| Milton@mcdavid |
Silver / Qtz Touring
Black / Silver Touring Navi/RC
Silver/ Ebony Touring Navi/RC
Midnight Blue/pch Touring/Navi DVD
Sage Brush/Qtz Touring Navi DVD
White/pch & Blk/eb Touring
Black/eb & Red/pch Touring DVD
**RC denotes rear camera standard in all navigation models:2: |
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| jswift2000 |
| What are the prices? MSRP? |
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| Milton@mcdavid |
jswift2000
Thank you for your reply typically the MDX's are sold at MSRP.However if your are in our Market area and are a current Acura owner there can be an oppurtunity for some possible savings.
Please feel free to give me call call ;or shoot a personal email to my mcdavid account listed below
David Mcdavid Acura is located in Plano Texas servicing the DFW and surroundings markets
Thank You |
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| RickP |
| With the economy still tanking and 3 terrific competitors to the MDX (FX35, Toureg, XC90), you guys won't get MSRP for much longer on these vehicles. |
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| jswift2000 |
| Besides the fact that MSRP wont last long why should it matter if I'm a prev acura owner and if I live in your area? I'm buying a car from you!! Maybe i'll wait for the new Lexus RX330 and work with dealers that really know how to work with customers and treat them with respect. |
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| Milton@mcdavid |
Thank You for your responses :)
I can appreciate everyone's comments, clearly one must recognize when you are speaking of luxury line products price is'nt usually the only determining factor.
Value ,the appeal and overall satisfaction with the look and feel of the vehicle ,how you feel when you are in it; taking a step above an entry level product but not quite in the clouds like many competitors ( including the RX330 which went up in price some changes a mild power increase and a few additional features)
These emails and these forums are'nt devised to vent or lash out at dealers because one may perceive that asking MSRP shows any lack of respect to anyone. I'm sure in what ever business each of you are in ,it's not unreasonable to seek list prices for your product or services.
Clearly the attitudes are different in your market than what they are for us here in Central Texas . I'm an Army Veteran and can relate to the current events and reluctance to make major purchases, like premium luxury vehicles a larger more expensive home, or other luxury items. However if one does choose to shop high line products please raise your expectation level appropriate the the brand you are shopping ..
With all that said let's have discussions pertaining to what this forum was designed for
:29: |
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| devender |
Can some body enlighten me, Why Should any one pay
MSRP?
Personally I feel any car in this world is not worth of MSRP.
MSRP is a rip-off by dealers.
Actually we should boycott these dealers who ask for MSRP.
Let's say Tomorrow, if some body sells PEPSI for MSRP, do u buy?
It is the same thing whether it is acura or bmw.
This is not the Sellers Market?
I am looking for an Acura MDX, but I won't pay MSRP at all, rather I don't mind donating that extra money to RED CROSS or any other society.
Dev |
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| harmonr1 |
Ever buy a Pepsi in a hotel? MSRP++++. We do it everyday but just don't think about it.
A dealers selling price is a direct result of supply and demand. As long as demand outstrips supply, prices will remain high. If you artificially lower demand, e.g. boycott, prices would temporarily drop. But as soon as the boycott ended, prices would rise to meet demand. Just look at housing prices. Who in the right mind would pay the housing prices we do today (in most markets) for the product you're getting? But yet we do.
In northern CA, demand has been dropping (or supply increasing) but still hasn't reached equilibrium. Thus there is still a waiting list for X's at MSRP. I think it's great that a dealer is posting his inventory so that someone who is waiting elsewhere might get their X a little sooner. |
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| mdxxxx |
quote:
Originally posted by devender
Can some body enlighten me, Why Should any one pay
MSRP?
Personally I feel any car in this world is not worth of MSRP.
MSRP is a rip-off by dealers.
Actually we should boycott these dealers who ask for MSRP.
Let's say Tomorrow, if some body sells PEPSI for MSRP, do u buy?
It is the same thing whether it is acura or bmw.
This is not the Sellers Market?
I am looking for an Acura MDX, but I won't pay MSRP at all, rather I don't mind donating that extra money to RED CROSS or any other society.
Dev
devender,
harmonr1 has a point. It is a simple as supply and demand (Econ 101). It is the consumers choice to buy, or not. You choose not to, which is ok, however, most likely, you will not enjoy the product. Good luck shopping... I hear GM has specials with prices significantly below MSRP. |
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| jswift2000 |
| MSRP is true supply and demand. However, supply is increasing, dealers are having trucks sit on the lot (I know of one where I live where the truck has been there since mid-January) and they wont deal on the price. Lexus has ability to knock acura off its pearch again. If Lexus could or VW could there new trucks (rx330 & toureg) out now I would be looking at those as possibles. |
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| xcel |
Hi Devender:
___You don’t have to pay MSRP if you don’t want from anybody for an X. If you want an X however, you will either pay what the going rate is from your local dealer, possibly travel to another locale/dealer to purchase at a discount, or do without. Again, if you don’t like what your local dealer is offering at a price you are willing to pay, just say no and move on. If you say no to enough of them, you won’t own an X. The choice is yours after all.
___Good Luck
___Wayne R. Gerdes
___Hunt Club Farms Landscaping Ltd.
___Waynegerdes@earthlink.net |
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| hi_yella_1 |
hmmmmm Maybe i'm missing something here .....
But didn't i see a bunch of dealers offering BELOW MSRP
with no Forced options? BARANCO? But from my reading and
research... ebay/autobytel/carmax/ect..... seems that supply is
slowly creeping up on demand. more used ones are entering the
market. the economy downturn. ideas of war ect ect ect....
I think that with patience and some compromise that you can
easily get an "X" for less than MSRP...
MSRP is a starting point... if he can get it he'll take it ....
BUT... if time are getting tighter... supply is increasing.... used models
are becoming available at significant savings... dealers are out to
make money... show em how to make the money in the most
cost effective way and VIOLA a deal is born... cause he knows
just like you do that their death GRIP on the market is over...
and you now have options...
cause here's a little secret... he'd rather make say 1000 from you
rather than make 0 and give the sale to VOLVO/LEXUS/HUMMER ect.......
JUST MY OPINION Though....
:1: :p :1: |
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| 308Geo |
Original Post by Dev:
>>>Can some body enlighten me, Why Should any one pay
MSRP?
Personally I feel any car in this world is not worth of MSRP.
MSRP is a rip-off by dealers.
Actually we should boycott these dealers who ask for MSRP.
Let's say Tomorrow, if some body sells PEPSI for MSRP, do u buy?
It is the same thing whether it is acura or bmw.
This is not the Sellers Market?
I am looking for an Acura MDX, but I won't pay MSRP at all,<<<
Dev,
You are no danger of buying an MDX any time soon.
Why should anyone pay MSRP? You never do; you are paying what the market will bear. If you think that you can single handily "boycot" all the dealers into accepting a lower amount for their product, then please share some of the drugs that you are taking and quit being BRAINWASHED by the idiots at Consumer Reports who constantly preach to the public that MSRP is a myth. They are doing the whole economy a disfavor by setting up unrealistic expectations for both parties to the sale. The customer enters the dealership with the belief that they should pay a small amount over invoice and that only fools pay at or near MSRP. When this is not possible, the consumer ends up thinking that the dealer is a pirate.
Consumer Reports should stick to the business that they were built on and know best: evaluating the quality and reliability of a product as it compares to its competitors. They have no freaking clue about running a profitable business. They are suggesting that one pay 1-2-or 3 percent above actual invoice. They do not realize that it takes approx. 11 to 12 percent profit per car just to break even! True, many owners of car dealerships are successful and become very wealthy. They deserve it because they took the risk to run the business in the first place. That is what entreneurership is all about. Quit being jealous of the earings from success others have gained.
You want to get that price that NO BODY else in the city will ever get? What makes you so special? Go try that stuff in a dealership that sell Rolls Royce, Bentley, Ferrari, Lamborghini, etc... You will be laughed out. Better yet Dev, do you pay MSRP at McDonalds when you buy lunch? You don't? Please tell us how you negotiate a lower price on your Big Mac.
If you can't afford the product as it is value priced, step down to a CHEAPER product, junior. (I am sure that there is a KIA dealer near you). Acura does not play the stupid games that the domestic makers do of OVER PRICING the crud out of their crap product, then discounting it X number of dollars so the customer percieves that they are a cunning negotiator and that they were not like the rest of the poor saps that paid MSRP. BS! Dealers know exactly how to play the game in this situation. Do you REALLY think that they can stay in business selling sooooo low? Go to the Betty Ford Clinic and sober up. Alternatly, the dealers could not stay in business over pricing their MDXs. They are asking and getting just what customers feel the vehicle is worth.
Disclaimer: No, I do not own or run a car dealership, but I have friends in the business and I have run an automotive related business in the past. I have also read quite a bit on the subject as well as having studied Finance (including Finance and Managerial Accounting) in college.
Geo |
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| jswift2000 |
Geo,
Why are you so harsh? Someone was stating a point of view and expressing his feelings towards the trend of msrp on the x, not at you. Chill out. I think I can speak for everyone when I say we are all frustrated that supply of the x has been difficult to obtain a car quickley and at a price below msrp. Thats the fact of it. If anyone can obtain a car below msrp than you are doing very well. We all need to keep in mind there is also a 3% holdback (built in profit) on the mdx as well as other HONDA products. If MSRP is a price we should all pay then why car dealerships discount the price below msrp?
This site is also used as a way of expressing feelings and points of view, not slamming or degrading other members.
jeff |
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| 308Geo |
>>>If MSRP is a price we should all pay then why car dealerships discount the price below msrp?<<<
Good question Jeff. The reason that Acura dealers (as oppossed to say domestic dealers) are even bothering to come off MSRP is that they have to do something to move cars when times in the economy are tough.
3% holdback? Yes, so it is there. It is also not up for being pulled into the negotiation process; end of story.
Want to get an x quickly and cheap? Pick one or the other. A lower price costs you a waiting period and instant delivery costs top dollar. Remember, when a new car comes out and everyone wants to be the first bad boy with the newest toy on the block? The one willing to pay top dollar wins the title waiting.
Harsh? I remember a time when there was status in paying for a quality product and people knowing what you paid by what it was. I, for one, do not want to go out and buy a Porsche and have everyone look and say, "Oh those are cheap now, big deal". By paying the higher price you are benefiting every owner by keeping the value high on the product and not helping to devalue it. Let me put it to you this way, do you want to all of a sudden find out that the homes on your block are selling for half of what you paid? You would be livid! If I buy and MDX, I do not want everyone to be able to buy one for 3 grand less 6 months later. This is what happens with domestic cars and that is why I won't buy domestic crap---and I could get any GM product at employee pricing because I have a sibling that is an engineer at General Motors.
Geo |
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| 308Geo |
>>>If MSRP is a price we should all pay then why car dealerships discount the price below msrp?<<<
Good question Jeff. The reason that Acura dealers (as oppossed to say domestic dealers) are even bothering to come off MSRP is that they have to do something to move cars when times in the economy are tough.
3% holdback? Yes, so it is there. It is also not up for being pulled into the negotiation process; end of story.
Want to get an x quickly and cheap? Pick one or the other. A lower price costs you a waiting period and instant delivery costs top dollar. Remember, when a new car comes out and everyone wants to be the first bad boy with the newest toy on the block? The one willing to pay top dollar wins the title waiting.
Harsh? I remember a time when there was status in paying for a quality product and people knowing what you paid by what it was. I for one do not want to go out and buy say a Porsche and have everyone look and say, "Oh those are cheap now, big deal". By paying the higher price you are benefiting every owner by keeping the value high on the product and not helping to devalue it. Let me put it to you this way, do you want to all of a sudden find out that the homes on your block are selling for half of what you paid? You would be livid! If I buy and MDX, I do not want everyone to be able to buy one for 3 grand less 6 months later. Let me put it to you this way. If you all of a sudden discovered that the homes in your neighborhood were selling for half of the price that you paid, you would be vivid. Continuing the high pricing is a benefit to all current owners. How would you like to buy an MDX and find out that they are selling for 3 grand less 6 months later? Think about it.
Geo |
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| Milton@mcdavid |
I did'nt take offense to any of the comments from a dealers point of view, and would welcome any other comments on the subject.
( however GEO maybe lighten up just a bit )
One of the reasons I subscribed to this forum was to gather information from comments and expressions of existing and future owners of the MDX.
This information has been helpful to my clients and has given me a a wider view of how we are perceived in the market place in and outside of my current market
So please write on :2: |
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| devender |
Geo,
Take it easy man! This is a forum every one should express thier opinions.
Now Let me clarify few things.
1. Don't tell me crap about "Acura won't play any games"
I have been to bunch of ACURA dealers in Jersey, every one have more than two MDXs on their lots (not demos), but they say, these are already booked.
It looks like they are creating scarcity, Why this is happening only with MDX, ODysee, and PILOT.
You mean to say there is no vehicle in this world which is comparable to these? I doubt it.
2. First of all try to understand the difference between MSRP, Invoice and Dealers Hold back
3. Any time you respond to anybody's email, be polite, don't be harsh? If you are a dealer I can understand your agony. May be U are.
4. Regarding Your Supply and Demand
This week there was so much snow on the east coast (around 2 foot in NJ). So, I wanted to buy some snow salt at a local Home Depot, but it was sold out, and I went couple of stores near by but could not buy the salt, So I had to travel more than 15 miles to MALL and bought the snow salt for $3 for a bag.
And there was so much demand and very less supply-- But the Store is not selling the SALT for $20 a bag--- I still got for $3 -- OK
Don't teach me Demand and Supply! I am MBA graduate with Heavy background with economics.
I totally understand "Law of Demand and Supply" and
"Law of Dimishing Marginal Utiltiy"
5. Regarding You Real Estate Example.
I understand Demand And Supply Here, but the demand is for Area not for a particular house brand. If there is demand, irrespective of Builder ( Toll Brother, US Home, or Pulti ) Every one's price is almost similar, If toll brother is selling a 3 bedroom house for 300K at area X, Pulti won't sell for 150K, he also sells for 300 or 299.. this is called demand.
6. Regarding Your cheap CAR..
I have owned always nice cars, but never paid MSRP on any of them
1. Integra
2. Path Finder
3. Lexus
4. Infinity
Lastly, You Know what
I drive a PORSCHE 2003 OK? I did not pay MSRP on this also.....
This is my opinion. I am not saying MDX's are bad or anything,
I am really looking to buy in the next couple of weeks ( provided I get less than MSRP)
I respect every one's opinion, What I am saying is MSRP is not going to the manufacturer it is just a dealers rip-off.
You could rather use that extra money to pay some thing to your kids, or You could buy a diamond ring for your wife or girl friend
or you could spend memorable night on a cruise with your honey.
Please Take it easy......
Lastly I thank Mr. jswift2000 for supporting my opinion.
Dev |
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| fendesj |
| 11 to 12 percent profit per car? Come on that seems a bit much for a $40,000 vehicle. Why would a dealer need to make $4,000 on an MDX if $2,000 on a lesser car (say a $20,000 vehicle) is OK. It doesn't cost much (if any) more for the dealer to sell an MDX versus an Accord. I realize the dealer needs to make a profit to stay in business and they have the right to charge whatever they want. But don't justify them making large profits on an in-demand vehicle by saying they need 11-12 percent to break even. There are plenty of dealers in business who make less then 11-12 percent per car. They have every right to try to maximize profits but some dealers reach a point where most people consider it price gouging and they trade tomorrows buyer for todays profit. If we go to war and the car buying public stays away for a while, dealers inventories will build up. If this happens, at some point Acura dealers will discount MDX's and be happy to make $2000 per car. $1000 over invoice plus the holdback will get them about $2000. I think they will still make money on this deal. |
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| jhette |
11-12 Percent is lousy.
In the printing industry we sell equipment that retails for $500K and we make a minimum of 20%. That is what dealers used to make. People like to ***** about what companies make but there are a lot of factors to take into consideration. The funny thing is that employees NEVER ***** when they get more money. Where do you think that money comes from. |
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| fendesj |
| Well, an MDX with navi retails for $41,000 and the invoice is just under $37,000. This gives the dealer $4,000 profit, plus the 3% holdback makes a total profit of about $5,100 (we don't know about any manufacture to delaer incentives that may add to this). This is about 13.7% profit. If dealers had to make 11-12% to break even how are all these other dealers staying in business when they are selling way below MSRP? You can't compare $500,000 printing machines or Big Macs to cars. How many MDX's are sold each year (about 60,000?). I bet you don't sell that many $500,000 printing machines. They may get retail for a big mac (which is what about $1.99?) but if they got 12% profit they would make about 20 cents per burger. I would have to buy what, about 25,000 big macs before they made the $5000 profit the MDX dealer would with one sale. Obviously they sell a lot of big macs so the profit adds up. You just can't compare these things because they are very different. |
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| jhette |
| Good point. I wish we would sell that many machines ;-) |
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