Market Price Adjustment on new 2010 6MT
#1
Market Price Adjustment on new 2010 6MT
I'm curious if anyone has come across the dealer adding a market adjustment price bump on the new 2010 6MT?
I recently purchased a 2010 SH-AWD 6MT, and the salesman quoted MSRP + $2000 "Market Adjustment" to the price at the start of negotiations. I told him there was no way I was paying over MSRP, and eventually they did the deal for $500 over invoice.
I just find it strange that with the trouble the auto industry has been having that instead of incentives to buy, this dealer was trying to tack on even more profit. They had done this on all of their 6MT models on the lot.
I'd be interested to see if anyone else has come across this, or if it's just an isolated case here in Colorado.
I recently purchased a 2010 SH-AWD 6MT, and the salesman quoted MSRP + $2000 "Market Adjustment" to the price at the start of negotiations. I told him there was no way I was paying over MSRP, and eventually they did the deal for $500 over invoice.
I just find it strange that with the trouble the auto industry has been having that instead of incentives to buy, this dealer was trying to tack on even more profit. They had done this on all of their 6MT models on the lot.
I'd be interested to see if anyone else has come across this, or if it's just an isolated case here in Colorado.
#2
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Even though they started $2000 over MSRP, you still bought the car didn't you (or at least agreed on a price)?
IOW, they didn't lose anything with a "Market Adjustment" and if it were someone else negotiating, they might have got, say, MSRP or $1000 over invoice.
IOW, they didn't lose anything with a "Market Adjustment" and if it were someone else negotiating, they might have got, say, MSRP or $1000 over invoice.
#5
Racer
I would call acura corporate and show them the proof and then report them to the BBB and Attorney General. I would then call my local news too. I actually carry a hidden camera WITH microphone to any car dealerships so if or when they claim to never have said something, I can show them the audio/video to see what their reaction is. I have used this once and it was hilarious, especially on the 11pm news.:angryfire
#7
In some cases, it is illegal to raise the selling price above the price posted on the car when negotiations start. If you find out halfway through that the guy is $5000 buried in his trade in, you need to markup to 'un-bury' him.
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#8
Racer
Why? They call it a Manufacturers Suggested Retail Price for a reason. When a vendor to 'forces' a selling price on a retailer, it is called Price Fixing and is illegal.
In some cases, it is illegal to raise the selling price above the price posted on the car when negotiations start. If you find out halfway through that the guy is $5000 buried in his trade in, you need to markup to 'un-bury' him.
In some cases, it is illegal to raise the selling price above the price posted on the car when negotiations start. If you find out halfway through that the guy is $5000 buried in his trade in, you need to markup to 'un-bury' him.
#9
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meh.
Other makes do it. If the dealer can actually get some poor sap to pay it, so be it.
Sincerely doubt that the AG's office will do anything about it because it doesn't fall under the price gouging definition under the law.
Other makes do it. If the dealer can actually get some poor sap to pay it, so be it.
Sincerely doubt that the AG's office will do anything about it because it doesn't fall under the price gouging definition under the law.
#10
It is also called price gouging. If you go to a supermarket and a bag of doritos is priced at $2.49 on the bag by frito lay but the store is selling it at $5, what would you do? Heck not only would I not buy it but I would be making some phone calls. The one sad truth I have learned as I have gotten older is that no one cares about nice people but everyone remembers the guy who is a jerk because you know not to piss him/her off again. I have a couple of clients who go off the wall if we don't have certain items for them. They raise hell, so we make it a particular point to make sure those items are in stock. If these same people were nice and didn't care if it was in stock or not, we wouldn't necessarily go out of our way to always keep it in stock.
Puhhhhhleeeeez....... take a chill pill.
#11
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It's called "Supply & Demand". That's NOT the same as "Price Gouging".
AND it happens with a LOT of cars. Usually higher end stuff (Shebly GT500 Mustangs, or certain Corvettes, for example).
The dealer can basically charge whatever they want. You don't like the price? Buy another car.
http://www.lmgtfy.com/?q=Define%3A+Price+Gouging&l=1
Last edited by Bearcat94; 10-28-2009 at 10:14 AM.
#13
DON'T PAY IT!! IMO, that's highway robbery, dealers trying to take advantage of something that is being hyped as being "rare". It's a mass produced car with a manual transmission for cryin' out loud! No way that it should command a premium price to be paid to the dealer that the buyer will NEVER recoup. Sure, you can't blame the dealer for trying I guess, it's the poor gullible sap who pays the extra money for nothing who is really at fault.
Ford dealerships were suckering some people in on this with the release of the "new" Thunderbird when it first came out. A year later you couldn't give them away.
I ordered a new Corvette in '00 in a color that was only 5% of production, with a long waiting list and still paid $1,500 BELOW MSRP. I guess it all boils down to whether you want to keep your money or give it away.
Ford dealerships were suckering some people in on this with the release of the "new" Thunderbird when it first came out. A year later you couldn't give them away.
I ordered a new Corvette in '00 in a color that was only 5% of production, with a long waiting list and still paid $1,500 BELOW MSRP. I guess it all boils down to whether you want to keep your money or give it away.
#14
Racer
It's called "Supply & Demand". That's NOT the same as "Price Gouging".
AND it happens with a LOT of cars. Usually higher end stuff (Shebly GT500 Mustangs, or certain Corvettes, for example).
The dealer can basically charge whatever they want. You don't like the price? Buy another car.
http://www.lmgtfy.com/?q=Define%3A+Price+Gouging&l=1
#15
I agree with your last post 'agree to disagree' but as a funny aside. In my neck of the woods, a box of cereal (Frosted Flakes for example) costs $6-8, which I believe, is much more expensive than most places.
#16
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That's cool.
But the point is "price gouging" means the thing in question is not available elsewhere. You can buy a car anywhere.
And it's not like it's some basic necessity that you have an Acura. Milk, Bread and Baby Food is one thing, but a particular brand/model of car is another.
#17
an adult perspective
Don't forget the NSX when it was first introduced. My servicing dealer boldly displayed a sticker on their showroom model which stated "Dearler Mark-up $30,000" ... which at the time was the price of the RL.
#18
Thanks! Haven't had chance to take any good pics, but here's a couple from in the garage. It's been crappy weather since I picked it up and still have the HPT on. Waiting on the other set or rims and snows. It's too bad the 18" A-Specs hanging on the back wall don't fit...
#19
DON'T PAY IT!! IMO, that's highway robbery, dealers trying to take advantage of something that is being hyped as being "rare". It's a mass produced car with a manual transmission for cryin' out loud! No way that it should command a premium price to be paid to the dealer that the buyer will NEVER recoup. Sure, you can't blame the dealer for trying I guess, it's the poor gullible sap who pays the extra money for nothing who is really at fault.
Ford dealerships were suckering some people in on this with the release of the "new" Thunderbird when it first came out. A year later you couldn't give them away.
I ordered a new Corvette in '00 in a color that was only 5% of production, with a long waiting list and still paid $1,500 BELOW MSRP. I guess it all boils down to whether you want to keep your money or give it away.
Ford dealerships were suckering some people in on this with the release of the "new" Thunderbird when it first came out. A year later you couldn't give them away.
I ordered a new Corvette in '00 in a color that was only 5% of production, with a long waiting list and still paid $1,500 BELOW MSRP. I guess it all boils down to whether you want to keep your money or give it away.
#20
Racer
#21
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Thanks! Haven't had chance to take any good pics, but here's a couple from in the garage. It's been crappy weather since I picked it up and still have the HPT on. Waiting on the other set or rims and snows. It's too bad the 18" A-Specs hanging on the back wall don't fit...
It would be fun driving in the snow with the AWD and snow tires.
Looks like you're missing a hole cap in the front bumper for the plates.
Dan
#22
BTW, the second photo looks very artistic, if photoshopped with removal of background it would almost look like the car was speeding through a storm.
#23
Drifting
#24
Correct, and it looks like the boy is well equipped, judging by the racing jack by the wall. Dunlop M series are my favorite winter shoes.
BTW, the second photo looks very artistic, if photoshopped with removal of background it would almost look like the car was speeding through a storm.
BTW, the second photo looks very artistic, if photoshopped with removal of background it would almost look like the car was speeding through a storm.
I had the Dunlop WinterSports on the '06 I traded in & those are Dunlop SportMaxx's on the 18" A-Spec rims on the rack. I'll be going with the Dunlop WinterSports again as they were great on the '06.
Thanks as well! It was just a quick adjustment. Maybe I need to go back and play around with it a bit more
#25
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Correct, and it looks like the boy is well equipped, judging by the racing jack by the wall. Dunlop M series are my favorite winter shoes.
BTW, the second photo looks very artistic, if photoshopped with removal of background it would almost look like the car was speeding through a storm.
BTW, the second photo looks very artistic, if photoshopped with removal of background it would almost look like the car was speeding through a storm.
And yeah, the pics are very nice. It makes me shiver though, thinking how cold this winter's gonna be.
BTW, looks like you got pretty good taste in choosing cars.
Those are some nice cars you had!
I also had an '04 R32 and I loved it. Lost it in an accident though.
I LOVED the S60R, but couldn't afford it at the time.
How did it drive? Compared to the SH-AWD TL?
Dan
#26
Instructor
I would call acura corporate and show them the proof and then report them to the BBB and Attorney General. I would then call my local news too. I actually carry a hidden camera WITH microphone to any car dealerships so if or when they claim to never have said something, I can show them the audio/video to see what their reaction is. I have used this once and it was hilarious, especially on the 11pm news.:angryfire
My god are you serious, that is frickin hilarious
#27
The S60R's Achilles heel was the variable (3 buttons on dash, go-kart to granny's Caddy) suspension, made the rear wobbly in high speed cornering, Mitsu Fuso like turn radius, and dim halogens. Was a blast to drive, i really landed a great lease on it, but i was lucky to be able to sell it well when one of 600 ever imported Turbo X came along. Lets put it this way the TL beats the S60R by far, but is a lot more tame than the Turbo X. I am biased but the Turbo X is a raw car, it throws itself into the twisties and XWD and passive rear steering do their magic on the narrow wheelbase, the center of gravity of the engine is in the front of the axle, so once the car grips a corner it oversteers oh so sweetly, with the eLSD doing its magic, BTW 40/60 rear biased AWD.
The UberGolf was a total blast, too bad they messed up the 2008 with no 6MT, but now the 2010 will get a turbo 4-banger and MT, there is even talk of a 5 door. I hope and pray they keep production in Bratislava, Slovakia instead of the gastarbeiter effort in Wolfsburg.
I just hope and pray that Honda/Acura keep this 6mt run going, because Honda/Acura can run circles around the Teutonic brands when it comes to reliability IMHO.
BTW are Acuras made in my home state of Ohio?
Last edited by Kandiru; 11-21-2009 at 07:58 PM.
#28
I'm curious if anyone has come across the dealer adding a market adjustment price bump on the new 2010 6MT?
I recently purchased a 2010 SH-AWD 6MT, and the salesman quoted MSRP + $2000 "Market Adjustment" to the price at the start of negotiations. I told him there was no way I was paying over MSRP, and eventually they did the deal for $500 over invoice.
I just find it strange that with the trouble the auto industry has been having that instead of incentives to buy, this dealer was trying to tack on even more profit. They had done this on all of their 6MT models on the lot.
I'd be interested to see if anyone else has come across this, or if it's just an isolated case here in Colorado.
I recently purchased a 2010 SH-AWD 6MT, and the salesman quoted MSRP + $2000 "Market Adjustment" to the price at the start of negotiations. I told him there was no way I was paying over MSRP, and eventually they did the deal for $500 over invoice.
I just find it strange that with the trouble the auto industry has been having that instead of incentives to buy, this dealer was trying to tack on even more profit. They had done this on all of their 6MT models on the lot.
I'd be interested to see if anyone else has come across this, or if it's just an isolated case here in Colorado.
The 6MT is definately not rare in my area. I just test drove one today and the dealer i went too had 5 in stock with more on order and in-transit. He was eager for me too sit down and negotiate and even mentioned the $3000 rebate that would be taken off the final negotiated price.
Sounds like in the end you got a great deal and BTW nice color choice.
Congrats.
#29
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I was surprised to find a few 6-6 in stock when I went shopping, too.
When the manual transmission cars were first arriving, many dealers in my part of the world also had market adjustments on the stickers, but they took them off within a month.
At the dealer where I purchased my car, they had my silver car on the lot since October without selling it. The black car they'd had on the lot since September without selling it.
Between the economy and the controversial styling, these great cars are not selling as well as Acura needs for them to sell, making them really tremendous buys for some of us, luckily.
:-)
When the manual transmission cars were first arriving, many dealers in my part of the world also had market adjustments on the stickers, but they took them off within a month.
At the dealer where I purchased my car, they had my silver car on the lot since October without selling it. The black car they'd had on the lot since September without selling it.
Between the economy and the controversial styling, these great cars are not selling as well as Acura needs for them to sell, making them really tremendous buys for some of us, luckily.
:-)
#30
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#31
an adult perspective
Only one thing kept me from getting an S60R, and that was the incomprehensible hi-beam set-up on the car. The idea of rotating the low beams a few degrees higher and calling them hi-beams would be of less than no use to me driving in the deer infested areas I go thru just to reach the Interstate each/every morning. The seats are by far the most comfortable seats I've even sat in, and I've not auditioned a better stock sound system in any car ... even better once you accessed the "hidden menu" for the EQ.
#32
WTF? We've had a grand total of 1 6MT that sold in 2 days! How can the distribution be so screwed up?
#33
^It's Canada and for the most part people say Acura is not selling well there. In the NE US region the most I have seen at one dealer at one time is 2. On average most higher volume dealers are seeing about one a month and the smaller will either order it for you or perhaps a swap but most don't want to trade an AT for a 6MT unless they are in the same auto group or jointly owned.
Maybe Canada gets more production of the 6MT, they also do not put as much restrictions on color and combo there. I would think that the bigger market is in the US right now overall, not necessarily for the 6MT. Maybe that's why they do it, who knows?
Maybe Canada gets more production of the 6MT, they also do not put as much restrictions on color and combo there. I would think that the bigger market is in the US right now overall, not necessarily for the 6MT. Maybe that's why they do it, who knows?
#34
an adult perspective
There's also the mindset in the eyes of the manufacturers that the American driver does not want a manual transmission. Hence the overall reluctance of Acura to provide one (only the '03 CL had one in recent history prior to the TL-S) ... Mercedes boycotting of mannies in this country (save the SLK) ... etc. Only Audi and BMW seem to realize that there is a demographic in this country who wants the 3 pedal set-up, which explains why they continue to buck the trend.
#35
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I think its probably isolated.
Greg
#36
It's well deserved. IMO, those that want a MT are a very vocal minority. I don't really think we need 10 at a time, but I think we could use a few more than we have. Also, a little 6MT advertising wouldn't hurt.
#38
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Getting a good price seems to be a hell of a lot easier if you start with the Internet and requesting a quote for a specific car.
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