10-31-2022, 05:37 PM | #89 | ||||
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Also, there are some consumers with a warped psychology, whom feels that because they overpaid for a vehicle, even from an artificially inflated market adjustment, their vehicle is somehow now worth as much as the note, so they mentally justify their exuberance purchase. Maybe not as much as 100k markup but true story, a friend of friend ask me to print out a finalized bill of sale for him over the summer and I saw he paid 127k from a 106k MSRP for a Z06 Corvette. To me, a 21k AMD is criminal but don't blame the dealer; you find a jackass, you ride that bitch into the sunset… Unfortunately, reasonable buyers are still currently feeling the sonic boom of these financial improprieties in the automotive market.. |
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10-31-2022, 07:10 PM | #90 | |
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Per Automotive News the major lenders are already warning that many automotive loan defaults are forthcoming. The majority of borrowers bit off more then they can chew. |
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10-31-2022, 07:22 PM | #91 |
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Things are starting to normalize. RAM/Stellantis are over producing cars and you guessed it, they're starting to offer incentives! Sure some manufactures will try to hold out but there's other pressures at work as well. Higher profitability/limited production can come at the cost of lower market share. If you have one or a few vendors committed to flooding the market, it won't be long before others are forced to follow suit.
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11-01-2022, 02:43 AM | #92 |
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BMW of Ridgefield is great. Ask for Bob. I'm first on their list and awaiting my production order number one day this week. No ADM. great guys there.
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11-01-2022, 04:25 AM | #93 | |||
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