a thing people are still gonna be taken for a fool to buy the car they want...

fair😀

*NEVER trust a korean car… dont ask me how I found out lol.*

Litre is spelt litre not liter

😮😮

literally none of this is true about MSRP and paying that high over.

*laughs at #9 by getting that exact car for $3k off MSRP*

!?! the 'suggested retail price' that u showed on a Mulroney label shows that that is the base price (like in the MB gl examples), which then get the options list, which in that case totalled about 10K so it's not overpriced at all! What is up with this channel and having no basis in reality!?!? I loathe dealers with a passion but u dn't know what u r talking about!!?/ what is up!?

Bull shit on #10... My 2021 GV80 is the tits I only paid 59,992...

If they actually called these POS station wagons, which is what they are, no body would want one. The great duped consumer!

This is such a BS video...Toyota, Honda, Hyundai and everyone with desireable cars were marking up vehicles (anecdotally, Toyota and Honda were among the worst offenders imo). Search for dealerships who weren't doing this.. Today, you can walk into a Genesis dealership and find one at MSRP (at least my local Genesis dealership was doing this). You guys absolutely suck..

Genesis is just a Hyundai....over priced

😮 you couldn't give me one of these vehicles for free they're all garbage especially the Ev's time bombs on wheels and in your garage these things can set your whole house on fire glad I stopped the video it would have been such a waste of time 👎👎👎👎👎👎👎👎👎👎 people stay far away from these garbage vehicles

Bidenomics

@fremontpathfinder8463

5 ай бұрын

Triggered Trumpie brownshirt