The Diecast Zone · Model Car Club Since 1994
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I think a 50% mark up on a car is absurd!! I only hope that they don't Kill the market for this one!
You want to charge a premium for a new "hot" car, ok but to mark it up $20,000-$25,000 is insanity, and greedy! Funny think is that the 300C was a"hot" car a few tears ago and people paid OVER sticker for that too. My Mom bought her "07 in august of '06 and they wouldn't negotiate AND wanted to stick her with finacing the car. In the end she paid for it outright (cash) and they were pissed! Oh Well. Funny thing the salesman said "Oh its an investment" LOL I calculated that if she took the 5 year loan, once paid back the car would have cost her about $61,000!!! When its 5 years old in 2012 it will probably be worth $8,500-$12,000 so their "Investment" is a poor one at best. The same will happen with this challenger, once the Hype wears down and the next model comes out, you will be able to buy a low mileage used one for $26,000-$32,000 within 1-2 years so hang tight!
I just might go for it. My Mark VIII has about 160,000 miles on it and I told my friends when she hits 200,000 I'll get another car. The way its looking though I think the Mark VIII will be running strong WAY past 200K so.... I may keep it as a second car!
Fair, or not, Law, or not
IMHO price gouging is price gouging. I realize there is a huge difference between everyday price gouging and disaster price gouging (according to law), but like I said, its the same in my mind. But also like many have said, it IS the buyer who ultimately sets the selling price. If people are willing to pay it, so be it.
<gives up> 😉
That 3.9L V8 is haunting me. That must be the smallest V-8 since 1956. (nonono please don't correct me I'm sure there were smaller).
Randy, you just reminded me of the GM alumininum V8's from 1961 in the Olds F-85,
Pontiac Tempest and Buick Special.
They were 215ci which should be about 3.5 Litres.
GM later sold that engine to Range Rover and I think it's still being used today. Don't know for sure.
Info only, not meant to fan the flames.
USAF 1958-62
I agree John. A local dealer here marked it up b6 $15K (20%)!
I let them know what I thought about their rip-off attempt when the salesman make a follow-up contact. Needless to say I haven't been contacted again. It will be interesting to see if Chevy dealers pull the same crap when the new Camaro comes out. By the way, Ford dealers did this with the GT-500 as well. Greed personified! If a company thinks they can dip into your pockets they'll try. If they DO, I move to another brand/model. I refuse to encourage this greedy practice!
My dealer's markup was $15K. My, what a bargain! LOT!!!!
By the way, that $25K markup on a $41K sticker is a whopping 60%! That, my friends, is not only insane, but should be illegal!
With all due respect, GREED is a greater law than an ecomonic law.
A 20% to 60% markup on a $41K car is not a normal profit margin. If that were true then mark up all vehicles. Rant off!
Good info thx.
You know what this is. It's the clear and present fact that only the rich who can, and will pay huge prices for anything they really want, before anyone else, and be exclusive,
leaves anyone who is not wealthy out in the cold if they have the same desires,
and wants. And it galls those wihtout the resources. the income gap is widening,
and much, much faster than in years past. When do these kinds of prices for
desirable cars
become the norm, instead of just intro prices?? Does this mean in the future,
any car that is desireable have to cost $60k and up.
LOL!
Some Pontiac dealers did this with the Soltace also.....
Dan, And Boy Were They a Problem Child
They had a lot of problems with this engine with excessive heat. Now, if I'm not mistaken, GM sold this motor to AMC. AMC developed it into a great motor and ultimately sold it back to GM. Or am I thinking of something else? Also, wasn't this motor a V6 and 235cu? Again, am I thinking of something else.
David, never heard about AMC getting that engine. One of them, I think Olds, had a
Supercharged version.
I think a lot of the problems were cause by ham-fisted mechanics who were used to working with cast iron engines and you use a lot less torque on nuts on aluminum engines because they grow more when hot.
The same thing happened with VW engines when they first came to America. A head bolt on a VW took something like 28 lbs of torque while a similar bolt on a cast iron engine took about 75 lbs.
A VW engine would "grow" about 1/8" when hot and if it was over-torqued the studs holding the jugs would rip out of the case.
Range Rover seemed to work out any bugs, real or imaginary.
I think GM would have had a great little engine if they had stuck with it.
Not sure but I think Jim Hall tried one of the small GM aluminum V8's in one of his Chapparals.
USAF 1958-62
Jerry, Hot Rod magazine had a good article on swapping a Corvette engine into a Pontiac Solstace.
The author implied the Solstace was originally designed for the future installation of the V8 because it was a perfect fit and all parts were available from GM to make ths swap.
Very interesting article. He even listed the GM part numbers for everything needed to complete the job.
Motor Trend had pictures a couple of months ago of the future Solstace coupe. looks like a real winner.
USAF 1958-62
Not sure but I think the aluminum blocks were V8s. I had a 65 Buick
Skylark with the 231-235? ci V6 and it was an iron block...