Dealer Markup? - Unofficial Honda FIT Forums

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Dealer Markup?

  #1  
Old 09-26-2011, 10:25 AM
New Member
Thread Starter
Join Date: Mar 2010
Location: Norco, California
Posts: 10
Dealer Markup?

Went out to look at Fits this weekend and noticed all Southern California Dealerships are adding 1-2K mark-up! Is this necessary? Any dealers willing to sell without mark-up?
 
  #2  
Old 09-27-2011, 09:32 AM
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Join Date: Sep 2011
Location: NH
Posts: 152
What did the call the markup? Market Value Adjustment? I saw that after I bought my Fit and the Honda dealership on a 2012 Civic Si. They adjusted it $2500 above MSRP which made it nearly $26k. They'll do that when the supply is low and/or if they're selling it quickly. It sucks because you see a car on the Honda website and the msrp says one thing and then you go to the dealership and they're charging $2500 more!
 
  #3  
Old 09-27-2011, 08:30 PM
New Member
Thread Starter
Join Date: Mar 2010
Location: Norco, California
Posts: 10
If a person pays above MSRP chances are that person will be upside down during the whole duration of the loan. In th end the dealer is hurt since that person will not be able to trade-in the car in the future.
Best to stay away or deal with the fleet manager. It is very wrong to pay over MSRP>
 

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