These Car Prices Are Ridiculous (The Roman Report)
Whether you're buying new or used, one thing is crystal clear: car prices are out of control. Are car dealerships just greedy, or is there a bigger reason behind all these dealer markups? Will this ever end? And how can you avoid getting played by dealerships and the inflated prices these markups cause? Regular Car Reviews is back with another edition of The Roman Report.
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Chapters:
00:00 Intro
02:56 Insane prices
05:34 Markups are bad for business
06:39 The reason this is happening
10:49 Viewer testimonials
17:23 Why things aren't THAT bad
18:14 Fighting back against dealerships
19:56 The bizarre history of dealership law
23:21 This cannot continue
26:20 How to avoid dealer markups
27:49 Conclusion
29:15 Photo Credits
Sources:
"Exclusive: An Industy (sic) Insider On The Truth Behind Dealer Markups And How To Avoid Them" By Noah Washington https://www.topspeed.com/insider-trut...
"Can You Buy a Car Directly From an Automaker to Avoid a Dealer Markup?" By Devin Pratt https://www.consumerreports.org/cars/...
"New FTC Rules Target Deceptive Car Dealership Deals and Scams" By Justin Banner https://www.motortrend.com/news/2024-...
“Average New Car Price Falls Below Sticker for First Time in Almost 2 Years” By Sean Tucker
https://www.kbb.com/car-news/average-...
"Study: Dealer Markups Contributed to Recent Inflation" By Sean Tucker https://www.kbb.com/car-news/study-de...
Study: Dealers Lose Repeat Business Through Markups” By Sean Tucker https://www.kbb.com/car-news/study-de...
“Automotive dealerships 2019–22: dealer markup increases drive new-vehicle consumer inflation” By Bureau of Labor Statistics https://www.bls.gov/opub/mlr/2023/art...
"Ford and GM Warn Dealers to Stop Charging So Much for New Cars" By Nora Eckert and Mike Colias https://www.wsj.com/articles/ford-gm-...
\“FTC CARS Rule: Combating Auto Retail Scams – A Dealers Guide” By the United States Federal Trade Commission https://www.ftc.gov/business-guidance...
"These Are the Worst Dealership Markups on Markups.org" By Lawrence Hodge (07/07/2022) https://jalopnik.com/these-are-the-wo...
Markups.org
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