I bought my 2011 Honda fit brand new. Six months later the salesman calls me personally to let me know the dealer would buy the car back at 20k. We financed 17.9 OTD. I told him "sure, if you line me up another fit in six months" he could not promise that, and I kept my car I apparently "underpaid for"
Second idea- we should really make this about the biggest difference felt in mark up. We are comparing "same model, different trim" I'd like to know if the experience is really different for the amount you paid.
$40k-$45k for a freaking Mini! 
Well, lets see. The vehicle is selling well, the factory is making money so none are overpriced. If they start sitting on the dealers lot, then price may be one cause or something else.
Just about anything designed to appeal to people with too much dough. Cadillac, Lincoln, German, Lexus instead of Toyota, Acura instead of Honda, anything with "rover" in the name, or most vehicles identified by 3 initials. STI, CTS, MKZ, SRT, etc.
Joe Gearin wrote:
Sine_Qua_Non wrote:
Any BMW.
Can't agree with this. Our M235i has an MSRP of about $44K. Sure that isn't peanuts, but it's a pretty darn good value for what the car delivers.
Now I know you can option up a new Boxster into SIX figures.....that seems a bit much. 
Fixed it for you, because the thought of a million dollar Boxster was disturbing.
Nobody can inflate prices like the Germans. It's not too difficult to nearly double the original price of the vehicle with options. They usually hit you with $500-$1000 just to start with to get anything other than you basic white and/or black paint color. And they bundle options. Oh you want a starter button, then you need to get the luxury package with leather and sunroof for $7500. Sports seats, anything carbon fiber, ceramic brake packages? Forget about it! I love the cars but every time I have convinced myself to get one, the price puts me off.
JFX001
UberDork
4/9/15 7:01 p.m.
Porsche is also famous for adding cost for little to no options.
iceracer wrote:
Well, lets see. The vehicle is selling well, the factory is making money so none are overpriced. If they start sitting on the dealers lot, then price may be one cause or something else.
That must be why some of the fastest selling vehicles on the market seem to almost always be running massive "rebates" from the manufacturer. 
IMHO, all of them. There isn't a new car on the market that is worth the asking price to me.
T.J.
PowerDork
4/9/15 7:17 p.m.
Ranger50 wrote:
Camry.
No, that can't be right. The Camry is bold.
ALL new cars and especially trucks are way overpriced Imo.
How can computers go from cutting edge technology and super high prices in the 80's to cutting edge technology of today that can be had for $399 at walmart? New cars haven't changed that much!
iceracer wrote:
Well, lets see. The vehicle is selling well, the factory is making money so none are overpriced. If they start sitting on the dealers lot, then price may be one cause or something else.
Ah, I see I found the other person in the thread who's taken Econ 101. 
T.J.
PowerDork
4/9/15 8:19 p.m.
Subprime auto loans given to anyone who wants one no matter their credit score or ability to pay the loan back tend to result in more sales and distort the market. The notion that since cars are selling they are priced correctly is sort of a fallacy when they are in large part being bought with free money that won't be paid back. The banks learned from 2008 sub prime housing bubble, but instead of learning not to make risky loans and then package them up and sell the bundle, they decided to repeat the same game except with cars.
T.J. wrote:
Subprime auto loans given to anyone who wants one no matter their credit score or ability to pay the loan back tend to result in more sales and distort the market. The notion that since cars are selling they are priced correctly is sort of a fallacy when they are in large part being bought with free money that won't be paid back. The banks learned from 2008 sub prime housing bubble, but instead of learning not to make risky loans and then package them up and sell the bundle, they decided to repeat the same game except with cars.
Exactly this. History always seems doomed to repeat itself. I just had a friend who leased a fully loaded RAM pick up with a $47K sticker for $245 a month with no money down. That can't even be paying the interest/depreciation. Chrysler will sell/lease anyone a vehicle as long as they have a pulse and I am pretty sure you won't even need that to get one soon.
Trans_Maro wrote:
Tesla
I drove a p85d the other day, that thing pretty wicked (almost 700hp)
Joe Gearin wrote:
Now I know you can option up a new Boxster into seven figures.....that seems a bit much.
SEVEN??
Explain how plz. I am quite curious.
In reply to ProDarwin:
Order it with the optional 918 as a pair?
Mike
Dork
4/9/15 9:54 p.m.
I don't understand the VW EOS. It's not particularly luxurious or sporting. It's somehow $36k base.
The Honda Ridgeline seems overpriced too.
Datsun1500 wrote:
In reply to Feedyurhed:
I'll take that lease deal, and I don't need another truck. $245 for a loaded truck? I'm in.
And I realize $47k isn't that loaded up, but still. $245?
No kidding. With zero down? I don't even like Dodge trucks, but I'd take that deal every day and twice on Sunday.
I don't doubt that some shady financing is going on that distorts the market, there's always been that kind of thing. But I have some doubts about how widespread it is, especially considering how many people are financing new cars through the automakers' finance arms.
There are plenty of cars on the market that are overpriced IN MY OPINION. But, as long as enough people are willing to pay that much for them, objectively speaking, my opinion is incorrect. Sorry, but I'm a free market guy, and that's how it works.
In reply to sesto elemento:
They asked for an overpriced car.
I'm betting on those things having a terrible resale value.
