Quote:
Originally Posted by IcewaterPete
Quote:
Originally Posted by Luminor513
This just proves there is no "shortage" of cars. Simply dealers realizing this new way to sell cars yields significantly higher profit margins.
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You missed a step. All the people who wanted/needed a car in 2020 once supply dried up are also chasing product that 2021 buyers need/want. That's where the shortage comes in.
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That's one way to look at it. Or another is that profit margins are motivating this. When an industry is seeing once in a lifetime/historically high profits, what would be the motivation to go back to the pre-Covid business model where it was common place to see 12-14% off MSRP on most vehicles. Or maybe it's just that a lot more people want cars now. Maybe your right. 🤔