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Tag: dealermarkups

Can Dealerships Markup the Price of a Car You Ordered Before You Pick It Up? Blog feature image

Can Dealerships Markup the Price of a Car You Ordered Before You Pick It Up?

by Tiffany Soucie-HowrenAutomotive, Knowledge BasePosted on November 28, 2022November 28, 2022No Comments

Can Dealerships Markup the Price of a Car You Ordered Before You Pick It Up?There’s no universal law that prohibits dealerships from adding a markup to pre-ordered cars before delivery. It’s up to you as the customer to do your due diligence and find a dealership you trust.

Why do dealers markup cars?

Why Do Dealers Markup New Cars?

by Tiffany Soucie-HowrenAutomotive, Knowledge BasePosted on November 8, 2022November 14, 2022No Comments

The dealer-franchise system you see currently dates back to the 1950s. It has outlived most of people that lobbied for it. And like everything else, it’s about time to give it a fresh look.

Markups Blog 10/17/22 Are dealer markups legal? - feature image

Are Dealer Markups Legal or Illegal?

by Tiffany Soucie-HowrenAutomotive, Knowledge BasePosted on September 27, 2022September 30, 2022No Comments

Are Dealer Markups legal?
You might think the answer to this is a resounding “yes,” but hold your horses.

What Does Dealer Markup Mean? Blog IMG

What Does “Dealer Markup” Mean?

by Tiffany Soucie-HowrenAutomotive, Knowledge BasePosted on September 8, 2022October 21, 2022No Comments

A dealer markup is also known as the market adjustment fee. It is the amount a dealer adds to your vehicle’s price. The dealer markup is thus a selling price above the car maker’s MSRP.

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