Car Buying Welfare...WSJ Article..

That wasn't the title of todays article but it could have been. It repeated what an article several weeks ago said about the employee pricing and that is- The average sale price before the promotion was the same as it is during the 'promotion' for the big 3.

Which means that people who normally do their research and learn or know how to haggle are paying more. And people who don't research and bargain well as well as those groups who are preyed upon (by stealerships) anyway (minorities, women and the young ) payed less than the normally would.

This amounts to corporate welfare for the illiterate inexperienced and uninformed which usually includes women and minorities anyway. (ok that last part I was just kidding).

A further translation of this article should be anyone who is probably reading this SHOULD NOT buy during these types of sales and anyone who can't read period DEFINITELY should. Because if you're on a discussion board like this you probably research you big purchases etc etc.

Another thing they mentioned today was that stealerships are whining about not being able to head hunt. That is look for a sucker. With the prices all the same there is no more sucker hunting and they are telling the manufacturers they miss the smell of fresh blood. And basically that is the ONLY reason they will eventually get rid of the one price fits all deals.

Reply to
Charles Pisano
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You may think you are a good negotiator but some professor once got permission to look at dealer files and he discovered that everyone pretty much pays the same price plus or minus $100. The place where people get ripped off is on financing and trade ins.

Reply to
Art

I paid cash and had no trade when I purchased my Sienna. I had the feeling they didn't really want to sell it to me, it was the only Sienna they had at the time. You don't suppose they didn't make much money on me and were holding out for someone with a trade or financing but reluctantly had to sell it to me. They insisted, even though I had cash in hand that I still fill out a loan application. BTW, this is one of the no dealing dealers, one low price ect....

Reply to
Dbu

Re: Car Buying Welfare...WSJ Article.. Group: alt.autos.toyota Date: Thu, Aug 4, 2005, 2:15am (EDT+4) From: snipped-for-privacy@mindspring.com (Art)

---You may think you are a good negotiator---

I don't think , I know. Don't shoot the messenger pal...

--- but some professor---

"Some professor'??? Is that like the dog ate my lunch??? I'm quoting yesterdays WSJ article and you come back with some professor???? Do you live in Flori--duh?

---- once got permission to look at dealer files and he discovered that everyone pretty much pays the same price plus or minus $100.-----

YOU'RE WRONG...either:

1.) You just deceided you're going to disagree with me no matter what..

2.) You really didn't read my post.

3.) You just bought a car under the 'Employee Pricing" . Which is just another gimmic as evidenced by the WSJ article and statistics..

or

4.) All of the above..

---- The place where people get ripped off is on financing and trade ins. -------

I agree with that. But is is just ANOTHER opporunity for the stealership to nail you. And the only reason I'd trade something in would be if I had a lot more money and very little time. Under the Employee pricing the interest rates are STILL negotioable and so is 'duh' trade. So, why would the dealerships be crying for them to end the employee pricing if everyone paid 'within 100 dollars or so' ..?

SHELLY .....COME ON....

Reply to
Charles Pisano

I meant to say dog at my homework. duh...

Reply to
Charles Pisano

Come to my store. I got some loan papers for *you*!

Reply to
FanJet

My "some professor" story was also from the WSJ but it was a while back and the trivia I keep in my brain does have some limits so I cannot tell you the date of the article. Duh to you too.

Reply to
Art

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