4 ms·

At Toyota dealers you pay over MSRP, at Tesla they just repeatedly raise the MSRP...

dmtroyer 4y ago
at least you have some idea what you’re dealing with without having to haggle with a salesperson.
frumper 4y ago
Tesla honors the price you order your Model Y at. Mine took about 3 months to get and the price did go up once during that time. I paid the original price. Fun surprise ordering a Mach-E/F-150 Lightning and the dealer charges the market adjustment on your custom ordered car. No where is that fee disclosed until you go down to the dealership to pick it up.
- pixl97 4y ago
  Eh, that doesn't even seem legal? Unless it's in a contract somewhere in very very small text.
  - frumper 4y ago
    You order it from Ford, buy it from the dealer. Ford shows you the MSRP. Dealer gets to charge you whatever they want. It doesn't feel legal. Ford has told dealers they'll be punished if they do it. Dealers are still doing it. According to the National Automobile Dealers Association, dealers average about 2k in profit on a new car. Many are adding market adjustments of 5-20k. They're multiplying the profit they make each sale. It feels very wrong, but Ford really can't do too much especially if they're all doing it in an area. https://www.onlineautodealered.com/career-central/how-much-do-car-dealers-make https://www.onlineautodealered.com/career-central/how-much-d...
  - _ea1k 4y ago
    With the Silverado EV, the fine print says this: "Manufacturer's Suggested Retail Price excludes destination freight charge, tax, title, license, dealer fees, optional equipment, and other options. Participating dealer determines final price. Estimated Destination Freight Charge is $1,695; subject to change" They are making it fairly clear that the dealer ultimately gets to set the sales price, even for reservation from before the launch.
  - PaywallBuster 4y ago
    as I've heard, they will order the car for you, but you only sign/pay for it when it has arrived. I guess due to demand and regular price increases, they don't need to worry about customers bailing out, and they can keep adding to their margin as the market rises
- timothyb89 4y ago
  Most dealers don't do this, though admittedly as another commenter mentioned, this isn't stopping the all the less scrupulous dealers. I paid MSRP for a Mach E I ordered online with relatively little fanfare, albeit with a ~10 month wait and a model year bump (for which Ford gave me a discount off the slightly higher MSRP).

at least you have some idea what you’re dealing with without having to haggle with a salesperson.

Tesla honors the price you order your Model Y at. Mine took about 3 months to get and the price did go up once during that time. I paid the original price. Fun surprise ordering a Mach-E/F-150 Lightning and the dealer charges the market adjustment on your custom ordered car. No where is that fee disclosed until you go down to the dealership to pick it up.

pixl97 4y ago
Eh, that doesn't even seem legal? Unless it's in a contract somewhere in very very small text.
- frumper 4y ago
  You order it from Ford, buy it from the dealer. Ford shows you the MSRP. Dealer gets to charge you whatever they want. It doesn't feel legal. Ford has told dealers they'll be punished if they do it. Dealers are still doing it. According to the National Automobile Dealers Association, dealers average about 2k in profit on a new car. Many are adding market adjustments of 5-20k. They're multiplying the profit they make each sale. It feels very wrong, but Ford really can't do too much especially if they're all doing it in an area. https://www.onlineautodealered.com/career-central/how-much-do-car-dealers-make https://www.onlineautodealered.com/career-central/how-much-d...
- _ea1k 4y ago
  With the Silverado EV, the fine print says this: "Manufacturer's Suggested Retail Price excludes destination freight charge, tax, title, license, dealer fees, optional equipment, and other options. Participating dealer determines final price. Estimated Destination Freight Charge is $1,695; subject to change" They are making it fairly clear that the dealer ultimately gets to set the sales price, even for reservation from before the launch.
- PaywallBuster 4y ago
  as I've heard, they will order the car for you, but you only sign/pay for it when it has arrived. I guess due to demand and regular price increases, they don't need to worry about customers bailing out, and they can keep adding to their margin as the market rises
timothyb89 4y ago
Most dealers don't do this, though admittedly as another commenter mentioned, this isn't stopping the all the less scrupulous dealers. I paid MSRP for a Mach E I ordered online with relatively little fanfare, albeit with a ~10 month wait and a model year bump (for which Ford gave me a discount off the slightly higher MSRP).