I’ve got a new M760 I could let go for 12% off. 
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It’ll go just as well as when they took advantage of folks charging 30k over sticker… These are regular people… I know a mailman who paid 20k over sticker for his pick up truck… because they took advantage of his need.
No sympathy for the abusers from me.
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I think you might be the one who needs to adjust their expectations at the moment. We live in a country where around 12% of the population possesses literacy skills that are at or above a 10th grade level. There will never be a shortage of Jamokes for dealers to finagle a way to hit their monthly payment requirement, nor will there be a shortage of credit challenged Jamokes who will simply pay whatever they are told to pay by the dealer that promised to “work with them”. There’s also the subset of people who have money and just don’t care. Its not like dealers were just blowing out 100% of their inventory during the “Good Times”. They could blow out a car or two every now and then if they needed to hit a sales target. The Jamoke that walked in before or after you is who took a loss on that car, not the dealer. At the moment most dealers don’t really need to discount like they did thanks to inventory constraints and a seemingly neverending supply of Jamokes.
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Don’t forget the Jabroni’s
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If you’re a wrestling guy, I’ve always been fond of the term “Ham and Egger”. RIP Bobby the Brain…
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Had the term in mind as well. Not a huge wrestling guy but Ronnie B used to throw it around from time to time.
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to be clear, the crux of post is talk about the BS in car pricing. In an ideal world, there would be zero discounts /prices above MSRP.
The issue comes from selling a car to some folks deeply discounted because of relationships/affiliate codes/etc…, etc… then charging other group of people full or above retail.
This harms the masses.
and this shouldn’t be controversial to anyone. Nobody wants to get taken advantage of.
Ford/GM, etc… all want to kill the dealer model.
Why did you think LH of all places needed this talk? Is there any other auto forum that practices minimizing TCO as much?
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No one is putting a gun to anyone’s head to sign a shitty deal. This is a problem solved by knowledge.
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The next scam is when automakers offer 0% loans on their cars now. Which also should be illegal, because they are inflating the prices of cars, so all of us suffer so those who need loans feel better about overpaying.
There is no such thing as 0% loans.
great point. but, I do think there are a lot of outsiders that drop it and try to learn on how to lease here.
and folks here usually provide counsel to friends and family asking about car tips.
Stay Safe bro!!
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Oddly enough, FS did recently add a mechanism to buy rate down but AFAIK this is only when using regional rates (non subvented)
The first mistake you made is watching that idiot
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hes not wrong. look at carmax guidance.
CarMax warns consumers struggling with affordability
earnings down 54%
“CarMax might be first on in feeling the impact of the used-car decline. But we expect the entire retail, auto retail franchise and auto credit complex, to follow.”
LETS GOOO BABY! All aboard the meltdown train.
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We do family and friend deals from time to time and I have to say that it is a binary experience.
Either it goes well because the aforementioned shuts the hell up and listens and or let’s you control the deal.
Or it goes poorly because they already (or proceed to) run all over town drooling on cars and inevitably signs a shitty deal.
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This is so, so true.
I have a few friends who were coming off lease in recent months. They were prepared to pay 50-60% higher on their next lease and had no idea about positive equity to serve as a subsidy. Point being,
the world outside of this forum is very different and if you think the average buyer is like you, you are very aspirational in your goal.
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just saw the data. auto price index need to fall 15-25% to return to it’s normal historical rate. and now i’m convinced the fed won’t stop till PPI is down 35-50%.
so it’s a circular loop of benefits for this community.
The purpose of leasehackr is to get a better deal than you can normally get navigating the market on your own. In your ideal world, there is almost no need for leasehackr. I prefer the current market since we can get a better deal than the average joe and work the lease programs to our advantage. Hence the $99/mo Frontiers and $150 Tacos. It is rough right now but as interest rates rise, used car prices will decrease. I think new car prices will take a while longer to get back to where they were since most dealers are keen to hold onto those margins and production is still an issue.
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