I'm no fan of car dealerships. I have to dig pretty deep into my layers of empathy to find a morsel of it to spend on them. However, I did come up with one idea.
If you have a. shiny new car showroom to pay for, and a staff of salespeople to feed, and all of the other items of overhead that come with running a business, and you have a scarcity of product to sell, then it stands to reason that you have to make more on each item you sell. Hence, a justification for the large mark-up.
Now, is that the case? I have no idea. The industry doesn't have a long history of giving a deuce for anything but skullduggery, and maximizing profits in the moment.
I doubt it's much different anywhere, but after 45 years of buying cars, I bought my first Honda 4 years ago, and I was not impressed with the way they handled the new car purchase experience, and I am very unimpressed with the way they've handled quality issues with the car itself. Not a fan of Honda. I'll never buy another one. We bought this one because DW loved it. In the future, if she loves a Honda, it will be a lease deal. They can continue to own their mistakes, instead of me.
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