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People said this at the height of the used car shortage. It still wasn't true. In my experience, suckers were buying Corollas at 25%+(!) over MSRP. All I had to
by andrewmcwatters 4y ago
People said this at the height of the used car shortage. It still wasn't true. In my experience, suckers were buying Corollas at 25%+(!) over MSRP. All I had to do was go to another dealership.
Let me put it this way: you've got the entire continental US you can buy a car from and shipping a vehicle coast-to-coast usually costs under $2,000.
So, what do you think is truer? Is the market excruciatingly tight, or are there just a lot of people making bad purchases out there?
- jancsika 4y ago> So, what do you think is truer? Is the market excruciatingly tight, or are there just a lot of people making bad purchases out there? At least for the Prius Prime someone wrote a script to grab the data which you can peruse[1]. E.g., for 6/30/22 there were 113 LEs, 99 XLEs, and 18 Limiteds that weren't listed as presold on that spreadsheet. I spot checked both by enumerating through Toyota's list of dealerships and emailing roughly 50 dealerships. Based on the response I'd say even in July only 10% of those numbers were actually available. And cut that in half once I let them know I was inquiring out of state. Average markup over MSRP was probably 5k. (Outlier was 20k "market adjustment" :) So regardless of whether people are making bad purchases, the market is exceedingly tight. https://www.reddit.com/r/PriusPrime/comments/vcajy9/2022_prius_primes_allocation_spreadsheet_updates/ https://www.reddit.com/r/PriusPrime/comments/vcajy9/2022_pri...