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Sticker Shock

posted in: bigz's garage, news on May 03, 2009 at 07:18 PM

Overpriced?

Overpriced?

I was driving home today and saw a new Camaro outside a Chevy dealership. I was intriqued so I went up and looked at it. It’s a neat car but when I looked at the sticker and saw a note that said “Colorado Market Adjustment +9995” I was shocked. This was for a base model six cylinder car for 35k! No wonder GM is on the verge of bankruptcy. Oh well if they don’t sell them they can continue to live on borrowed tax dollars. I’ve just about convinced myself that any future new cars I buy will be either Fords or foreign

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Comments

Injectors_small
MN80228 Garage
May 03, 2009 at 08:14 PM

There are lots of dealers selling them without mark-ups.
If you are really looking for one, call around.
DON’T PAY THE MARK-UP!!!!
This money has nothing to do with GM. In most cases the the dealer has already purchased the car from the company.
Any mark-up only lines the dealer’s pockets and not the manufacturer.

Check out www.camaroz28.com
You should be able to find information about the mark-ups and reputable dealers that are not marking these cars up just because people want them…

100_1480_small
bigz's Garage
May 03, 2009 at 08:19 PM

I understand GM doesn’t control what the dealer sells the car for, but the dealers are part of the system which is clearly broken. This is one of many reasons they are on the verge of bankruptcy. It’s a cool car but I never buy a new one in the first model year. It takes awhile to work the bugs out in my opinion. Thanks for the link!

Injectors_small
MN80228 Garage
May 03, 2009 at 08:21 PM
Injectors_small
MN80228 Garage
May 03, 2009 at 08:22 PM

Unfotunately most dealers are franchises, and the manufacturer by law, cannot tell them what to sell the cars for.

There are enough dealers around that you should be able to find one relatively close who will work with you on the price.

If all else fails, just walk away and wait…
Eventually the prices will “re-adjust” back.

100_1241_0045_small
Tarantino Garage
May 03, 2009 at 09:47 PM

When the “new” wears off the camaro in 6 months the prices will come down, but your ride will always be nicer, cheaper, and faster. 35k is no way to entice buyers in this market.

Skip_small
Pleasure Dome Garage
May 04, 2009 at 02:52 AM

I never have or will I ever buy a foreign car! I am buying a new Camaro when they start dealing on them. I bought my 1st one in 68 for $3,200. out the door. Skip

Toobluenooshooz040112212crop_small
TOOBLUE Garage
May 04, 2009 at 10:36 AM

This seems to be normal for dealers when a high demand or with a limited available vehicle. I am sure this Camaro will be similar to other vehicles that have gone down similar paths. Give it a while and when Camaro supplies are available and the dealers have them on every lChevy lot the prices will fall. I can remember when the PT Cruiser first hit the street (limited avail) you would be surprised what some dealers were selling them for back in the day. Roger

Me3_small
Boss70 Garage
July 04, 2009 at 11:50 AM

I remember looking at the 2005 Mustangs with the new “retro” body style when they first showed up at the dealers. $10,000 markup was standard. After a while they stopped doing that. Up until not too long ago, they were still doing a $10,000 mark up on the Shelby GT-500’s. Harley used mark up all their bikes a few years ago when the market was hot. What really pisses me off is that even at list price the dealers are still making a huge profit. Of the 5 new vehicles I’ve bought, I’ve paid under list price on 4 of them. I paid list on one Harley when the market was hot. Having that “market adjustment” b.s. on the sticker is a sure way to make me turn around and leave the dealership.

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