Miata Mailing List: March 2000, Message #29

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I think Ferrari required that customers only lease the F50 for two years or
so to ensure no dealer mark up or people selling the cars immediately for
profit.

/Lou 

> -----Original Message-----
> From:	Scot Zediker [SMTP:mx5_1991@yahoo.com]
> Sent:	Tuesday, February 29, 2000 5:57 PM
> To:	Multiple recipients of list
> Subject:	Re: Anyone driven an S2000?  (NMC)
> 
> 
> 
> --- Steve Bernard <Solo-2@att.net> wrote:
> > At 02:09 PM 02/29/2000 -0500, Matthew J Hill wrote:
> > >I dislike gouging from anybody.
> > 
> > Well car dealers are notorious for it. If they sell
> > cars at or
> > below invoice now do they still make money?
> > Something doesn't
> > add up. 
> 
> More often than not, dealers still make a profit on
> below-invoice sales.  Are you familiar with "dealer
> holdbacks"?  A holdback is a percentage of the invoice
> price that the manufacturer keeps until the car sells.
>  That's how dealers can sell cars below invoice and
> still stay in business.
> 
> > But when they have a limited edition they
> > charge outrageous
> > prices. Ferrari and Porsche, maybe BMW do not allow
> > this.
> 
> Probably, but try finding a Ferrari or Porsche below
> STICKER, much less invoice.  These cars are in very
> small supply to begin with, and they can sell almost
> every car they build.  Forget about haggling.
> 
> =====
> Scot Zediker
> San Jose, CA
> 
> "Work is the curse of the racing class."
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