Mort

Ruel Smith wrote:
> Mort wrote:
>
>
>>John Davies wrote:
>>
>>>On Sat, 14 May 2005 00:29:56 -0700, "Doug" <pigdos@nospamcharter.net>
>>>wrote:
>>>
>>>
>>>
>>>>I was just wondering how much the markup was from say, the cost to
>>>>actually manufacture the vehicle (labor and parts but not R&D).
>>>
>>>
>>>Well, the dealers don't get that profit, the manufacturers do. And
>>>they don't make any profit on some cars - the MSRP for the Prius
>>>hybrid is something like $5000 LESS than they cost to build. The
>>>manufacturers make up for this loss with highly profitable SUVs.
>>>
>>>John Davies
>>
>>About a month ago we got a new truck at work. 2005 Ram SLT. The window
>>sticker that was on it was for $32,000 CDN MSRP. We paid $24,000
>>through GE Fleet/Capital. The dealer said they onl make $150 on each
>>vehicle they sell that goes through GE fleet. I don't know if this is a
>>standard markup but I'm sure the average Joe couldn't get that truck for
>>the $24,000.
>
>
> They made about $150 from the buyer (yes, that's from actual, bottomline
> cost), but DaimlerChrysler probably sent them a check for about $450 more
> through the fleet program.
>
But look at how much they would have made if they had sold it to average
Joe. He's have to dicker them down $8,000 to get the same price. I've
never seen a dealer drop $8,000 on a vehicle in that price range.

Mort

Ruel Smith wrote:
> Mort wrote:
>
>
>>John Davies wrote:
>>
>>>On Sat, 14 May 2005 00:29:56 -0700, "Doug" <pigdos@nospamcharter.net>
>>>wrote:
>>>
>>>
>>>
>>>>I was just wondering how much the markup was from say, the cost to
>>>>actually manufacture the vehicle (labor and parts but not R&D).
>>>
>>>
>>>Well, the dealers don't get that profit, the manufacturers do. And
>>>they don't make any profit on some cars - the MSRP for the Prius
>>>hybrid is something like $5000 LESS than they cost to build. The
>>>manufacturers make up for this loss with highly profitable SUVs.
>>>
>>>John Davies
>>
>>About a month ago we got a new truck at work. 2005 Ram SLT. The window
>>sticker that was on it was for $32,000 CDN MSRP. We paid $24,000
>>through GE Fleet/Capital. The dealer said they onl make $150 on each
>>vehicle they sell that goes through GE fleet. I don't know if this is a
>>standard markup but I'm sure the average Joe couldn't get that truck for
>>the $24,000.
>
>
> They made about $150 from the buyer (yes, that's from actual, bottomline
> cost), but DaimlerChrysler probably sent them a check for about $450 more
> through the fleet program.
>
But look at how much they would have made if they had sold it to average
Joe. He's have to dicker them down $8,000 to get the same price. I've
never seen a dealer drop $8,000 on a vehicle in that price range.

Mort

Ruel Smith wrote:
> Mort wrote:
>
>
>>John Davies wrote:
>>
>>>On Sat, 14 May 2005 00:29:56 -0700, "Doug" <pigdos@nospamcharter.net>
>>>wrote:
>>>
>>>
>>>
>>>>I was just wondering how much the markup was from say, the cost to
>>>>actually manufacture the vehicle (labor and parts but not R&D).
>>>
>>>
>>>Well, the dealers don't get that profit, the manufacturers do. And
>>>they don't make any profit on some cars - the MSRP for the Prius
>>>hybrid is something like $5000 LESS than they cost to build. The
>>>manufacturers make up for this loss with highly profitable SUVs.
>>>
>>>John Davies
>>
>>About a month ago we got a new truck at work. 2005 Ram SLT. The window
>>sticker that was on it was for $32,000 CDN MSRP. We paid $24,000
>>through GE Fleet/Capital. The dealer said they onl make $150 on each
>>vehicle they sell that goes through GE fleet. I don't know if this is a
>>standard markup but I'm sure the average Joe couldn't get that truck for
>>the $24,000.
>
>
> They made about $150 from the buyer (yes, that's from actual, bottomline
> cost), but DaimlerChrysler probably sent them a check for about $450 more
> through the fleet program.
>
But look at how much they would have made if they had sold it to average
Joe. He's have to dicker them down $8,000 to get the same price. I've
never seen a dealer drop $8,000 on a vehicle in that price range.

Mike Romain

By the by, your computer clock is off by 12 hours or your timezone is
way off...

Mike
86/00 CJ7 Laredo, 33x9.5 BFG Muds, 'glass nose to tail in '00
88 Cherokee 235 BFG AT's

Ruel Smith wrote:
>
> Mort wrote:
>
> > But look at how much they would have made if they had sold it to average
> > Joe. He's have to dicker them down $8,000 to get the same price. I've
> > never seen a dealer drop $8,000 on a vehicle in that price range.
>
> Are you kidding? They were offering $10,000 off of Chevy trucks in the paper
> here locally, recently, and $8000 off Fords. That's rebates and all, which
> is exactly what that dealership gave that company. The fleet program is
> nothing magical. With a company on a fleet program, they buy lots of
> vehicles, which is basically buying in bulk. They have to sign up with the
> fleet program with the manufacturer, and the manufacturer, therefore, gives
> them a break and compensates the dealerships a little. The purchase price
> is still above the actual bottom dollar cost to the dealership. There is up
> to $4500 in rebates on that truck - $3500 on regular cabs and $4500 on Quad
> Cab.
>
> With the fleet program, they usually pay more than the manufacturer's
> employees do, which is usually within $1000 of what the average Joe can buy
> the thing for. A friend recently bought a Chevy truck, and tried to get the
> GM discount because his uncle was GM, but he didn't qualify. He was put
> off, but I told him at invoice he'd be less than $1000 more, and at
> $24,000, it wouldn't make much difference on the monthly payment. It ended
> up costing him $14 more a month, not qualifying for the GM discount, which
> is a bit less than the fleet program. Normally, dealerships sell fleet
> vehicles at invoice less rebates and the fleet discount. I believe when I
> sold, GM's fleet discount was something like $650 less than what the
> dealership charged, and he could charge whatever he could get out of the
> car. Therefore, a fleet customer couldn't walk into a Ford dealership and
> get a Ford GT for less than invoice. He gets whatever the dealership sells
> it at, less the fleet discount the manufacturer gives.
>
> --
>
>
> Registered Linux user #378193

Mike Romain

By the by, your computer clock is off by 12 hours or your timezone is
way off...

Mike
86/00 CJ7 Laredo, 33x9.5 BFG Muds, 'glass nose to tail in '00
88 Cherokee 235 BFG AT's

Ruel Smith wrote:
>
> Mort wrote:
>
> > But look at how much they would have made if they had sold it to average
> > Joe. He's have to dicker them down $8,000 to get the same price. I've
> > never seen a dealer drop $8,000 on a vehicle in that price range.
>
> Are you kidding? They were offering $10,000 off of Chevy trucks in the paper
> here locally, recently, and $8000 off Fords. That's rebates and all, which
> is exactly what that dealership gave that company. The fleet program is
> nothing magical. With a company on a fleet program, they buy lots of
> vehicles, which is basically buying in bulk. They have to sign up with the
> fleet program with the manufacturer, and the manufacturer, therefore, gives
> them a break and compensates the dealerships a little. The purchase price
> is still above the actual bottom dollar cost to the dealership. There is up
> to $4500 in rebates on that truck - $3500 on regular cabs and $4500 on Quad
> Cab.
>
> With the fleet program, they usually pay more than the manufacturer's
> employees do, which is usually within $1000 of what the average Joe can buy
> the thing for. A friend recently bought a Chevy truck, and tried to get the
> GM discount because his uncle was GM, but he didn't qualify. He was put
> off, but I told him at invoice he'd be less than $1000 more, and at
> $24,000, it wouldn't make much difference on the monthly payment. It ended
> up costing him $14 more a month, not qualifying for the GM discount, which
> is a bit less than the fleet program. Normally, dealerships sell fleet
> vehicles at invoice less rebates and the fleet discount. I believe when I
> sold, GM's fleet discount was something like $650 less than what the
> dealership charged, and he could charge whatever he could get out of the
> car. Therefore, a fleet customer couldn't walk into a Ford dealership and
> get a Ford GT for less than invoice. He gets whatever the dealership sells
> it at, less the fleet discount the manufacturer gives.
>
> --
>
>
> Registered Linux user #378193

Mike Romain

By the by, your computer clock is off by 12 hours or your timezone is
way off...

Mike
86/00 CJ7 Laredo, 33x9.5 BFG Muds, 'glass nose to tail in '00
88 Cherokee 235 BFG AT's

Ruel Smith wrote:
>
> Mort wrote:
>
> > But look at how much they would have made if they had sold it to average
> > Joe. He's have to dicker them down $8,000 to get the same price. I've
> > never seen a dealer drop $8,000 on a vehicle in that price range.
>
> Are you kidding? They were offering $10,000 off of Chevy trucks in the paper
> here locally, recently, and $8000 off Fords. That's rebates and all, which
> is exactly what that dealership gave that company. The fleet program is
> nothing magical. With a company on a fleet program, they buy lots of
> vehicles, which is basically buying in bulk. They have to sign up with the
> fleet program with the manufacturer, and the manufacturer, therefore, gives
> them a break and compensates the dealerships a little. The purchase price
> is still above the actual bottom dollar cost to the dealership. There is up
> to $4500 in rebates on that truck - $3500 on regular cabs and $4500 on Quad
> Cab.
>
> With the fleet program, they usually pay more than the manufacturer's
> employees do, which is usually within $1000 of what the average Joe can buy
> the thing for. A friend recently bought a Chevy truck, and tried to get the
> GM discount because his uncle was GM, but he didn't qualify. He was put
> off, but I told him at invoice he'd be less than $1000 more, and at
> $24,000, it wouldn't make much difference on the monthly payment. It ended
> up costing him $14 more a month, not qualifying for the GM discount, which
> is a bit less than the fleet program. Normally, dealerships sell fleet
> vehicles at invoice less rebates and the fleet discount. I believe when I
> sold, GM's fleet discount was something like $650 less than what the
> dealership charged, and he could charge whatever he could get out of the
> car. Therefore, a fleet customer couldn't walk into a Ford dealership and
> get a Ford GT for less than invoice. He gets whatever the dealership sells
> it at, less the fleet discount the manufacturer gives.
>
> --
>
>
> Registered Linux user #378193

Mike Romain

By the by, your computer clock is off by 12 hours or your timezone is
way off...

Mike
86/00 CJ7 Laredo, 33x9.5 BFG Muds, 'glass nose to tail in '00
88 Cherokee 235 BFG AT's

Ruel Smith wrote:
>
> Mort wrote:
>
> > But look at how much they would have made if they had sold it to average
> > Joe. He's have to dicker them down $8,000 to get the same price. I've
> > never seen a dealer drop $8,000 on a vehicle in that price range.
>
> Are you kidding? They were offering $10,000 off of Chevy trucks in the paper
> here locally, recently, and $8000 off Fords. That's rebates and all, which
> is exactly what that dealership gave that company. The fleet program is
> nothing magical. With a company on a fleet program, they buy lots of
> vehicles, which is basically buying in bulk. They have to sign up with the
> fleet program with the manufacturer, and the manufacturer, therefore, gives
> them a break and compensates the dealerships a little. The purchase price
> is still above the actual bottom dollar cost to the dealership. There is up
> to $4500 in rebates on that truck - $3500 on regular cabs and $4500 on Quad
> Cab.
>
> With the fleet program, they usually pay more than the manufacturer's
> employees do, which is usually within $1000 of what the average Joe can buy
> the thing for. A friend recently bought a Chevy truck, and tried to get the
> GM discount because his uncle was GM, but he didn't qualify. He was put
> off, but I told him at invoice he'd be less than $1000 more, and at
> $24,000, it wouldn't make much difference on the monthly payment. It ended
> up costing him $14 more a month, not qualifying for the GM discount, which
> is a bit less than the fleet program. Normally, dealerships sell fleet
> vehicles at invoice less rebates and the fleet discount. I believe when I
> sold, GM's fleet discount was something like $650 less than what the
> dealership charged, and he could charge whatever he could get out of the
> car. Therefore, a fleet customer couldn't walk into a Ford dealership and
> get a Ford GT for less than invoice. He gets whatever the dealership sells
> it at, less the fleet discount the manufacturer gives.
>
> --
>
>
> Registered Linux user #378193

Ruel Smith

Mike Romain wrote:

> By the by, your computer clock is off by 12 hours or your timezone is
> way off...

Thanks! I didn't notice... It said 8:08 here when I read this, but I
couldn't tell if it was am or pm. I finally figured it out. Thanks...


--



Registered Linux user #378193

Ruel Smith

Mike Romain wrote:

> By the by, your computer clock is off by 12 hours or your timezone is
> way off...

Thanks! I didn't notice... It said 8:08 here when I read this, but I
couldn't tell if it was am or pm. I finally figured it out. Thanks...


--



Registered Linux user #378193

Ruel Smith

Mike Romain wrote:

> By the by, your computer clock is off by 12 hours or your timezone is
> way off...

Thanks! I didn't notice... It said 8:08 here when I read this, but I
couldn't tell if it was am or pm. I finally figured it out. Thanks...


--



Registered Linux user #378193