Is the VCA helping "resale" of SRT 10 ?

[luc]

Is the VCA helping \"resale\" of SRT 10 ?

I don't know if I am missing something but I find it very strange that a VCA local chapter VP is advertising on this site (see home page/dodgeviperforsale)his business that offer for sale 03 SRT 10.!!!!!!!!!!!!!!.

Is that the new VCA policy?

Luc.
00 GTS
03 SRT

 

[Fred(DrivingSchool)Kinder]

Re: Is the VCA helping \"resale\" of SRT 10 ?

Once you have the car it is your to sell drive or store. So he may be the first to sell a used SRT10. He is a VCA member so why not run the ad. A member who did not get a cert may want to buy it.

Based on the miserable economy I am sure there will be more.

Also likely some buyers not taking delivery. Better for someone on this site to get a SRT10 than a non-Viperholic.

 

[Mike Brunton]

Re: Is the VCA helping \"resale\" of SRT 10 ?

Actually, Fred, the car is not used - it is on factory MSO.

And as a certificate holder, I was asked by Dodge to certify that I would indeed be taking ownership of the SRT alloted to me as I am sure Jim Bielinda was also. Since this car is still on MSO, it appears that the dealership did not in fact sell the car to Jim Bielinda, and this violates the rules of the certificate program on both the dealer side and the buyer side.
I wonder what the "official" VCA reaction to this is? Joe?

Also, it lends a bit of bite to "blkasp"'s argument that VCA officers getting bumped in line was a bit... ahh... unfair. Here is a guy who got 2 SRT's and one is already up on the block for $12k over MSRP. Is that a financial kickback based on one's position in a non-profit entity? I dunno... if you believe that VCA Officers got earlier cars, then it may be. It's up to the reader to decide...

 

[Joseph Houss]

Re: Is the VCA helping \"resale\" of SRT 10 ?

Good question, and one that you may want to ask directly to the seller. As an advertiser/broker, he was given specific instructions not to post any SRT ads until he/they had possession of a vehicle (no selling of certificates). Which they abided by.

We never developed any "gouging" rules, nor did we develop any "flipping" rules (quick sale). It may be time to do so.

 

[Mike Brunton]

Re: Is the VCA helping \"resale\" of SRT 10 ?

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by Joseph Houss:
Good question, and one that you may want to ask directly to the seller. As an advertiser/broker, he was given specific instructions not to post any SRT ads until he/they had possession of a vehicle (no selling of certificates). Which they abided by.

We never developed any "gouging" rules, nor did we develop any "flipping" rules (quick sale). It may be time to do so.
<HR></BLOCKQUOTE>

Joe, I'm confused. Who is "he"? You mean Jim Bielinda? So he owns a Dodge dealership? The gist of the 'contract' that DC asked me to agree to was something like "does the certificate holder agree to take ownership of the car". I would presume that all Vipers end up being sold to an individual. If the owner of a dealership wanted to keep a GenII GTS for himself, he would simply keep the car on the MSO so that it can still be sold as new with a warranty.. and any car in such a state would not be eligible to claim a certificate. So, the certificate that purchased this car must be in someONE's name, not a business' name. I would bet it is in Jim Bielinda's name.

Given that the car is being advertised as still on MSO and the buyer will be the ORIGINAL owner, that means this car has never had an owner, and therefore whomever's name is on the cert violated the rules of the cert program. The cert program agreement never said anything about not selling your spot in line until your car came in - it said the cert holder had to take ownership of the car.

I'm on the fence about whether I want my 2003 SRT or if I will hold out for a yellow in 2004. Are you saying that so long as I wait until the car is delivered, that there is no restriction from DC on who the car actually goes to? That is not what my dealer is telling me. My dealer is telling me that ONLY I may purchase the car, and that if I decide I don't want it, I will have to title it ($150+), pay sales tax ($5,000), excise tax, and wait 6-8 weeks to get a title before I could sell the car.

I am curious as to what is going on here. Am I playing by a different set of rules that Jim Bielinda is playing by? Either he violated the certificate agreement, in which case DC should step in and do something, ESPECIALLY since he is a VCA officer. If he did not violate the certificate agreement, then I would like the official answer on that, since it means a lot to me (like $5000+) and it means I do not in fact have to "buy" the car if I decide to sell it before I take it.

I'm sure lots of folks are hoping for your usual no BS answer on this one - I appreciate the time taken, Joe.

 

[Fred(DrivingSchool)Kinder]

Re: Is the VCA helping \"resale\" of SRT 10 ?

Hi Mike,

Is your purchase agreement with your dealer or DC.

If you picked DC, you lose!

States have specific laws for new and used car sales agreements. I can not be forced to buy a car if my circumstances change or I simply change my mind. How can you force a person who lost their job after the made a down payment?

Your dealer is telling you that you have to buy the car? Your dealer is giving you BS. You will or may lose the money down but that is it.

Check out the other topics, you may find a buyer for 80K.

 

[pdmracing]

Re: Is the VCA helping \"resale\" of SRT 10 ?

hey I am a VCA officer where is my car? My dealer said sometime in March.

 

[Joseph Houss]

Re: Is the VCA helping \"resale\" of SRT 10 ?

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by Mike Brunton:
Joe, I'm confused. Who is "he"? <HR></BLOCKQUOTE>

I was addressing the owner of the website mentioned in the initial posting.

 

[Mike Brunton]

Re: Is the VCA helping \"resale\" of SRT 10 ?

Fred,

No, the dealer isn't saying I have to buy the car - but many things have happened since I placed my order. First, I have heard yellow is coming so I might prefer to take a 2004 if I can get yellow, I don't know yet. Also, $85k is a LOT to swing for a car at the moment. I'm not decided on what I want to do, exactly.... but the questions I am posing will definitely have an impact on it.

I have many friends in the VCA and who are Viper owners, and I had talked to a guy (a member on this site who is a friend) a long time ago about taking my car if I decided not to take it. I asked the dealer about this, and I was told that they would not sell the car to anyone except myself. I presume this means that if I don't take the car, they will sell it to someone else of their choice, and I would presume it would be at over sticker. I was told that DC is not allowing their dealers to sell the ordered SRT's to anyone except the certificate holder, and that there will be penalties for them if they do not sell the car to me.

Seeing Jim Bielinda's car up for sale and claimed as "still on original MSO - you would be the first owner" seems to violate DC's policy.

So, one of two things is going on. Either Jim Bielinda is ignoring the terms of the certificate progam, which I think *****... or DC changed the rules of the certificate program, and if that's the case then I can pass my SRT along to my friend if I choose to do so without having to pay $5,000 in sales tax and waiting 6-8 weeks to get a title from my state in my name.

I'm not trying to be a whiner - but - we've heard soooo much from VCA higher-ups saying how the "right" thing to do is to give the certificate back if we don't intend to keep the car. We've also heard that this cert program mandates that the cert holder is the one to take delivery on the car. Now, someone is clearly going against the written policy from DC and against what the VCA management has said is "right". That doesn't seem fair. Especially if I am going to have to fork over $5k just so I can hook my friend (who bought his Viper used) up with my SRT - so I'm just trying to clarify whether DC has changed the rules (which I hope they have - I'd love to let me dealer know that they CAN sell the car to someone besides me without getting penalized by DC), and I'm sure my buddy would be psyched to get the car for $5k less (since he agreed to pay whatever the cost is of taking it).

So - back to the original question.... have the certificate rules changed or is Jim Bielinda just ignoring the rules and going for the big money? Joe?

 

[Geoff Green]

Re: Is the VCA helping \"resale\" of SRT 10 ?

The car must be titled in your name, but I don't think legally Dodge can tell you that it has to be registered. You can have the car picked up on a flatbed and put it in your garage unregistered. I have bought a car that way in the past.

 

[Fred(DrivingSchool)Kinder]

Re: Is the VCA helping \"resale\" of SRT 10 ?

Hi Mike,

If your dealer will not work with you, well you picked the wrong dealer to buy the car.

The purchase agreement is between the dealer and Cert holder.
Likely every state has specific laws (check the internet for your state laws) regarding new car sales.

Check the laws for your state so you can attack this issue with information. Know all legal rights and options open to you.

The VCA has nothing to do with the Cert. program or dealership sales agreements. That said our region did work out specific arrangements with several local dealers. All info was included in our local news letter with the dealer, contact and details of each specific deal.

Good luck and hope you get the car you want when you want it.

 

[Mike Brunton]

Re: Is the VCA helping \"resale\" of SRT 10 ?

Fred,

The dealer is good - I don't think they are doing anything other than trying to act in the spirit in which DC intended. I guess I'm just wondering what the options are at this point, and what exactly that spirit IS that DC is hoping these dealers will act in.

Does anyone know exactly what paperwork needs to be exchanged in a car purchase transaction? In the past, I've paid for the vehicle, and they give me an "MSO" that I take to my DMV, pay sales tax and reg. fees, they give me a plate, and in 6-8 weeks I get a title in the mail.

Is there a rule whereby the dealer HAS to write someone's name on the MSO? Can't they just give it to me blank? Does DC require a copy of the MSO or something to "activate" the warranty? I know a guy who bought a Ferrari brand new and kept it for many years - he had the MSO and it had not been made out to anyone - so whoever bought the car got to be the "original" owner. I dunno how that all works with DC though.

Any dealers able to answer that?

 

[Steve Ferguson]

Re: Is the VCA helping \"resale\" of SRT 10 ?

Jim is not a dealer. As for what to do? Once the car gets on the truck it is property of the dealer and the only one he is obligated to sell to is the person who placed the order. If that person backs out then the dealer can sell it to who ever they want. That is how it has been explained to me, but that was three month's ago.

 

[Janni]

Re: Is the VCA helping \"resale\" of SRT 10 ?

The discussion about what would happen if you were unable (or unwilling) to take the car when it was delivered should have been discussed at the time the order was placed. Several of our club members discussed this possibility with their dealer, especially with folks working for Worldcom, and others hoping for some stock market improvement....

The dealer has no obligation to sell it to anyone other than who ordered it. If you had discussed the possibility of maybe having them sell it to another person of YOUR choosing for the same price, etc, at the time of order, then that's not an issue. However, if you don't take it, then it's completely up to them who they sell it to and how much they charge for it.

We worked with some dealers to safeguard against this very issue and they will help us get cars into the hands of our club members first should any buyer not be able to complete the transaction. We'll suport them, in turn, with 2004 dealer recommendations. We're building long term relationships here. And I really think getting the cars into the hands of Viper owners (certificate eligible or not) IS the intent of the program - it's just that original owners were the only ones they could reasonable track.

Viper owners immediately profitting from the sale of the car, or ordering with the express intent NOT to take delivery and split $$$ with dealers who gouge was NOT the intent - but - as many have stated here, once the Viper leaves the plant and is invoiced to the dealer - it's his car and he can do what he chooses. D-C is out of the equation at that point.

Hopefully, the number of sheer profit taking sales will be small, because, IMO, that shows a lack of appreciation for the program, lends fuel to the dealers fire about just moving the profit from them to the Viper owner, and jeopardizes future programs.

 

[Gary Lashinsky]

Re: Is the VCA helping \"resale\" of SRT 10 ?

When I purchased many of the Vipers and ACR Neon's both new and used for the Viper Driving School, I was not required to license these vehicles which were not going to be on the street. I had MSO's on the new cars purchased for the school. It was not required for me as the school owner to license them, thus I had open MSO's. The certificate program was set up to reward current Viper owners with the first opportunity to purchase the new SRT 10.

Like Fred said, your dealer arrangement and state laws have to be looked into. The dealer owns the car when it leaves CAAP and is on the way to them. If you change your mind and can't buy the SRT 10 then the dealer has the right to re-sell it to anyone. DC invoices the dealer not you for this car. You may get your deposit back then again you may not depending on your arrangement with the dealer.

No one can force you to buy something you don't want and believe me, if a dealer can get his hands on one of these great new Vipers he will be very, very happy. The certificate program gave us, Viper owners the leverage to make our own deals and not be subjected to suplemental add on sticker costs to the MSRP as I experienced in 1992.

Most of our larger Dodge/Viper dealers are very resonable and appreciate the chance to provide us with an avenue to buy the SRT 10 through them. They look further into their customer relationship that has developed over the years with Viper owners, who as I have, bought many other Dodge products.

I personally appreciate this attitude from the Dodge dealer network I have worked with and bought from over the past 10 years. They have many of us as loyal customers because of this.

 

[Frank 03SRT]

Re: Is the VCA helping \"resale\" of SRT 10 ?

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by Janni:
and jeopardizes future programs.
<HR></BLOCKQUOTE>

I personally hope there are no future programs like this current one. It was a nice idea, but it hurt some for not owning a new purchased car, some attempted to profit by it, some probably profited working the system, it could have hurt our Viper friendly dealers by threatening their allotment, and has caused too much controversy. It was a very generous idea by those that dreamed it up, but, in my opinion, we should just go back to the previous system where the dealer is in control. And, if we stay the the Viper friendly dealers, nobody will be screwed.

 

[toddt]

Re: Is the VCA helping \"resale\" of SRT 10 ?

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by Frank 01GTS:
we should just go back to the previous system where the dealer is in control. And, if we stay the the Viper friendly dealers, nobody will be screwed.

<HR></BLOCKQUOTE>

Where the dealer is in control--so then everyone gets screwed!

I think it was a great program, and I say that without having a certificate.

 

[Mike Brunton]

Re: Is the VCA helping \"resale\" of SRT 10 ?

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by Janni:
The discussion about what would happen if you were unable (or unwilling) to take the car when it was delivered should have been discussed at the time the order was placed. <HR></BLOCKQUOTE>

I did discuss these things with the dealer - that's not the problem...

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>
The dealer has no obligation to sell it to anyone other than who ordered it. If you had discussed the possibility of maybe having them sell it to another person of YOUR choosing for the same price, etc, at the time of order, then that's not an issue. However, if you don't take it, then it's completely up to them who they sell it to and how much they charge for it.<HR></BLOCKQUOTE>

Agreed

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>
Viper owners immediately profitting from the sale of the car, or ordering with the express intent NOT to take delivery and split $$$ with dealers who gouge was NOT the intent<HR></BLOCKQUOTE>

We've heard so much about how the "right" thing to do is let the dealer keep the car - but even the VCA folks aren't doing this? It comes across as "do what I say, not what I do".

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>
- but - as many have stated here, once the Viper leaves the plant and is invoiced to the dealer - it's his car and he can do what he chooses. D-C is out of the equation at that point.<HR></BLOCKQUOTE>

Now see, this is in direct conflict with what has been said before. I have heard all along that DC *IS* watching and they *ARE* penalizing dealers who break the rules. So, that's the question... have the rules changed? Is DC now saying "hey, do whatever you want"? Or do I need to buy this car and pay sales tax just so I can let my VCA-member-multiple-Viper-owner-but-none-currently-bought-new friend take it?

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Hopefully, the number of sheer profit taking sales will be small, because, IMO, that shows a lack of appreciation for the program, lends fuel to the dealers fire about just moving the profit from them to the Viper owner, and jeopardizes future programs.
<HR></BLOCKQUOTE>

I think the number is huge. There are about 10 SRT's on eBay right now as we speak. There have been at least 20 or more that have already gone through eBay. How many deliveries so far? Not many. And eBay is only one venue. Seems like a LOT of people are flipping the cars. There are cars advertised in other places too - often at $120k or more.

So the question is... DC says "here are the rules you play by to get a 2003 SRT". Then people flip 'em off (VCA officers no less) and do their own thing. What is the penalty for that? Is it nothing? If so, why can't anyone just do the same thing? Why are there different rules for different folks? Is it the ethics of the dealer that is the key factor? My dealer is 100% ethical... don't they get something for being that way while other dealers are breaking the cert program rules? Or maybe the cert program rules were changed, and Jim Bielinda isn't breaking the rules after all???

Just asking!

 

[Cris]

Re: Is the VCA helping \"resale\" of SRT 10 ?

I think this situation is BS. When a VCA representative positioned himself in a way to profit directly from a situation that the VCA lobbied for (cert program), under the guise of a non-profit organization, then I believe that person was guilty of fraud. Especially if that individual was involved in obtaining the certificate program. It is worsened when the individual is not only a VCA officer but also a DC employee. I can only wonder if strings were not pulled to obtain early builds for both of his certificates. If so, another moral breach for our staid official.

Shame on you Jim Bilienda. You continue to show why many members of the Motor City Viper Owners have elected to not partake in local activities. A major reason for this has been presumed immmoral activities by some of the local leadership. It now appears that the word "presumed" can be eliminated.

 

[Black SRT]

Re: Is the VCA helping \"resale\" of SRT 10 ?

Mike,

I hate to say it but DC screwed up big-time on the SRT program. You talk about your dealer being 100% ethical; if you decide not to take your car, will your dealer agree in writing to sell it to another for the same price? If not, then where’s the ethics in this situation. Wouldn’t another dealer be more ethical if they would at least share the profit with you on the sale to another, especially if financial hardship arose? Was DC acting ethically when they decided to limit the profit of their dealers by passing control to the buyers? Was DC acting ethically when they voided my order, placed over 2 years ago as one of the first in the country and well before the certificate program was conceived?

Fortunately, I qualified for a certificate, but I still await word like you. DC never anticipated the fallout this program would bring. I don’t think they have unethical people making the decisions, just very poor judgment on this one.

If what you say is true, sounds like you picked the wrong dealer.

 

[Fred(DrivingSchool)Kinder]

Re: Is the VCA helping \"resale\" of SRT 10 ?

Rick R., How did DC did violate your order? Remember you order was with a dealer. Dealers place orders with DC not individuals, and dealers could not place orders until DC offered SRT10's for sale. FYI, there is no order without a VON.

DC offered the Viper Nation a opportunity to get the first SRT10's. That was a Great Gesture to the VN.

DC had to work within federal laws and state laws.

Dealerships are seldom owned by DC. They are independent hand live by specific rules and laws. Are any of the rules and laws broken? Is it a perfect world?

What is the purpose of a Business? How about Profit. How are prices set? What allows the buyer some power over the dealer?

Without the cert. program only a few dealers would have the majority of the orders. And those are the few VCA friendly dealerships. Remember DC sells other cars and it is to their advantage and to us that we have good relationships with many dealers to expand DC sales of all cars and trucks.

The Cert program is a Win-Win for us(great for us) and DC.

The Cert program is a much better deal than the GT-2 program where distribution was based on previous sales volume. Some smart buyers/brokers cut deals with dealerships that did not know what they were selling. Result ASP = MSRP+ to the first registered owners.

 

[George Murray]

Re: Is the VCA helping \"resale\" of SRT 10 ?

I'm not sure about MSOs in my state (VA, birthplace of great Presidents!), but when I sell a used vehicle the buyer is required to take the title I provide to DMV which will issue a new title in that person's name. The buyer is not required to register the vehicle, but the buyer MUST complete the title work within 30 days.

Many used vehicle dealers have title clerks who insure that the paperwork is completed within the alloted time. I don't have such a person on my staff (I'm too ghetto).

In cases where buyers borrow money (banks, finance companies, credit unions, Vinny the loan shark...yeah I had such a guy come in with a buyer once...) to buy my vehicles, I either complete all necessary lien information in the lendor's favor on the title and the buyer takes it to DMV, or if I feel the buyer is too scatter-brained, clueless, or lazy, I'll do the title work (buyer signs VA DMV power of attorney form so I can do this) at DMV myself. Fortunately, that's a rare thing.

In limited cases, I finance vehicles "in-house" so I'll do the DMV paperwork in person in those cases. I avoid such deals, because it takes away from the fun aspects of my business. When I do finance in-house, I provide 60 - 120 days max at no interest. I have re-po'd vehicles, and I have a 100% success rate. I hate doing it, but I have to every three or four months. Taking a van from a Baptist Church was the most entertaining re-po...

Mike - six to eight weeks to get a title? That *****. In VA, titles are issued on the spot at DMV. Lendors will get their titles in the mail within a few days of the paperwork being processed.

Regarding the certificate program, it seems to me that very few dealers are doing anything against the spirit of the program. They know the power of we VCA people and this BBS, so they act with integrity. Especially since people like Bill P. and David Julien (here in VA), and others, have set the bar so high.

George

 

[Matt M PA]

Re: Is the VCA helping \"resale\" of SRT 10 ?

While this whole certificate scheme was great to many current Viper owners, it hurt some dealers. These certificate holders (myself being one)could go to almost any dealer and order an SRT. Most dealers jumped at the chance to make a Viper sale, collect whatever profit they could, and of course, get the hold-back on this unit too. Big Viper dealers, like Woodhouse, or exceptionally high CSI dealers, like Tator's, no doubt lost sales thanks to certficate holders beating up their local dealer to buy the car cheap. The message this sends to the dealers is that CSI and sales numbers don't mean much. DCX should have been looking more in the dealer's favor. That said, if you ordered an SRT and now don't want it, the dealer can do whatever he wants with it..it is HIS car. Okay, your certificate got it to his door...but by backing out, you technically lost all rights to this unit.

 

[Black SRT]

Re: Is the VCA helping \"resale\" of SRT 10 ?

Fred,

I have no problem with DC’s decision to implement the certificate program. Hell, I love it when someone stuffs money in my pocket.

My first point was that DC really stiffed their longstanding Viper dealerships. My second point is that the whole issue of ethics goes right out the window concerning this program. I would not be too quick to judge any dealer’s decisions on canceled orders by customers. Further, if another dealer chooses to split profits with current certificate holders, then that’s their legal prerogative as well. You can build good arguments on both sides of this issue, on the question of ethics.

When DC initiated the certificate program to the detriment of their dealers, they claimed it was perfectly legal. They set the standard of ethics based on legality. Similarly, if dealers and certificate holders operate within the same framework, then they are entitled to negotiate any legal opportunity that is in their best interest as well.

I say “good luck” to all parties concerned. It’s capitalism at its best! And just for the record, I plan to take delivery of my SRT.

 

[Mike Brunton]

Re: Is the VCA helping \"resale\" of SRT 10 ?

This IS a very interesting discussion.

I am aware (now) of the mechanism used whereby people have been selling their SRT's but have not done anything that is in violation of the certificate program.

Regarding the program itself... I do feel bad for dealerships that had their whole allocation system thrown into turmoil based on the program.

As for the comments regarding "hey if you wanna sell your SRT, you're SOL". I am not saying it's "right" to sell one's SRT - I was just saying that it appears some people are doing just that, when DC and some of these same people have told us that it's NOT ok to do this.

I will be taking MY SRT... and as for what I do with it after I take it... well, I DO know I won't be looking to sell it on eBay for $100k!

 

[VOI9 ASP]

Re: Is the VCA helping \"resale\" of SRT 10 ?

I'm not sue I understand how some dealers got burned. If they were good dealers and respected by the VCA members / Viper owners and had not taken advantage of Viper owners in the past -then I am sure they had VCA / Viper owners knocking at their doors with their certificates. Many dealers made $1,000 over invoice not to mention the dealer incentives they receive that are sometimes incorrectly called kickbacks.

It seems to me the only dealers that may have been burned are the ones that would have been charging window plus, plus - or am I missing something?

 

[Black SRT]

Re: Is the VCA helping \"resale\" of SRT 10 ?

Jerry De young wrote:

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Many dealers made $1,000 over invoice not to mention the dealer incentives they receive that are sometimes incorrectly called kickbacks.<HR></BLOCKQUOTE>

Wow, $1,000 whole dollars! Gee, if they sell 50 cars then they would make $50,000 bucks. Boy, that's a whole bunch of money to help keep a dealership alive. For a business owner, your comments are really pathetic. What if the government stepped in and forced you to sell your houses for $5,000 over cost? You wouldn't be driving a Viper right now.

Jerry also wrote:

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>It seems to me the only dealers that may have been burned are the ones that would have been charging window plus, plus - or am I missing something?<HR></BLOCKQUOTE>

Yes, you are missing something................a brain!

 

[Mike Brunton]

Re: Is the VCA helping \"resale\" of SRT 10 ?

Wow Rick - talk about launching the nukes

Although I may be wrong on this but I think dealers still get holdback too? Which I believe is about 3% or a bit over $2k on a $75k purchase.

I know what Rick is saying - the dealers were competing ******* price. But personally its just hard to feel bad for the dealers after the antics I've seen in the past. I know some good dealers were not the cheapest ones but they got a lot of certificates... so sometimes relationships do help.

 

[luc]

Re: Is the VCA helping \"resale\" of SRT 10 ?

After my initial posting,I got quite a few unsigned,private e-mails from someone that basicaly was telling me that i was making a big deal of nothing and the the person/company advertising on the VCA board was/must only be selling his car.

Mr,Jerry De Young,VCA Central CA President,was that you sending me those e-mails with an adress of : [email protected]

If not I apologize to you.

But if it was you,I'm sure that peoples would be interested to know that the company that is a paid VCA advertiser and offer for sales SRT is owned by your ............VP.

Luc.
00GTS
03SRT

PS:will that be against the board rules to post all those e-mails and my answer to them?

 

[MiamiJeff]

Re: Is the VCA helping \"resale\" of SRT 10 ?

Gee, after paying the dealer 1.5% over MSRP and the dealer's 3% holdback from Dodge maybe those dealers aren't doing so awful, especially when their floorplan cost for ordering a car that that's already sold is negligible. Throw in an even nicer profit margin for anyone's trade-in (fairly well deserved since that's a riskier negative cash flow transaction) and it's not too shabby an overall business to be in.

As a stockbroker with a high net worth clientele, I don't charge my clients anywhere close to half of that 4.5%....no complaining here.....and I don't get a chance to make money in my service or parts departments!