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Technically it’s a mixed market economy. Which is not the same as a free market economy.

It’s not a free market.

Now this is what the seller on BAT says “ …you might find it most interesting to know that the community lost on this one. I got my sales tax back via a legal “in/out” transaction, but this car and many, others are being exported. GRRRR!!! We don’t know such things on BaT until the deed is...

He sold it for what he bought it for. Seller only lost out on taxes/tags/doc fee/insurance. Not a huge loss probably $3.5-$5k

Just got off the phone with Hare Honda there’s a 2 year wait list and they charge 5k over MSRP. Seller lost money.

I don’t understand why people feel the need to stretch what others say as a means to discredit them. No one is saying that a dealership has no cost. Obviously a dealership has floor plan cost, so yes they do have some “skin in the game”. However, a few hundred bucks a month to a dealership...

Vs a CVT Civic? They’re both toasters. The Tesla is just the better toaster.

We explicitly ARE NOT a free market capitalist society. We are a mixed market. That mixed market is government regulation. The same regulations that say we cannot buy from an OEM. In a truly free market anyone who wanted to sell new Hondas could. Not just a middle man.

And this thread explains why so many are perpetually in debt.

But you don’t know that flippers bought the car for MSRP. If cars were readily available at MSRP then flippers would be reliant upon someone wanting a car so badly they would be willing to pay to “skip the line”. The market would be better because MSRP would be available if a person was patient...

You paid the markup. The mental gymnastics people on this site do to justify paying 10k over MSRP horrifies me. If you’re willing to pay it that’s one thing, but you guys trying to claim you didn’t are mistaken.

It didn’t wash the markup. You chose to throw away equity for the privilege of buying a car.

The markup is never a wash. This is the poor financial thinking that keeps people from reaching their financial goals. The markup comes at the expense of time and opportunity cost. However long you worked to pay for that $5,000 ADM is now worthless. The family and friends you didn’t see, the...

Actually I’d wager flippers are much less bad than dealer markup. You see a flipper has actual skin in the game. They paid for a car, with taxes and all the fees included. This flipper needs to find someone who wants the car even more than they do. If the flipper cannot sell the car for more...

Says the Canadian. And yes, why the FK8 has held its value so strongly is a mystery to me. It’s a good car, but paying 45k for a used one? Hell no

Eh it depends like always. But the typical BMW owner especially the M4, will have one BMW dealer that they deal with and will move between cars quite frequently. This causes them to have a relationship with said dealer and makes the dealer more likely to sell at MSRP. However most people...

Oh I know. I autocross with the local Porsche Club. There’s actually a lot of debate even between them about prices. But the fact is the vast majority of enthusiasts and especially the public will never care about those cars, because they’re seen as rich people toys. (to be fair that’s what...

Anyone notice that the BAT comment section only shows one side of the argument towards flippers? It seems like anyone who is for flippers is allowed to comment but anyone who is against flippers either isn’t allowed to comment or is flagged. Btw the reason people don’t like flippers is because...

It is interesting to read that the people on BAT don’t understand the hate towards flippers. These are usually already wealthy people using their position to increase the transaction price of a car meant to be attainable. This is not unlike my experience buying a home. I was going to open...

After scouring the CivicXi forums I found a post from July 24 where the user said that Hare Honda(the dealership the car was sold at) was going to be selling the FL5 for a $5k markup and had 1 person on the list. $50k plus 7% Indiana Tax + $200 Hare Honda Doc Fee = ~$53,700. Unless the...