****in A, if there's any mark up I'll build a Silvia like SCC, or I'll buy an Elise or an Impreza. **** a mitsu in a second, its not like they have the only good car on the market. You can't always get what you want so definitely be prepared to say **** Mitsu.

 

what ever happened to the waiting list? was there even a purpose for the waiting list if dealers are going to mark the car up that high. i think that if people are just catching on to the idea of an evo then they should have to wait to get thiers. the people on the list should get thiers first at msrp maybe a slight mark up $1.00 (sounds about right to me). first come first serve.

 

probably dealerships are just doing this to see how succesful this
would turn out to be....and how many they can fooL

*if this backfires im pretty sure getting an evo for the msrp will come

* so i guess boycott on buying an EVO till then....

 

Is there any truth to the "INVOICE" price being the dealer's cost on a car? I thought that the dealer's cost was less than the invoice as there are many other things involved in how much dealers pay for the cars they sell. I still think that the dealers still make more money (than they lead you to believe) even if they sell at (let's say) $100 over invoice. IMO of course.

 

I don't know how easy it is to get a hold of somebody at Mitsubishi to complain about price gouging, but if it's anything like trying to get a hold of the people at Ford, then I'd say "Nigh near IMPOSSIBLE!!!"

I was number one on the waiting list for a new 03 Cobra at my local dealership. What followed was a series of events where the transportation company that ships Ford's cars wrecked my Cobra (actually dropped it off a truck), Ford stopped making the one color that car looked good in, and the dealer pretty much told me, "Dude, sucks to be you." And didn't sell me a car (wouldn't even LOOK at other dealerships to find me one! For my business, I had bought 6 vehicles from them in the last three years, and this was the service I got!

So I tried to track down a customer complaints number for Ford. Nope. How about an e-mail address to send questions or concerns to? Nope. I don't think car companies WANT to hear from us. Probably afraid they'd hear assinine complaints all day about how the cupholder was too small, or the service center says my tree-climbing inspired damage isn't covered by warranty. But because of this one incedent, I will NEVER buy a Ford again. Suddenly puts an actual value sticker on listening to assinine complaints, doesn't it? Mitsubishi would do well to learn by this....

 

I told you guys this **** would happen. Do you honestly think you could get an Evo out the door for like 30K?

Don't be dillusional. Yeah dealers are *******s, so I'm going to be dealing with my friend who owns shares in Auto Nation. I get to go to the docks and pick up my Evo. No dealer, no bull****, no mark up, no made up information. I will pay way less then everyone else and pick everything I want in the car. Easy.......

If ANYONE in Cali wants an Evo, for a real good price, PM me and I will hook you up. I don't know when this will exactly happen (early next year I assume), but I will push for it really soon. I'm getting an Evo VIII so if you want to join me, feel free.

Se7en

 

Tuxedo, your experience is really disappointing. So far for me American Honda customer service has been great. From inquiries to service bulletins. I had a problem once that my dealer would not want to do a service that Honda themselves sent out nationwide. I made one call over at American Honda and right then and there they put me on hold to call my dealer service center and then the dealer suddenly changed their story to "they did not have the parts in yet". The rep and I knew what's up though and she simply apologized for the inconvenience and said that if the dealer gives me any problems to give her a call, she gave me her name and number.

Now that's the kind of service I hope Mitsubishi will have. Has everyone gotten above average customer service from Mitsu. USA?

 

I'm glad to hear that about Honda! It's good to know that such a high volume car manufacturer actually cares what their customers think. I know that BMW is renowned for their customer service, as is Jaguar apparently. But I've never had the chance to buy a Mitsu, so I don't know what to expect.

 

The Invoice price is the dealers cost for a car. It will include the amount the dealer paid for the car plus destination plus association fee. The invoice also contains an amount for Holdback/Flooring. This is usually a percentage of invoice and is designed to reimburse the dealer for expenses incurred in having to inventory the vehicle, since manufacturers no longer inventory cars like they used to. Holdback/flooring is usually reimbursed on a quarterly basis. Holdback/flooring is what allows a dealer to sell a car at $100 over without taking a huge loss. There's enough there to pay salaries/commissions, heat and electricity bills and so on, but $100-over is not exactly profitable.

As a point of interest the markup between invoice and MSRP drops every year. 5 years ago a $21k Mitsubishi would have had perhaps as much as $2,500 markup in it. We could discount it $1,000 or even $1,500 and still make a little money and a modest commission but the customer was paying 9% interest. Today a Mitsubishi in that price range might have $1,100-1,200 markup in it and those folks who bought cars 5 years ago expect to get "the same deal" they got last time. Now a $1,500 discount isn't even possible and $1,000 gets us down close to cost and a mini commission - but the customer might pay as little as 0% interest on the loan and their payment is dramatically lower, even with a smaller discount. The savings isn't in the discount on the car anymore - we ain't got the room. It's in the financing.

 

I assume this was directed at me, if not I apologize.
You need reread my post. I didn't say anything about 10K over msrp, or "market adjustment." The rest of your post is barely legible, if your gonna "take someone down" you might want to try to make it so people can understand you. Otherwise you sound like a blabbering idiot.

 

Mark F

Thanks for the info. Sure you have to earn a living too. I know that I joined this board to learn about the EVO and find out about the release. But as the time gets closer, I understand the disapointment of other subscibers of this board on price gouging. I for one am also. I'm sure you could relate to our sentiment on this issue. Unlike you, there are dealers in my area have told me that they're marking-up. I mean, sure, there are certainly members here that have the money to say: if you can't afford it, don't buy it! It is easy for these people to pay $5k - $10k over sticker. But what about those who could afford to buy a $30k car and can't because of gouging? Again, let's wait and see. For those who can't afford it...just wait. I know I will. Unless for some reason the EVO will be discontinued in the near future...be patient.

My .02

 

My store is currently one of the last holdouts at MSRP but I don't know if that will last. I can easily see us going to maybe $1,000-over, but probably not more than that.

Realistically, I can see up to $5k markups on the coasts, but no more than $2,500 inland. Yeah, dealers might say they want $10k over but they won't be getting it.

 

Jay, where are you? Jaaaay!!!??? Come on, now we want to hear your response to our input.

 

I think everyone is forgetting the main thing that every dealership is counting on......


There is a SUCKER born every minute.


Just DON'T be that sucker and if you are there at the dealership while there IS a sucker, try to enlighten him/her. Everyone potential buyer of the Evo will thank you for it.


(PS. This might not be realistic but every little bit helps.)