I know it has been covered before in similar circumstances, but seriously, look at their used car inventory:
What is happening here?
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What in the ponzi scheme is that?
Generally speaking, it is easier to establish legitimacy through a manufacture rather than used car lot. I’m guessing since they dont have new Kias to sell they are buying all high end vehicles because those tend to move quicker.
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I was looking for a new DD… I went there 3 weeks ago as they had something I was interested in and they are about 30 minutes from me. A lot of stuff. Some stuff looked pretty good and other stuff was definitely lower MMR quality stuff that was def just ran through an auction.
I was looking at a 2018 Porsche Macan Turbo - car was in OK shape for 20K miles. I will say that the sales person and setup there was no BS. They brought the car out and I was in it with the sales person and I didn’t wait around forever, he said let me know if you want it or to make an offer. Followed up with me 2 times and that was it. No spam or nonsense. With the market right now this is how they are making money.
With used car pricing high, I didn’t want to pay and then pay when I wanted to sell it if I was upside down (due to $5K+ in taxes at the prices I was looking at). Wound up getting just under 12% discount on a BMW M440i xDrive Coupe getting lucky with an in stock vehicle nearby.
Kind of brilliant. You go for a Telluride and walk away with an RS6 wagon lol. Perfect situation for an upsell!
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It’s an odd one, because historically this hasn’t been totally unheard of with Kia and Mitsubishi dealers. It seems like such a non-logical used product to be chasing for a dealer like that. I would think that most people in the market for an exotic wouldn’t want to have anything to do with a Kia dealer.
Not sure where you live but this is pretty common place in NJ and NY. I can’t say the same for the rest of the country, well actually CA is similar as I have seen some dealers online that always have these types of vehicles and are Mitsubishi, Nissan, etc. This dealership is on a highway near some affluent towns on top of it as well.
I think it also just comes down to dealers needing anything and everything. Doesn’t matter if its 10k or 300k, a car deal is a car deal, some are bigger than others, but a Kia dealership probably does have spare floorplan money when they have super low inventory. Hence the heavy metal. (will admit, not sure I would buy a McLaren from a Kia store.)
How many of these are all cash deals lol
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But who goes to a Kia dealership to buy a lambo? How would you even know to look there?
I guess just search for Lambo online.
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People who are good at DIY, will often grab up the 3rd party dealer cars.
The exotics at those dealers are priced accordingly.