Low new-car inventory has some dealers not honoring employee …

Sep 29, 2021 · The lean new-car inventory has many dealers demanding — and likely getting — full price for the handful of new cars they have on their lots. Bowman Chevrolet, which has four …

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Using Employee Discount On Marked Up Car : R/askcarsales - Reddit

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So I’m looking at buying a Veloster N. They are very low in stock and hard to find. Most dealers have the “market adjustment” on top of MSRP ($35k) which ranges from $2-$5k over. …

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Dealer Not Honoring Partner Program, What’s Next?

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The question has been answered but I wanted to tell a side story - in the Audi Facebook group I’m in people were bitching and complaining about dealers not honoring the Audi club 6% off …

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GM Employee And Supplier Pricing Have Changed. What Happened?

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Aug 16, 2021 · For all of you GM Employees, GM requires a $75 documentation fee on the sale. In our case, we have a $199 documentation fee, so there is a small amount of savings. But, …

donohoochevrolet.com

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How Long Will The Off-lease Shortfall Squeeze Used Car Supply?

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Sep 30, 2024 · The good news: While the used car market grapples with tight supply, new car inventory is bouncing back. New vehicle inventories are up 40% from a year ago—the highest …

dealershipguy.com

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Do Dealers Have Any Obligation To Meet Manufacturer Deals, And If …

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Closed-end lease based on new 2022 Forte (Model #C3422) subject to credit approval, dealer participation, and vehicle availability. Offer shown based on $3,022 due at lease signing …

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FAQs about Low new-car inventory has some dealers not honoring employee … Coupon?

How bad is the lack of new-car inventory?

The current lack of new-car inventory may be terrible for a whole host of people—sales staff who depend on commissions, auto workers facing temporary layoffs, suppliers dealing with manufacturers' temporary shutdowns, and, of course, customers—but it sure isn't terrible for one group: dealers. ...

Are GM dealers willing to apply the discount?

GM dealers can apply the discount, but some may refuse the reduced documentation fee which is also common. Dealers that are willing to apply the discount are generally more concerned with volume rather than the most margin for each vehicle. ...

Why do dealers Lazer off MSRP?

Dealers discount off the MSRP because they believe they can sell the car to the next buyer at the full MSRP, resulting in a higher profit margin for the dealer than the supplier discount price. Dealers who are okay with the discount are generally more concerned with volume and not as focused on the most margin for each vehicle. ...

What's going on with new-car inventories?

In June, new-car inventories stood at less than half of 2019 levels, according to Cox Automotive. And the crunch is only getting worse as a global shortage of computer chips continues to force automakers to idle production lines and slash manufacturing targets. ...

Are carmakers proactively managing inventory levels with planned downtime?

But now, carmakers want to keep options slim for shoppers and are racing to counteract that inventory buildup in order to keep profits flowing. "Some companies are looking to proactively manage inventory levels with planned downtime, as seen with GM's Fort Wayne and Silao production plants," Deutsche Bank analysts wrote in an April 27 note. ...

Is low inventory a sign of high demand?

But shoppers shouldn't necessarily see some automaker's low inventory as a signal of high demand for a vehicle that they'd have to pay big dollars to compete on. Having fewer vehicles available could be on purpose. ...