2nd Generation (GE 08-13) 2nd Generation specific talk and questions here.

WTF? $1,000 "Market Adjustment" fee????

Thread Tools
 
Search this Thread
 
Old Aug 23, 2008 | 01:47 AM
  #21  
doctordoom's Avatar
Supervillain
iTrader: (7)
Joined: Sep 2006
Posts: 4,261
From: Los Angeles/Orange County
5 Year Member
yeah i don't know why people are giving him such a hard time because he doesn't like the idea of spending another grand on his car purchase. you can break it down however you want, but it's still $1000...
 
Old Aug 23, 2008 | 01:59 AM
  #22  
shudderbug's Avatar
Member
Joined: Jul 2007
Posts: 146
From: California
Originally Posted by carramrod
So doing what i said not eating out once a week can justify saving up for a vacction but not a CAR!!! wow your logic if flawed my friend.
I think Promed's logic (to say nothing of his grammar, punctuation, and spelling) is a lot better than yours.
 
Old Aug 23, 2008 | 02:00 AM
  #23  
Will I Am fit.'s Avatar
Formerly "bitoy"
5 Year Member
iTrader: (16)
Joined: Nov 2007
Posts: 1,172
From: SOCAL
Don't pay a 1k for that BS thing they ask. when I bought my fit a year a go at first I went to DIAMOND BAR HONDA and they ask for $2500 market BS adjustment I said no I ain't paying for that so I drove off and look for another dealer then I got to robertson honda in NOHO and just paid MSRP. so search some more, there will always be a fit it might not be now but you'll find one eventually.
 
Old Aug 23, 2008 | 02:03 AM
  #24  
carramrod's Avatar
Member
Joined: Jul 2008
Posts: 58
From: San Diego, Ca
Ya it is still 1000 dollars and ya i will break it down how ever i want.

I can begg for 2 dollars and 70 cents a day.

hell i can turn in soda cans for 2.70 a day.

1000 dollars when financing is not a lot.

Interest rates dont count as that is all on u!

ohh and be sure next time your gas goes up u all protest outside and not drive your fits cuz the concept is total bs.

Not giving him a hard time just trying to help him relize his dreams are not so far off. Its everyone that say ohh its his money he can do what he wants or 1000 is a lot blah blah blah is the ture debby downers in the thread.
 
Old Aug 23, 2008 | 02:12 AM
  #25  
ProMed's Avatar
Member
Joined: May 2008
Posts: 519
From: North Carolina
Originally Posted by carramrod
So doing what i said not eating out once a week can justify saving up for a vacction but not a CAR!!! wow your logic if flawed my friend.
Sorry but your logic in that little comparison is flawed and clearly you are not "getting it".

The not eating out once a week is not being done to "buy a car", it is being done to pay an extra $1,000 for a car. The guy is already going to "buy the car", at MSRP no less which already has a built in profit for the dealer. Why should he be forced to sacrifice $1,000 more so the dealership can squeeze another grand out his pockets?

For that extra $1,000 dollars he get NOTHING in return, nothing zip zada, except of course a higher payment if he is financing. The dealer however gets an extra $1,000, how sweet.

Originally Posted by carramod
I use to sell cars and i never understood why this broke deals so much. Stope eating out 1 night out of the week and theres your 20 bucks a month and more.

And i dont let anything stand in the way of my dreams and neither should u
We are talking about overpaying for a car here, not obtaining dreams. Do you really not understand why $1,000 can "broke deals so much"??? Obviously that dealership mindset hasn't yet worn out of your system.
 
Old Aug 23, 2008 | 02:51 AM
  #26  
Cosmo's Avatar
Member
Joined: Nov 2006
Posts: 98
From: Little Rock, Arkansas
It's the law of supply and demand. The supply is going to be short for the forseable future. Just because fuel prices are dropping now, let something else happen in the middle east and we'll be right back to $4-$5 a gallon or more average again. Then let's see if $1000 over MSRP will buy it. Then again, maybe you are all correct, maybe all the dealers out there are going to be happy with just making the $600 or so front end profit and all the salesman out there are going to be falling all over each other to make a mini ($100) commission to sell this car for less than the short supply deams it will bring. In all seriousness, if he does find one that will sell him the exact car he wants for MSRP I think he will be extremely lucky. Didn't we see dealers asking $2K-$3K over MSRP a few months ago on remaining 08's? If the dealers didn't think people will buy it for what ever they ask for it, they would lower the price. Has anyone ever thought that the dealers are marking it up a $1000 to discount it to MSRP so the customer feels like he got a deal? So paying MSRP will sit better with them?

BTW Fitlurker, .67 X 30 = 20.10 X 60 (the average car loan today) = 1206.00 including iterest for 5 years (assuming he has $hitty credit and can't get better than 9% or so interest rate). If he is like the average American and only keeps his car for 3-3 1/2 years it only comes to 725 - 845.

I'll bet more than a few on this forum pi$$ away 3 times that on booze/lottery tickets/pay per view porn/cigarettes...etc... in a year, let alone on 4 - 5 years and have absolutely nothing to show for it. Just my $.02
 

Last edited by Cosmo; Aug 23, 2008 at 02:53 AM.
Old Aug 23, 2008 | 02:54 AM
  #27  
zachimal's Avatar
Member
Joined: Aug 2008
Posts: 31
From: Rock Hill, SC
Agreed ProMed, not worth it to overpay when there definitely are other dealers out there. I would suggest getting quotes from all the dealers in around a 100 mile radius from where you live. You're bound to get MSRP at least from shopping around like that. There are many buyers' guides around with tools to help you do this, like edmunds.com. Hell even if you have to go 2-300 miles away you're still not paying an extra grand.

Don't settle for this unless it is an urgent matter and you absolutely can't find another dealer selling for cheaper.
 
Old Aug 23, 2008 | 03:13 AM
  #28  
bbpGEftmfw's Avatar
Member
Joined: Aug 2008
Posts: 55
From: So Cal, CA
That sucks man, Im with the rest of the guys, go shop it until you get the fair price. I just put my deposit down yesterday and am garunteed to pay msrp. I know I have to wait until like november or late october for my car, but I'm getting the color I want and no 16 year old kid will be test driving it at all. You just have to be patient if you really want it. Other wise buy a civic. They just had a minor model change and there will be more of those on the lot.
 
Old Aug 23, 2008 | 03:32 AM
  #29  
NaTuReB0Y's Avatar
Member
Joined: Oct 2006
Posts: 344
From: Southern Cal
Give me a $1,000
 
Old Aug 23, 2008 | 03:38 AM
  #30  
Chikubi's Avatar
Member
5 Year Member
iTrader: (2)
Joined: Mar 2006
Posts: 1,131
From: Desk
Originally Posted by Cosmo
It's the law of supply and demand. The supply is going to be short for the forseable future. Just because fuel prices are dropping now, let something else happen in the middle east and we'll be right back to $4-$5 a gallon or more average again. Then let's see if $1000 over MSRP will buy it. Then again, maybe you are all correct, maybe all the dealers out there are going to be happy with just making the $600 or so front end profit and all the salesman out there are going to be falling all over each other to make a mini ($100) commission to sell this car for less than the short supply deams it will bring. In all seriousness, if he does find one that will sell him the exact car he wants for MSRP I think he will be extremely lucky. Didn't we see dealers asking $2K-$3K over MSRP a few months ago on remaining 08's? If the dealers didn't think people will buy it for what ever they ask for it, they would lower the price. Has anyone ever thought that the dealers are marking it up a $1000 to discount it to MSRP so the customer feels like he got a deal? So paying MSRP will sit better with them?

BTW Fitlurker, .67 X 30 = 20.10 X 60 (the average car loan today) = 1206.00 including iterest for 5 years (assuming he has $hitty credit and can't get better than 9% or so interest rate). If he is like the average American and only keeps his car for 3-3 1/2 years it only comes to 725 - 845.

I'll bet more than a few on this forum pi$$ away 3 times that on booze/lottery tickets/pay per view porn/cigarettes...etc... in a year, let alone on 4 - 5 years and have absolutely nothing to show for it. Just my $.02
Let me tell you, after 2 1/2 years on this board watching people buy their Fits and posting about it, this is a crock of $hit. There is NO reason to pay anything more than MSRP no matter what the demand is. You can always find a dealer that'll sell for MSRP if you look around and are willing to do some leg work. I bought my Fit 4/20/06 -- the very first day they were released for sale. Dealer had 4 in stock, all sold that day, mine was 3rd in line. I paid MSRP and not a penny more, as did everyone else. Fit demand has been high ever since the beginning yet LOTS of people got their's for MSRP or less even, and still are. You may have to wait some, but that's better than paying for nothing.

And for the record, I'd rather pay $1000 to watch PPV porn and get my rocks off than get fck'd in the a$$ by a dealer trying to make a quick buck.
 
Old Aug 23, 2008 | 04:02 AM
  #31  
Tofuman's Avatar
Member
5 Year Member
iTrader: (10)
Joined: Jan 2008
Posts: 1,725
From: Tustin, CA
yeah, these car dealerships act like they're selling a nintendo wii on ebay with a mark up.

$1000 could buy a coilover suspension.
 
Old Aug 23, 2008 | 04:06 AM
  #32  
JDM_DOHC_SiR's Avatar
Retired Moderator
iTrader: (49)
Joined: Jan 2006
Posts: 2,804
From: San Diego, CA
Originally Posted by Chikubi
And for the record, I'd rather pay $1000 to watch PPV porn and get my rocks off than get fck'd in the a$$ by a dealer trying to make a quick buck.
Thanks for my new signature
 
Old Aug 23, 2008 | 04:41 AM
  #33  
enjoito's Avatar
Member
iTrader: (12)
Joined: Jun 2008
Posts: 1,391
From: 808 state
Originally Posted by JDM_DOHC_SiR
Thanks for my new signature
lol thats hella funny but yea i wouldnt wanna pay that extra 1k mark up i would say to them well i'll just pick up a versa and modd the hell out of it with the extra 3k i would have. see what they say.
 
Old Aug 23, 2008 | 05:37 AM
  #34  
Fitlurker's Avatar
Member
Joined: Aug 2008
Posts: 194
From: Canada
Originally Posted by Cosmo
It's the law of supply and demand. The supply is going to be short for the forseable future. Just because fuel prices are dropping now, let something else happen in the middle east and we'll be right back to $4-$5 a gallon or more average again. Then let's see if $1000 over MSRP will buy it. Then again, maybe you are all correct, maybe all the dealers out there are going to be happy with just making the $600 or so front end profit and all the salesman out there are going to be falling all over each other to make a mini ($100) commission to sell this car for less than the short supply deams it will bring. In all seriousness, if he does find one that will sell him the exact car he wants for MSRP I think he will be extremely lucky. Didn't we see dealers asking $2K-$3K over MSRP a few months ago on remaining 08's? If the dealers didn't think people will buy it for what ever they ask for it, they would lower the price. Has anyone ever thought that the dealers are marking it up a $1000 to discount it to MSRP so the customer feels like he got a deal? So paying MSRP will sit better with them?

BTW Fitlurker, .67 X 30 = 20.10 X 60 (the average car loan today) = 1206.00 including iterest for 5 years (assuming he has $hitty credit and can't get better than 9% or so interest rate). If he is like the average American and only keeps his car for 3-3 1/2 years it only comes to 725 - 845.

I'll bet more than a few on this forum pi$$ away 3 times that on booze/lottery tickets/pay per view porn/cigarettes...etc... in a year, let alone on 4 - 5 years and have absolutely nothing to show for it. Just my $.02
That is certainly one way to look at it but what if he invests that $1000 which he does not necessary need to spend at 9% return. After 3-3.5 years he's now saved up $1725- $1845. Even more if you consider compound interest. Just my thoughts.

FitLurkerNoMore
 
Old Aug 23, 2008 | 09:59 AM
  #35  
Blazer Deli's Avatar
Member
5 Year Member
Joined: Aug 2005
Posts: 123
From: Madison, AL
Originally Posted by Cosmo
Yup...he's going to let less than 67 cents a day get between him and what he wants. That isn't even what a candy bar in a vending machine costs.
Apparently there are some well off fit owners that would part with $1,000 for no reason. If that is the case, you can surely send me a grand via paypal.
 
Old Aug 23, 2008 | 10:02 AM
  #36  
zukered's Avatar
Member
5 Year Member
Joined: May 2008
Posts: 174
From: Ottawa, Canada
LOL... I'm somewhat sympathetic, but as a Canadian the MSRP on our Fit is already several thousand dollars above yours (2008 US Sport trim is $15270, ours is $19580!), and we get hit with a $1295 "pre delivery inspection" fee which no one has successfully negotiated away.

That all means squat since you're comparing against what other Americans are paying, but I still get to shake my head and chuckle
 
Old Aug 23, 2008 | 11:05 AM
  #37  
somdamon's Avatar
Member
Joined: Aug 2008
Posts: 137
From: Boston, MA
Originally Posted by carramrod
when i was selling cars we were always told to break the price down into smaller numbers eaiser to relate to. Like i said above not going out to eat 5 times out of the week only go like 4. I mean if u just cut back a little and i mean a little on some of the other things u will be amazed on how much money can show up in your wallet ready to buy bigger and better things.

It really does come down to how you choose to look at things. Apply this to all areas of life and everything really begins to change.

Mmmmh...maybe I should rethink that BMW!
 
Old Aug 23, 2008 | 11:08 AM
  #38  
somdamon's Avatar
Member
Joined: Aug 2008
Posts: 137
From: Boston, MA
Originally Posted by Cosmo
Yup...he's going to let less than 67 cents a day get between him and what he wants. That isn't even what a candy bar in a vending machine costs.

Wow! That really puts it in perspective!!
 
Old Aug 23, 2008 | 11:18 AM
  #39  
mdm427's Avatar
Member
Joined: May 2008
Posts: 170
From: McDonough, GA
Wow, I am really surprised! So many of you guys are a car salesman's dream customer. Just roll over and get out the checkbook! Never, and I mean NEVER let a salesman know the amount of the monthly payment is all you're interested in.

As far as the "market adjustment", I wonder if this same dealer would be willing to take $1,000 off the price of a Ridgeline, since the market for big SUVs is in the crapper.
 
Old Aug 23, 2008 | 11:23 AM
  #40  
niko3257's Avatar
FitFreak GE8 DIY Guy
iTrader: (3)
Joined: Aug 2008
Posts: 1,929
From: Palm Coast FLA
5 Year Member
look if you don't want to pay 1k then you don't have to.
just do yourself a favor and call around.
i did and found plent of dealers that want to sell at msrp.
 



All times are GMT -4. The time now is 06:09 PM.