Has anyone purchased a new vehicle lately, the prices are off the wall.

[BCClone]

Trade value is always worthless.

I just sold my son's car that we had pre-Covid and got 20% more than we paid for it. We sold it on facebook marketplace. I will never get why people don't try selling vs trading in a car. I get that it's a little hassle, but when you get $15k for a trade that is worth $18k on the open market. Sign me up for $3k worth of hassle.

3k is nice, but remember, you only made 2250 selling it yourself. Still very good for the work, but just correcting the value since you lost the 5% on the tax savings.

 

[Dirt Boy 2]

Speaking of vehicles, I was waiting for a table the other night at Whatcha Smokin and saw this. I don't know if I'll ever get out of my mind why someone would be anti Lexus, that owns an 1980's something van. I was going to ask but then the owners came out and they didn't look like the couple that liked to be questioned. This will forever haunt me......
View attachment 116972

Graduated high school mid-late 90’s. Had a 82 Dodge conversion van. So much fun. would I have taken a Lexus? Yep but just a different kind of memories.

 

[BCClone]

Graduated high school mid-late 90’s. Had a 82 Dodge conversion van. So much fun. would I have taken a Lexus? Yep but just a different kind of memories.

Was this it?

 

[stateofmind]

3k is nice, but remember, you only made 2250 selling it yourself. Still very good for the work, but just correcting the value since you lost the 5% on the tax savings.

I didn't actually buy a car in this transaction. Ì was just saying if someone was thinking of trading something they bought pre-covid, might at least try and sell it yourself, consideringhow things have gone since covid. Give it a week and see how it goes. But many people probably can't sell a car before they buy one.

 

[Dirt Boy 2]

Was this it?

View attachment 117315

Hell, mine had lights and both blinds and curtains.

 

[SCNCY]

So my wife and I are going to be looking at buying a vehicle. For those of you who have purchased recently, are there any advantages or disadvantages to getting a plug in hybrid vehicle? We aren't ready yet to do a full electric.

 

[KidSilverhair]

I was just thinking the other day about how crazy it would be to be a car salesman these days, particularly at the Toyota dealers I see.

There are practically no new cars on the lot.

There are fewer than a dozen used cars.

You can’t order a new vehicle, you only get on a waiting list and see if that dealer’s allocated vehicles might eventually work for you.

There‘s no negotiating; it’s either MSRP or MSRP plus a “dealer market adjustment.”

I mean, all the salesmen do now is sit in the showroom, wait for people to come in, take their money to get on a waiting list, and then call those people when vehicles eventually are being shipped to that dealer. There’s zero selling going on at all.

Crazy.

 

[KnappShack]

I was just thinking the other day about how crazy it would be to be a car salesman these days, particularly at the Toyota dealers I see.

There are practically no new cars on the lot.

There are fewer than a dozen used cars.

You can’t order a new vehicle, you only get on a waiting list and see if that dealer’s allocated vehicles might eventually work for you.

There‘s no negotiating; it’s either MSRP or MSRP plus a “dealer market adjustment.”

I mean, all the salesmen do now is sit in the showroom, wait for people to come in, take their money to get on a waiting list, and then call those people when vehicles eventually are being shipped to that dealer. There’s zero selling going on at all.

Crazy.

I still get calls from dealers saying they have inventory. One Kia group keeps hitting me up even after I've told them to leave me alone. Another one didn't call me back about a car I would've moved on.

On the other hand the local Toyota dealership has looked abandoned for over a year. Very few vehicles on the lot

 

[Gonzo]

I still get calls from dealers saying they have inventory. One Kia group keeps hitting me up even after I've told them to leave me alone. Another one didn't call me back about a car I would've moved on.

On the other hand the local Toyota dealership has looked abandoned for over a year. Very few vehicles on the lot

I was at Toyota of DSM a few weeks ago getting wife's car serviced and yeah it was like a ghost town on the showroom side of the building. Nothing in there, nothing happening.

 

[dmclone]

I was just thinking the other day about how crazy it would be to be a car salesman these days, particularly at the Toyota dealers I see.

There are practically no new cars on the lot.

There are fewer than a dozen used cars.

You can’t order a new vehicle, you only get on a waiting list and see if that dealer’s allocated vehicles might eventually work for you.

There‘s no negotiating; it’s either MSRP or MSRP plus a “dealer market adjustment.”

I mean, all the salesmen do now is sit in the showroom, wait for people to come in, take their money to get on a waiting list, and then call those people when vehicles eventually are being shipped to that dealer. There’s zero selling going on at all.

Crazy.

I use to work in the mortgage industry in the early 2000's and this was very similar. We had kids coming out of college that thought they were great salespeople because they made $100k their first year. I designed a phone system that would literally hand them customers that were most qualified to refi. There was no selling, these people were calling in to refi and every single one I handed to them qualified and it made financial sense. It was so busy that we just turned away the ones who didn't qualify or that already had good rates.

Then I would get statement like "Sally is such a good salesperson, she's going to make $150k+ this year". Sally worked every day from 7am-7pm and all she did was take calls. She just worked longer hours than everyone else.

 

[RagingCloner]

I was just thinking the other day about how crazy it would be to be a car salesman these days, particularly at the Toyota dealers I see.

There are practically no new cars on the lot.

There are fewer than a dozen used cars.

You can’t order a new vehicle, you only get on a waiting list and see if that dealer’s allocated vehicles might eventually work for you.

There‘s no negotiating; it’s either MSRP or MSRP plus a “dealer market adjustment.”

I mean, all the salesmen do now is sit in the showroom, wait for people to come in, take their money to get on a waiting list, and then call those people when vehicles eventually are being shipped to that dealer. There’s zero selling going on at all.

Crazy.

Its pretty nuts truthfully. I've done this 10 years, and the last 3 have been the most insane. Luckily, I'm at a dealer/dealer group that has never charged over sticker. I've built up enough of a client base to where I can keep myself pretty busy, but it gets hard for the newbies because there isnt as much on the walk-in side of things

 

[SEIOWA CLONE]

I was just thinking the other day about how crazy it would be to be a car salesman these days, particularly at the Toyota dealers I see.

There are practically no new cars on the lot.

There are fewer than a dozen used cars.

You can’t order a new vehicle, you only get on a waiting list and see if that dealer’s allocated vehicles might eventually work for you.

There‘s no negotiating; it’s either MSRP or MSRP plus a “dealer market adjustment.”

I mean, all the salesmen do now is sit in the showroom, wait for people to come in, take their money to get on a waiting list, and then call those people when vehicles eventually are being shipped to that dealer. There’s zero selling going on at all.

Crazy.

At the larger Toyota dealerships, they have quite a few vehicles, nothing like they had pre Covid, but the one we were at Monday has around 100 new vehicles on their website. Only some Toyota vehicles are hard to get right now, any Sierra's, Tacoma's and the Grand Highlanders are difficult to find, but they have plenty of Highlanders. All hybrid vehicles are in short supply. But I have seen many Rav4's, Camry's and other type vehicles on the lot. They had an electric/gas Rav4 in the showroom, markup on it was $5000, booked out without taxes a little short of $60,000.

 

[ClonesFTW]

I use to work in the mortgage industry in the early 2000's and this was very similar. We had kids coming out of college that thought they were great salespeople because they made $100k their first year. I designed a phone system that would literally hand them customers that were most qualified to refi. There was no selling, these people were calling in to refi and every single one I handed to them qualified and it made financial sense. It was so busy that we just turned away the ones who didn't qualify or that already had good rates.

Then I would get statement like "Sally is such a good salesperson, she's going to make $150k+ this year". Sally worked every day from 7am-7pm and all she did was take calls. She just worked longer hours than everyone else.

I lived and loved those (I assume) Bell Ave days; wasn’t a better job in the metro if you were a driven 25 year old with free time lol.

 

[Bader]

For a ******* Rav?
God Damn Joe Biden..

A fully loaded plug-in hybrid RAV4 is 51k on Toyota's website. I'm sure you can close to 55k +5k markup with undercoating and whatever other stupid **** a dealer would put into a show model. The gas engine RAV4s start at 28k

 

[dmclone]

I lived and loved those (I assume) Bell Ave days; wasn’t a better job in the metro if you were a driven 25 year old with free time lol.

Mine was on Park Avenue before they sold

 

[CycloneDaddy]

I lived and loved those (I assume) Bell Ave days; wasn’t a better job in the metro if you were a driven 25 year old with free time lol.

Were you there the day the lady died at her desk?

 

[mramseyISU]

A fully loaded plug-in hybrid RAV4 is 51k on Toyota's website. I'm sure you can close to 55k +5k markup with undercoating and whatever other stupid **** a dealer would put into a show model. The gas engine RAV4s start at 28k

And a 3 year wait last time I asked about one.

 

[Marcelason78]

And a 3 year wait last time I asked about one.

I hope you laughed in their face. We’re talking Toyotas here….

 

[SEIOWA CLONE]

I hope you laughed in their face. We’re talking Toyotas here….

Both Toyota and Honda make a hell of a vehicle anymore, better than the big 3 in many cases, and many are built right here in the US. They also hold their value and last forever.

My Grand Highlander was built in Indiana, they make Lexas in the Carolina's and Honda makes a lot of vehicles in Georgia I believe or Mississippi.

 

[simply1]

Since when are Toyota and Honda highly regarded????!!!!!