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How on earth is this related to consumer protection? It's not as if they are forcing this retroactively. They're just increasing the price for a car by $1500 an
by qeternity 4y ago
How on earth is this related to consumer protection? It's not as if they are forcing this retroactively. They're just increasing the price for a car by $1500 and including more functionality.
They are a free enterprise that can offer whichever products at whatever prices they want. And consumers are free to vote with their wallets.
- delecti 4y ago> They're just increasing the price for a car by $1500 and including more functionality From TFA, they're advertising the vehicle's MSRP without the extra $1500 cost, and that extra $1500 is not optional when you go to actually buy one.
- qeternity 4y agoNo from TFA they’re breaking it out as a separate line item. We can debate that all you like, but it’s not as if they’re just lying about the cost, or charging people more after the fact. When you go to sign the dotted line, the price includes this charge. If you don’t like it, don’t sign.
- pibechorro 4y agoIts frightening how many people think we need the government to regulate the most minute details of everything. Vote with your dollar, period, that is the only way the right feedback gets to the right issues.
- kalleboo 4y ago"The price shown should be the price paid" is not a "minute detail" it's like the fundamental basis of advertising. What's frightening is how many people believe in the myth of the free market of rational consumers.
- gangstead 4y agoIt's hard to vote with your dollar if the company can lie to you about the price. Sure in this case you'll find out the actual cost eventually but at a point where changing your vote is much harder (maybe a deposit has already been collected, credit check run, the other car you were considering has been sold etc)
- qeternity 4y agoSo are they lying or will you eventually find out the cost? Buying a car is not the hardest feat by any stretch imaginable. If you’ve put down a deposit, you will have seen the all in cost. If you don’t like it, don’t buy it.
- gangstead 4y ago> So are they lying or will you eventually find out the cost? Yes. This is the kind of deception that starts early on in the process to get you to narrow down your car selection by deceiving you on the actual price of the car. > Buying a car is not the hardest feat by any stretch imaginable. If you’ve put down a deposit, you will have seen the all in cost. If you don’t like it, don’t buy it. It's not hard, but it's definitely not pleasant, and the the auto makers and dealers can do some slimy practices. The parent comment I was replying to seemed to conflate auto makers should not be allowed to advertise an inaccurate MSRP with over-regulation. Also you are not 100% correct about deposits, just ask Bronco reservation holders who put down deposits with dealers for reservations, that later got turned into orders, that when the car arrived had thousands of dollars of surprise "ADM" (Additional Dealer Markup in Ford lingo) added to the buy sheet.
- SantalBlush 4y agoRent seeking happens precisely because voting with your dollar doesn't work well. "Vote with your dollar" is a platitude based on an oversimplified model of the economy.