I hade the same experience at Jenkins Kia in Ocala. They wanted 10k over MSRP for a Kia Sorento. I told them that they were nuts and I could buy a Lexus for that Price. So that is exactly what I did. I went to Lexus of Orlando and they gave me a fair price on a Lexus RX350 that was less than Jenkins Kia wanted for the Sorento. They were a pleasure to deal with and I was extremely satisfied. Try Lexus, they have not had as many issues with the chip shortages as the other brands
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Originally Posted by LateBoomer
so I contact a local dealer (a Jenkins, but they are everywhere) about a particular luxury SUV on their site, that listed a price of about $66,500 (which is higher than the company says the MSRP should be but i get it - different times right now). They said sure come on by.
Now I know there has been some "market adjustments in prices" - but guess what this car LISTED on their site actually cost? $79,500!! and that was BEFORE another $1000 (dealer fee), and taxes, etc. What should have been a $73,000 car after taxes was actually an $85,000 car!
$12,000 markup due to supply and demand.
Of course it's worse. They have a big poster in the sales office - about how their Internet price is "guaranteed" and they pay the average of Kelley BB and Edmunds for trade-ins. We had two trade-ins. Kelley and Edmunds average for clean fairly new cars (both 2020 vehicles) said that we should have got between $54-$55K . they offered a whopping $49K!! so much for higher prices for used cars?
Honestly, I know that inflation was a bit out of control. And dealers could be shady...but glibly adding $12,000 to a new car's price, and under-valuing a used car by thousands?
very shady practices. We decided to sit tight with our existing cars until things are normal again.
are people really paying this much more over MSRP? Never seen it in my life...or is this just a Jenkins thing around here? very very sneaky to add this to the price actually on your website!!
Beware, people!!!
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