Consider the Price Gouging Officially Over

[Tellthemride]

I wish the FBI would step in to do something about dealers marking up Telly’s like they did for this guy price gouging face masks.

A Man In New York Was Allegedly Hoarding And Selling Scarce Coronavirus Supplies At Extreme Prices

One doctor who bought supplies from the man told authorities that he had enough protective and sanitization materials "to outfit an entire hospital."

www.buzzfeednews.com

 

[NorthernTelluride]

Didn't read all 6 pages, but here in Canada I purchased a SX limited model, all options except the Napa leather, and could find no discounts from list anywhere I looked. I did get a fairly good deal on my trade-in. In my research for the Telluride and Palisade I found no evidence of dealer gouging.

 

[YEH]

I wish the FBI would step in to do something about dealers marking up Telly’s like they did for this guy price gouging face masks.

Totally different things.

There are laws against raising prices of necessities during times of disaster.

There's nothing illegal about dealerships charging what the market may bear; the S in MSRP is for suggested.

And this practice in nothing new in the automotive industry.

Normally, the price adjustments are for performance-oriented models like the Charger Hellcat or even something like the Civic Type-R.

But everyone once in a while, there will be a non-performance model that just takes the market by storm like the Telluride.

Before the pandemic hit (and also before the price of gas tanked), Toyota dealerships were charging a premium for the RAV-4 hybrid due to high demand.

If there are no dealerships around you selling at MSRP or lower, then expand your search (there are dealerships selling at MSRP or for less).

If you want to stick to a local dealership, then just wait as the auto market will continue to experience a sharp downturn for the forseeable future.

But for those looking for the SX and SX-P, may not see that much of a lower price as Kia is still working on filling the back-orders (which is why Telluride sales outpaced Palisade sales last month by a good margin).

 

[Tellthemride]

@YEH i wasn’t arguing this was a new practice that has never been done before the Telluride. I already went to a dealer outside my area to get MSRP, and did a ton of research, so you are preaching to the choir. The fact is I hate this practice for all types of sales. There are people out there who hoard video game consoles and smartphones as well on their initial year release and charge a premium to regular customers when they resell. It’s a shitty practice in general for the people who just want to buy a product at what it’s supposed to cost.

Maybe some people enjoy the journey of finding a good deal and researching many dealers, but I prefer the simplicity of walking into the closest dealer and buying a car at what it should cost.

It would also be great if we could make the Carmax or Tesla sales model the new norm. Where you know the price of the car walking in and there are no games or bait and switch.

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[mrmac]

@YEH i wasn’t arguing this was a new practice that has never been done before the Telluride. I already went to a dealer outside my area to get MSRP, and did a ton of research, so you are preaching to the choir. The fact is I hate this practice for all types of sales. There are people out there who hoard video game consoles and smartphones as well on their initial year release and charge a premium to regular customers when they resell. It’s a shitty practice in general for the people who just want to buy a product at what it’s supposed to cost.

Maybe some people enjoy the journey of finding a good deal and researching many dealers, but I prefer the simplicity of walking into the closest dealer and buying a car at what it should cost.

On one hand, I agree with you. Car manufactures should not set an MSRP at all. They should charge the independent dealer "$X" and then let the dealer charge whatever they want. Then all the griping should cease.

People seem unable to grasp that a price listed on any object, no matter what it is, is an offer to sell. Instead, they think it is a maximum price point. Such B.S.

 

[PaulD]

On one hand, I agree with you. Car manufactures should not set an MSRP at all. They should charge the independent dealer "$X" and then let the dealer charge whatever they want. Then all the griping should cease.

People seem unable to grasp that a price listed on any object, no matter what it is, is an offer to sell. Instead, they think it is a maximum price point. Such B.S.

The MSRP is a marketing tool and helps define who the manufacturer is competing against. Without it, the consumer wouldn't have an easy place to start their shopping process both in terms of what competing vehicles to compare as well as comparing dealerships against each other.

 

[mrmac]

The MSRP is a marketing tool and helps define who the manufacturer is competing against. Without it, the consumer wouldn't have an easy place to start their shopping process both in terms of what competing vehicles to compare as well as comparing dealerships against each other.

Yes, I know.

My post was sarcasm because there is a plethora of people on here who believe MSRP is some magic valuation of which the purchase price should never exceed.

 

[rhino738]

Yes, I know.

My post was sarcasm because there is a plethora of people on here who believe MSRP is some magic valuation of which the purchase price should never exceed.

mrmac,

In my 52 yrs of existence on this beautiful earth, I have never paid above MSRP on any vehicle....EVER! In fact, I have never known anyone who has paid above MSRP. Granted....I’m not a car guy, and don’t really chase the newest and greatest release! I just happen to be in the market right now, or I wouldn’t even give the telluride a though. It seems to irritate you that people think it’s crazy to pay the market adjustments!

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[mrmac]

mrmac,

In my 52 yrs of existence on this beautiful earth, I have never paid above MSRP on any vehicle....EVER! In fact, I have never known anyone who has paid above MSRP. Granted....I’m not a car guy, and don’t really chase the newest and greatest release! I just happen to be in the market right now, or I wouldn’t even give the telluride a though. It seems to irritate you that people think it’s crazy to pay the market adjustments!

What is irritating is that people look down on other people who make a decision of value in excess of a suggestion, a.k.a. MSRP. I believe in capitalism and free markets. Folks on here have called these people clowns, bums, stupid, crazy, etc. They place more value on their personal decision which is arrogant and obnoxious.

Further, when two people agree on a price, it is not price gouging; it is a purchase/sale.

As far as what is crazy, hell, I am not qualified to know what is crazy or normal.

It is fine if you make the personal decision not to pay over MSRP. It is fine if you do decide to pay more than a suggested price. It is fine if you chose to pay less than the suggestion. Just don’t judge those who choose differently than you do.

Everybody paid more than I did - so what? I suppose I could make a case that it might be crazy to pay more than I did, but is it really? If yes, there are a ton of crazy people! Lol

 

[rhino738]

What is irritating is that people look down on other people who make a decision of value in excess of a suggestion, a.k.a. MSRP. I believe in capitalism and free markets. Folks on here have called these people clowns, bums, stupid, crazy, etc. They place more value on their personal decision which is arrogant and obnoxious.

Further, when two people agree on a price, it is not price gouging; it is a purchase/sale.

As far as what is crazy, hell, I am not qualified to know what is crazy or normal.

It is fine if you make the personal decision not to pay over MSRP. It is fine if you do decide to pay more than a suggested price. It is fine if you chose to pay less than the suggestion. Just don’t judge those who choose differently than you do.

Everybody paid more than I did - so what? I suppose I could make a case that it might be crazy to pay more than I did, but is it really? If yes, there are a ton of crazy people! Lol

I think its crazy only because it’s a new concept for me! I agree that one persons idea of value can be, and often is different than mine! i don’t think a person is stupid for paying what they pay for a car, boat, or house! Everybody situation is different. For me....it is crazy to pay over what I think a car is worth.....again I’m not a car guy, nor am I wealthy! I just can’t wrap my head around paying a surcharge for an item that is gonna be worth less (far less) than the MSRP. If someone wrecks a car that they spent 5k over MSRP, do you think the insurance agency is gonna look at the replacement cost differently? Hell no! They are gonna say it’s worth less than the MSRP, because all new cars are worth less the second they get driven off the lot.

 

[lonzwinery]

Luckily, here in America, we have the freedom to choose. We can choose to buy something at a particular price, or choose not to buy something at a particular price. This book explains it all (one of my favorite books, by the way):

Free to Choose, by Milton Friedman

 

[ucinn]

yea, everybody's situation is different. Most publications I have read say the Telluride is comparable to luxury brands, so paying above MSRP is not out of the realm of value. Some have to get a new car soon (lease running out, car died, totalled) and can't wait to order. Luckily I still haven't paid MSRP(thank you Kia of Muncie) and was able to wait as long as it took to come in, other people are not that fortunate.

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[GEAR_HEAD]

mrmac,

In my 52 yrs of existence on this beautiful earth, I have never paid above MSRP on any vehicle....EVER! In fact, I have never known anyone who has paid above MSRP. Granted....I’m not a car guy, and don’t really chase the newest and greatest release! I just happen to be in the market right now, or I wouldn’t even give the telluride a though. It seems to irritate you that people think it’s crazy to pay the market adjustments!

Ditto! In fact, this is the first vehicle that I have even paid MSRP for. I've purchased 5 new vehicles, all at invoice less incentives. Obviously the demand for this vehicle doesn't put me in a good negotiating position, but in normal situations an informed consumer is a dealership's worst nightmare. It's easy to find invoice prices for all vehicles online nowadays.

 

[raydog9379]

yea, everybody's situation is different. Most publications I have read say the Telluride is comparable to luxury brands, so paying above MSRP is not out of the realm of value. Some have to get a new car soon (lease running out, car died, totalled) and can't wait to order. Luckily I still haven't paid MSRP(thank you Kia of Muncie) and was able to wait as long as it took to come in, other people are not that fortunate.

It's getting closer to luxury brands, and I love my Telluride. However there are definitely a few differences that Kia should work out to really be there. These are simple and for a few bucks more, could easily be there. The big one being hard plastic...so much hard cheap plastic on the doors, speaker surrounds (that I hit constantly with my knee), dash, etc. Softer touch materials are what the others have (Lexus, Infiniti, BMW, MB, Porsche, etc.). Kia got it right on the roof liner in my SXP which is better than many of those, but cheaped out on the doors and dash I think. Also the gas door is pretty flimsy to me, it's plastic and the heft of it and latching is pretty chinsy (I see why some break it off accidentally). I could see it being an issue say 5-6 years later with regular use.

 

[PaulD]

It's getting closer to luxury brands, and I love my Telluride. However there are definitely a few differences that Kia should work out to really be there. These are simple and for a few bucks more, could easily be there. The big one being hard plastic...so much hard cheap plastic on the doors, speaker surrounds (that I hit constantly with my knee), dash, etc. Softer touch materials are what the others have (Lexus, Infiniti, BMW, MB, Porsche, etc.). Kia got it right on the roof liner in my SXP which is better than many of those, but cheaped out on the doors and dash I think. Also the gas door is pretty flimsy to me, it's plastic and the heft of it and latching is pretty chinsy (I see why some break it off accidentally). I could see it being an issue say 5-6 years later with regular use.

Just my observation but Kia doesn't really want to compete directly with those luxury brands. They want to give some approximation of those brands at a price that's very competitive with Honda and Toyota. All those soft materials and steel gas doors cost more money and they still need to make a profit. Could they squeeze their profit to gain even more market share? Probably but they are (or were until the pandemic) selling every Telluride they can produce. Whomever is making the product decisions is doing an excellent job.

If you want even better materials, get a Genesis.

 

[mrmac]

Luckily, here in America, we have the freedom to choose. We can choose to buy something at a particular price, or choose not to buy something at a particular price. This book explains it all (one of my favorite books, by the way):

Free to Choose, by Milton Friedman

Milton Friedman, a BRILLIANT Man and great economist

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[MarcinTexas]

Just my observation but Kia doesn't really want to compete directly with those luxury brands. They want to give some approximation of those brands at a price that's very competitive with Honda and Toyota. All those soft materials and steel gas doors cost more money and they still need to make a profit. Could they squeeze their profit to gain even more market share? Probably but they are (or were until the pandemic) selling every Telluride they can produce. Whomever is making the product decisions is doing an excellent job.

If you want even better materials, get a Genesis.

Exactly. I'm just glad they didn't do what Ford did...and that would be price it like a luxury brand but give it an interior significantly lower quality than the Telluride.

 

[rhino738]

Good luck to everyone here! We jumped ship and bought a Pallisade today! Wanted the Telluride, but it didn’t work out! Y’all be safe!

 

[MarcinTexas]

Good luck to everyone here! We jumped ship and bought a Pallisade today! Wanted the Telluride, but it didn’t work out! Y’all be safe!

What trim did you get?

 

[rhino738]

SEL. It has the convenience package with leather interior and sunroof (which we didn’t care about). MSRP of 40,978.