• Welcome to CivicXI.com everyone!

    If you're joining us from CivicX.com, then you may already have an account here!

    As long as you were registered on CivicX.com as of May 24, 2020 or earlier, then you can simply login here with the same username and password!

Insane market value adjustments everywhere

andyg

Member
First Name
Andy
Joined
Jul 8, 2021
Messages
22
Reaction score
20
Location
OC
Car(s)
0
Why is it they do this in the US? I've lived in the UK and currently live in Canada and never seen dealerships add markups like that.
Are dealers in those countries owned/operated by the manufacturer? Here in the US dealers are considered franchises and can do just about whatever they want with pricing unfortunately.
 

Shankmeyster

Senior Member
Joined
Mar 15, 2017
Messages
1,530
Reaction score
105
Location
AZ
Car(s)
2020 Civic Sport Hatch CVT, 2017 Civic Sport Hatch 6M (traded for '20)
Vehicle Showcase
1
So far as I know it's illegal in other countries but not in the US.
 

Jimi

Senior Member
Joined
Jun 26, 2021
Messages
101
Reaction score
106
Location
Port Renfrew BC
Car(s)
CTR 2019
Are dealers in those countries owned/operated by the manufacturer? Here in the US dealers are considered franchises and can do just about whatever they want with pricing unfortunately.
Canadian laws prevent dealerships selling above MSRP in Canada for a vehicle sold as new.
 

nizarz

Senior Member
Joined
Apr 1, 2017
Messages
166
Reaction score
4
Location
Ottawa, CANADA
Car(s)
2017 Civic LX
Are dealers in those countries owned/operated by the manufacturer? Here in the US dealers are considered franchises and can do just about whatever they want with pricing unfortunately.
They're franchises here in Canada too.
 

ebhaynz

Senior Member
Joined
Mar 18, 2017
Messages
369
Reaction score
96
Location
Lost Wages, Nevada
Car(s)
Civic Si 2017
Why is it they do this in the US? I've lived in the UK and currently live in Canada and never seen dealerships add markups like that.
Great question, it's a horribly unregulated industry here in the U.S. some states much worse than others. U.S. car lots are also some of the most depressing/soulless places on earth. Almost every one is the exact same. I bought my Si private party, I vow to NEVER step on a dealer lot ever again.
 

djlythium

Senior Member
Joined
Apr 29, 2019
Messages
314
Reaction score
22
Location
California
Car(s)
2019 CBP Si Coupe
Great question, it's a horribly unregulated industry here in the U.S. some states much worse than others. U.S. car lots are also some of the most depressing/soulless places on earth. Almost every one is the exact same. I bought my Si private party, I vow to NEVER step on a dealer lot ever again.
Honestly, I deal with dealers knowing I’m going to get into a psychological fight with them, and I’m like ‘try me!’ 😈. I act all innocent, like I’ve never purchased a brand new car before, then casually deny them the pleasure of all the shady, slimy, insidious tricks they try. It’s kinda funny to watch them get all flustered. 🤣 Then, we haggle about price, get to a ‘good’ compromise, and I say I need a day to think about it, and leave. If I cannot get them to budge, then ✌🏼.
 

jtrader

Senior Member
First Name
James
Joined
Aug 28, 2018
Messages
324
Reaction score
108
Location
OH
Car(s)
2018 Civic Hatch Sport, 2022 Odyssey EXL
Vehicle Showcase
1
Honestly, I deal with dealers knowing I’m going to get into a psychological fight with them, and I’m like ‘try me!’ 😈. I act all innocent, like I’ve never purchased a brand new car before, then casually deny them the pleasure of all the shady, slimy, insidious tricks they try. It’s kinda funny to watch them get all flustered. 🤣 Then, we haggle about price, get to a ‘good’ compromise, and I say I need a day to think about it, and leave. If I cannot get them to budge, then ✌🏼.
Recently, there's not much psychological fighting anymore. For most vehicles the tables have turned on us consumers. Now you pay MSRP or they'll say ✌ to you, as they can easily find someone else who will.
 

djlythium

Senior Member
Joined
Apr 29, 2019
Messages
314
Reaction score
22
Location
California
Car(s)
2019 CBP Si Coupe
Recently, there's not much psychological fighting anymore. For most vehicles the tables have turned on us consumers. Now you pay MSRP or they'll say ✌ to you, as they can easily find someone else who will.
Oh, yeah, that was before the current times. Wow, these times.
 

em804

Member
Joined
Jul 7, 2021
Messages
18
Reaction score
3
Location
Virginia
Car(s)
2022 Civic EX, 1996 TL
Why is it they do this in the US? I've lived in the UK and currently live in Canada and never seen dealerships add markups like that.
Freedom, baby, why else?

joking aside, as long as there are people willing to pay for these markups, why not? When I sold my 2010 Civic a couple of months ago, I honestly didn't think I'd get more than $2,000 for it, because of the high mileage, bad paint, multiple accidents, and on and on. Guess what? People were willing to pay waaay more than that. So why would I turn someone away who is giving me $5,000 on my janky Civic? Same with dealerships charging $4,000 over MSRP. AS long as people are willing to pay for it, dealerships will be selling them at markup.

I'm not saying this is right, it's just the reality of it.
 

squish72

Member
Joined
Sep 23, 2021
Messages
13
Reaction score
1
Location
Nv
Car(s)
16 ss camaro and soon 22 hatchback civic
a.JPG

This is why I put money down to get the first one in that area
 
Top