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Article in the Post this morning with this headline:
Car dealers are raising prices. Automakers are pushing back. Consumers are stuck in between.
Ford and GM have warned dealerships to stop selling vehicles above MSRP, but such markups are now pervasive across the industry amid supply shortages
https://www.washingtonpost.com/business/2022/02/12/ford-gm-dealer-markups/
Here’s a paragraph that looks very familiar:
”Sharon McNary, an amateur triathlete in Los Angeles, went looking for a hybrid Ford pickup in early January to better carry her bicycle to scenic locales outside across California. A Ford dealership in Orange County asked for $12,000 above the hybrid’s MSRP.
No deal, she said. “The car market is completely bonkers right now,” she told The Washington Post.
She turned to David Eagle, a Los Angeles-based auto broker, to help her scope out the market. His company, Current EV, helps shoppers navigate electric vehicle rebates and incentives, and negotiate price with dealers.
But even Eagle couldn’t get the number McNary wanted. She is still driving her Honda hatchback.”
Car dealers are raising prices. Automakers are pushing back. Consumers are stuck in between.
Ford and GM have warned dealerships to stop selling vehicles above MSRP, but such markups are now pervasive across the industry amid supply shortages
https://www.washingtonpost.com/business/2022/02/12/ford-gm-dealer-markups/
Here’s a paragraph that looks very familiar:
”Sharon McNary, an amateur triathlete in Los Angeles, went looking for a hybrid Ford pickup in early January to better carry her bicycle to scenic locales outside across California. A Ford dealership in Orange County asked for $12,000 above the hybrid’s MSRP.
No deal, she said. “The car market is completely bonkers right now,” she told The Washington Post.
She turned to David Eagle, a Los Angeles-based auto broker, to help her scope out the market. His company, Current EV, helps shoppers navigate electric vehicle rebates and incentives, and negotiate price with dealers.
But even Eagle couldn’t get the number McNary wanted. She is still driving her Honda hatchback.”
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