View Full Version : 10,000 mark up


DRCAM
May 7th, 09, 09:40 PM
Hey all. Looked at two 2010 camaros today at patriot chevy in Hopkinsville, KY. They have 10,000 markup over the sticker. Both are v 6 models. Anyone else heard of mark ups this absurd?

ChevyCamaro69
May 7th, 09, 09:59 PM
Today, as a matter of fact we got a 2SS silver coupe and a 1LT black V6 in. And the mark up price here in Midland, Texas is 15,000 over sticker the V6 is 28,000 reg. price now its 42,000, and the V8 SS is 35,000 sold for 52,000 or something like that, i don't see paying that. It's ridiculous, if people would refuse to pay mark-up they would have to sell them for sticker, but we have too many people, with to much money to spend. :noway:

DRCAM
May 8th, 09, 07:39 AM
Just down the road in Clarksville, TN, James Corlew Chevrolet just got in an inferno orange 2ss with the rs option. It's a static display, so no driving this one it seems. They are only taking orders at this point, but said when they do have any arrive, they would not be charging anything over the sticker.:)

RATHOWSE
May 8th, 09, 04:08 PM
no mark up here locally, sticker only

rick kirkindall
May 8th, 09, 05:51 PM
that is bs in to days world.
rick k

hereitis67
May 8th, 09, 06:53 PM
i would just wait for around 6 months or so. than you can buy same car for less than msrp as dealerships will have some in stock and the 2011 will come out in september or so. when the dodge stealth first came out dealers did same stuff of over marking them up.

rsbecool
May 8th, 09, 07:57 PM
That kind of mark up is ridiculous. We were told on Tuesday that the mark up would be $2,500 here in CC. Maybe they changed their mind:confused:

Vegas69
May 8th, 09, 11:40 PM
You would have to be a moron to buy a new car with mark up. You don't need one that bad. There is a dealer somewhere within driving distance that will cut you a square deal. After all it's not a 69 camaro.

bil1024
May 9th, 09, 06:46 AM
We got a red RS, 6 cyl here, no mark up. They were giving test rides. Really nice about it

DjD
May 9th, 09, 07:55 AM
i would just wait for around 6 months or so. than you can buy same car for less than msrp as dealerships will have some in stock and the 2011 will come out in september or so. when the dodge stealth first came out dealers did same stuff of over marking them up.

I tend to agree, there will be deals to be had and paying more than msrp will leaving you kicking yourself down the road. It's also a shame some dealerships are after the quick buck, sure someone may buy but how many will just head to the Ford store after seeing the mark-up?

Oh, Chevrolet said the early release of the 2010 just extends the model year so in Sept there won't be a 2011 Camaro when all the other 2010 cars come out...

ckaram
May 9th, 09, 08:16 AM
Keep an eye on this thread:

http://www.camaro5.com/forums/showthread.php?t=621

These are dealers at or below MSRP. Also on the above website is a sticky for price gouging dealers.

jackr
May 9th, 09, 08:39 AM
I saw a few of the new camaros lastnight. I think they were all sold.
I was looking at the new full size trucks, they had the add on dealer sticker for stuff you don't need to pay for anyway. I asked the sales guy what that was all about in todays market, he mumbled something. I told the sales guy what I would pay, gave him my number and walked away. Lets see if they call......

kz1000ltd
May 14th, 09, 10:37 AM
Well, I was going to be "smart" and wait for all the hoopla to die down before ordering mine, but looks like I'm going to have to do something fast. My wife totalled our Suburban on Tuesday, so we're in the market for a new car!!!!! I've called around the Dallas area, and a couple of dealers are STILL asking for more than MSRP! There's one in Rockwall with a 2SS that they have marked up 20K! Unbelievable! I really don't want to wait 3 months to order one, does anybody know of any dealers in the Dallas area that are selling at MSRP, and "maybe" have one in stock? I'd like to get the V8 model but might settle for the V6 if that's all I can find! Friendly Chevrolet said they are getting in a few this weekend, I'm hoping at least one of them is an SS, and is still there when I go to look on Saturday!!!!

KevinW
May 14th, 09, 11:33 AM
Just stopped by my local chevy dealer. My salesman friend called Sat that they had one, just one for people to look at (not a pre-ordered car). Went down there today and it was just sold! The dealership was NOT going to sell it so people would have something to look at when they ordered, but someone OFFERED the dealer $5,000 over sticker, so they sold it :) No word on when they will get another :D

67 Convertible
May 14th, 09, 11:34 AM
Well, I was going to be "smart" and wait for all the hoopla to die down before ordering mine, but looks like I'm going to have to do something fast. My wife totalled our Suburban on Tuesday, so we're in the market for a new car!!!!! I've called around the Dallas area, and a couple of dealers are STILL asking for more than MSRP! There's one in Rockwall with a 2SS that they have marked up 20K! Unbelievable! I really don't want to wait 3 months to order one, does anybody know of any dealers in the Dallas area that are selling at MSRP, and "maybe" have one in stock? I'd like to get the V8 model but might settle for the V6 if that's all I can find! Friendly Chevrolet said they are getting in a few this weekend, I'm hoping at least one of them is an SS, and is still there when I go to look on Saturday!!!!

Sorry about the accident. I hope your wife is OK. I ordered mine on 4/24 and my dealer said it's 5-8 weeks for delivery.......of course it's been almost 3 weeks and no build date yet, only thing dealer says is GM has your order. I would absolutely not pay anything higher than sticker for the new Camaro....I don't need one that bad. If you show you are serious, they may wave the mark-up, they did with me.

mccorry
May 14th, 09, 12:59 PM
They don't call them Stealerships for nothing! ;)

69 z11
May 14th, 09, 01:59 PM
I sure hope no one here is paying over MSRP. Anyone remember the 2004-2005 GTO debacle? People were paying way over list and then the next year GM throws in 50 more hp. Talk about overnight de-valuation. Ouch.

faninc
May 14th, 09, 04:05 PM
ordered mine 4/17 no build date here yet either. In 1969 with no robots they built over 200,000 camaros, with robots they cannot get to 2,000 new camaros in 3 months??
(march 17 production though today)

DjD
May 14th, 09, 05:24 PM
In 1969 with no robots they built over 200,000 camaros, with robots they cannot get to 2,000 new camaros in 3 months??
(march 17 production though today)

They had 2 plants in '69, probably ran multiple shifts and didn't have to worry about excess production costs incured doing so. Under GM's current financial situation it wouldn't be wise to hire second shift workers and open additional plants to meet initial demand... You will be happy to hear that Camaro production will be going into overtime starting next month. Patience is a virtue...

kz1000ltd
May 15th, 09, 05:47 AM
Just found a dealership in North Texas that "supposedly" has 4 coming in today that are not already spoken for, two of them are 2SS models, a black one and a victory red one. The salesman I talked to said they would be sold at MSRP, so I'm heading down there as soon as he calls me and says they are in. I'm not holding my breath, since everyone knows you can't trust a car salesmen, but we shall see, I have my fingers crossed!!! :D

SooperDave
May 15th, 09, 07:32 AM
I can't imagine paying even a $1000 markup!! GM employees who wonder why their company is crumbling can look at this as one of the many reasons. The car business is about branding and selling as many cars as possible, not fleecing a customer once like you'll never see them again AND turning away x # of customers who are sickened by the idea of a $15,000 markup on a car that's supposed to be attainable by almost anybody!

Tarheelkidd
May 15th, 09, 11:09 AM
I was looking at the 2010 Camaro and decided to get a 1967 instead. I got tired of the dealership BS. A couple here in Gerogia took it a step further. They announced when they had one come in and held an auction for the Car. The highest bid got the car. They did this on three different Camaro's in less than a week.

68 Ragtop
May 15th, 09, 12:56 PM
I was looking at the 2010 Camaro and decided to get a 1967 instead. I got tired of the dealership BS. A couple here in Gerogia took it a step further. They announced when they had one come in and held an auction for the Car. The highest bid got the car. They did this on three different Camaro's in less than a week.
Actually, that sounds like the fairest way to do it. The buyers are local, and they are real. No games, just what the market will bear
Why should the dealer sell the first few, or any cars for that matter, below what the market will bear?
Would you rather have them sell the car on ebay or put and arbitrary mark up on the car?
There is always someone willing to pay extra to be the envy of everyone on the block.
If you want to pay sticker, put in your order and wait.
If you want it now, be prepaired to pay extra.
The Camaro is no different than any other hot model.
Do you know what the dealer auctioned cars sold for?

rob07002
May 15th, 09, 03:32 PM
Actually, that sounds like the fairest way to do it. The buyers are local, and they are real. No games, just what the market will bear
Why should the dealer sell the first few, or any cars for that matter, below what the market will bear?
Would you rather have them sell the car on ebay or put and arbitrary mark up on the car?
There is always someone willing to pay extra to be the envy of everyone on the block.
If you want to pay sticker, put in your order and wait.
If you want it now, be prepaired to pay extra.
The Camaro is no different than any other hot model.
Do you know what the dealer auctioned cars sold for?

Yes, capitalism rules, but what about the person who is buying a car now and not because he/she is a rabid Camaro lover but will buy either a Mustang, Camaro, or Challenger because they A) need a car and B) want something sporty/unique, whatever??

They go to thier local gouging Chevy dealer, want the car, but guess what, that dealer wants 5,10,15k over MSRP. Guess where that money is going...

Given the condition of the US auto business, that kind of markup whether dictated by the marketplace or just greed is not smart business and GM, although not directly responsible, should be keenly concerned and ultimately mandate that this practice cannot and should not happen.

john68
May 15th, 09, 03:36 PM
Maybe, hopefully, those are some of the shut down dealers,

68DaveV
May 15th, 09, 04:50 PM
Local Chevy dealer here has 4 they are auctioning. All proceeds being donated to the USO.

Here's the site if you want to bid: http://www.weberchevrolet.net/auction/auction.htm

68 Ragtop
May 15th, 09, 05:12 PM
Yes, capitalism rules, but what about the person who is buying a car now and not because he/she is a rabid Camaro lover but will buy either a Mustang, Camaro, or Challenger because they A) need a car and B) want something sporty/unique, whatever??.
That person will buy the car that provides the best value to them. If they place a high value on having the first Camaro on the block, they will pay over sticker, just like everyone else. If he doesn't want it that bad, send him over to the Ford lot and save the Camaro for someone willing to pay market price.

They go to thier local gouging Chevy dealer, want the car, but guess what, that dealer wants 5,10,15k over MSRP. Guess where that money is going....

Into the dealers profit column, hopefully to make up for all the rest of the less desireable cars on the lot that will sell for less than sticker.
I agree i don't like the fixed mark up, this is why I thought the dealer having a mini auction for an actual car on the lot, to local buyers who bothered to show up, would be a fair. Just bid up to what you are willing to pay, and let the guy who wants it the most have it.

Given the condition of the US auto business, that kind of markup whether dictated by the marketplace or just greed is not smart business and GM, although not directly responsible, should be keenly concerned and ultimately mandate that this practice cannot and should not happen.

It happens in all makes and markets.
Do you think you can go buy the hot new model Ferrari or Bentley at sticker?
I looked at the new BMW Mini when it came out, it was going over sticker, or had so many high profit dealer add ons it was the same as paying a premium over sticker.
I also tried to buy a new Harley 10 years ago when they couldn't make them as fast as they where selling, and it was the same thing. Over MSRP or tons of dealer ad ons.

The real enthusiest will pay up now, or wait it out. It won't be long before they are at or below sticker.

mbpenny
May 16th, 09, 05:34 AM
Um, GM Dealers are making alot of folks mad about the mark up's on the new camaro. How many years have we waited on this and look what they do, take it out of reach from the blue collar worker. " I say GM you can stick it where the sun don't shine" before i pay that mark up and better yet that 370 z don't look to bad.

ckaram
May 16th, 09, 06:57 AM
Vote with your feet. Don't go to dealerships charging over MSRP. Do the shopping and the research and you will find one to work with you.

Wonder how many dealerships over MSRP got a Fedex letter yesterday morning?

68 Ragtop
May 16th, 09, 11:44 AM
Don't forget, MSRP = Manufacturer's Suggested Retail Price

Dealers asking price can be anything.

http://i1.tinypic.com/260733q.jpg

98blackburb
May 16th, 09, 07:01 PM
We had a local car show tonight and a 2010 SS shows up, I talked quite a while to the guy. V8/Auto sold out of Rossner in Melbourne ,Fla for $38,000. Dealership was formerly
Jim Rathman Chevrolet who sold a few ZL1's in 69.

donzi4me
May 17th, 09, 09:05 PM
6 months from now they will be 6K-7K UNDER sticker. If you need it now, then pay up. I'm in the market for a new Z06....When they came out, dealers added on 10K to MSRP.. Now I can get one 13K UNDER MSRP....

Stihl
May 17th, 09, 10:02 PM
Moore's Chevrolet in South Williamson KY had a black V6 with a $7000 mark up on it. It was there on Saturday morning. I went back by there the following Friday morning and it was gone.

The Chevrolet dealership in Paintsville KY had recieved four Camaros, not sure what they were. One sold off the truck for $5000 over sticker and the others were marked up and I was told sold also but I cannot verify the others.

kz1000ltd
May 23rd, 09, 09:45 PM
Went to go look at one today at El Dorado Chevrolet in McKinney, TX........the saleman was the biggest a-hole I have ever seen at a car dealership. His arrogance and know it all attitude was astounding! They have a 2SS Orange one that has been sitting outside the dealership for 2 weeks. First question, "you aren't one of these dealerships selling above MSRP are you?" His response, "yes, they all are." I told him, "that's not true, there are many dealerships selling at MSRP, theres a list on the web, want me to show it to you?" His response, "that doesn't mean anything, they tell you that just to get you in the door, then they raise the price." OK......it went downhill from there. Bottom line, they wanted 10K over MSRP for this one, and he said they had already TURNED DOWN offers of 5K over MSRP!!! I basically told him, well, that explains why your company is bankrupt and going out of business, have a nice day jerk off. " Even my wife was flabbergasted, couldn't believe this guys attitude! Went down the street and looked at the new Challengers, and now I'm leaning in that direction, at least they aren't trying to rape their customers, and this dealership was MUCH friendlier! Anyway, wanted to share my experience, still haven't decided to pull the trigger yet, but soon...........

67sprtcp
May 24th, 09, 01:27 PM
I will not pay over sticker for a new camaro. And they wonder why they lose sales to other brands.

98blackburb
May 24th, 09, 02:39 PM
Thier cockiness is why they're on the way out . Sad thing is all the jobs that goes with it. They need to straighten up before it's too late.

kz1000ltd
May 25th, 09, 09:00 AM
Oh, and I forgot, test drives are out of the question, and to really top it off, they wouldn't even START IT so I could hear the exhuast note! It's not like the car was indoors either, he just said no, can't do it. IDIOTS!!!!!

hirpms
May 25th, 09, 11:05 AM
Come on you guys, take a deep breath. If and when I buy one, it will be exactly what I want. It won't be a six banger either.

hirpms
May 25th, 09, 11:12 AM
Look at the Mustang and the Challenger! Once the excitement settles down they will have plenty. Then they will be giving rebates on them. Especially the 6 cylinder models.

67 Convertible
May 25th, 09, 03:37 PM
Oh, and I forgot, test drives are out of the question, and to really top it off, they wouldn't even START IT so I could hear the exhuast note! It's not like the car was indoors either, he just said no, can't do it. IDIOTS!!!!!

My local dealer is selling them for sticker....there are plenty of dealers around not marking them above. When I looked at the one they had on the lot, the sales manager tossed me the keys and told me to take it for a spin....didn't even ask to see my license. He also let me take it out ALONE....highly unusual with any new car to be allowed to take it alone. :thumbsup:

68 Ragtop
May 26th, 09, 10:18 AM
Finally, Team Camaro has added a Fifth Generation Camaros for sale section in the Classifieds.

Now no one has to go to the dealer to pay a 10,000 mark up!

http://www.camaros.net/classifieds/showcat.php?cat=46

67 Convertible
May 26th, 09, 10:48 AM
Finally, Team Camaro has added a Fifth Generation Camaros for sale section in the Classifieds.

Now no one has to go to the dealer to pay a 10,000 mark up!

http://www.camaros.net/classifieds/showcat.php?cat=46


No one has to pay mark up over msrp. There are plenty of dealers out there not charging any mark up. That car is definately marked up over msrp at $44.5 I can't tell exactly what options it has, but you can order a 2SS/RS with a sunroof for about $38k. My guess is that car is at least $5k over msrp.

Steiner
May 27th, 09, 12:52 AM
GM has nothing to do with the price of what a car sells for. It is all up to the dealer and the customer. There will always be morons who will pay just to be the first to have something new. They are the first tier of the moron group who is using Barrett-Jackson and other auctions to ruin the hobby for the rest of us.

Nissan actually had a manufacturer-to-dealer conference over the price gouging that went on when the Z was reintroduced a few years back. The subject was losing repeat buyers and turning off new customers over making the quick buck with gouging.