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- Vehicle(s) that interest me
- Jaguar XJ
- More about me
- I like money
- Vehicle(s) I currently own
- 2011 Buick LaCrosse CXS; 2014 Buick Encore (wife's)
I predict within the next 10 to 15 years, cars are going to be sold at a fixed price. It is what the majority of consumers want, and sooner or later the market will have to pay attention to what the customers want. It seems (at least to me) that it is the car dealers, not the manufacturers, who want to maintain the present status quo.
I agree with you to a certain extent. The base price (with minimal options) will probably a fixed price, but the options will be priced as single options or as packages. This will lead to even higher prices for the consumer; Exhibit A, the cable and telecommunications companies.
Price is not only a function of cost. It is based upon other variables such as supply and demand, prestige, information, and time sensitivity. As long as these factors are not in equilibrium prices will fluctuate; and that is how a market based economy works.
By the way, Warren Buffett is getting into the car dealership business. Don't know what the overall impact will be but it sure will affect those areas where the dealerships are based.
Technology has come a long way and I'm loving it. Night vision is something I would really like but I'm sure that would be an expensive option.
By the way this was a voice activated post from my Samsung Galaxy S5
Can you return a new vehicle?
I would think not, but here is what Prime Auto says about its return policy. Sales gimmick or honest desire to please the customer?
"Every car at Prime comes with Prime Peace of Mind; a guarantee that if you weren’t satisfied with your purchase you can return the vehicle within 48 hours and get your money back without a hassle. And on used vehicles sold at a Prime dealership, you can return your vehicle within 30 days or 750 miles and exchange it for a different vehicle of the same or greater value." http://www.driveprime.com/prime-peace-of-mind.
And here is what a finance manager says about unwinding a sale: "It's an accounting nightmare," Eleazer wrote. "Commissions need to be charged back, even if the month has already closed and everyone has been paid. Your manufacturer's statement of origin must be retrieved from the DMV. Affidavits must be executed to retain the vehicle's new-car status; if you don't, you've got a huge depreciation on your hands. And, finally, if a trade-in was involved, the payoff must be refunded by the bank and the title received on that trade returned."
I once bought a mattress with a return policy but there were so many conditions tacked on it that it was not worth the bother.
Oh, Oh, I may have committed a Venial Sin because I was flagged for Spamming.
Apparently, I got into this predicament when I mentioned a particular auto dealership's return policy. I was not promoting the dealership in anyway. In fact, I was skeptical of the veracity of their unconditional return policy.
I beg for forgiveness and I hope the Edmunds' hosts will remove the offending post. A thousand pardons for this unfortunate faux pas.
@Mr_Shiftright said: Given the carnage reflected in the annual statistics of auto fatalities and injuries, I don't understand how anyone could think that a particular car was "safe". There's really no such thing as a "safe car"--that is marketing poof---at best one could say that "some cars are less dangerous than others". The dynamics of an auto accident are far too complex to plan against them.
After all, you are surrounded by glass, not armor plate.
Agreed but your last comment is not entirely true. The accident death rate was extremely high in the last half of the 20th century because of extremely rigid steel structures. Thanks to Mercedes Benz and others for their innovations with crumple zone technology designed to absorb the impact forces of a crash or collision.