Re:Detroit News Vehicle of the Year is a Tesla
by EdJiang on Thursday December 27, 2018 @06:22PM
(#18773556)
Here's a decent article about how auto pricing has evolved beyond manufacturer's invoice due to the internet:
https://clark.com/cars/eye-opening-truth-about-dealer-invoic...
Re:Detroit News Vehicle of the Year is a Tesla
by joshfraser on Thursday December 27, 2018 @06:35PM
(#18773637)
Thanks for sharing. It's been over a decade since I worked at a dealership & obviously haven't kept up with the industry very much.
Re:Detroit News Vehicle of the Year is a Tesla
by joshfraser on Thursday December 27, 2018 @06:10PM
(#18773490)
That's true. You're probably still getting screwed, but quite a bit less than everyone else. If you don't want to get screwed at all, don't buy a new car from a dealership.
It's good to research what the invoice price is, but this isn't their actual cost. Manufacturers offer incentives to dealerships based on all sorts of things, including hitting certain sales goals. These rebates aren't factored into the invoice price, so even buying at invoice isn't always an amazing deal. My understanding is that the rebates/incentives are bigger with some manufacturers than others, but I don't know the details.