Quote:
Originally Posted by The Champ
It's not greed when there is no supply.
Drive around and look at the dealers lots. Extremely low inventory of new vehicles (if they have any) and they are forced to pay through the nose for your trade in.
I benefitted back in July when I purchased my Cadillac CT4. As an employee, I got the Caddy for over $5,000 off sticker (and they had to go 500 miles to get it and bring it to MN). I got over $7000 more for my 2014 Cadillac ATS4 than I would have a year ago because of the shortage of quality used cars. They sold my trade (at a profit) in less than 30 days.
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It is greed. They can sell what they have at the manufacturers price, which is already ridiculous. Yes it is a supply and demand but there is no reason why the price should escalate other than greed. They are making less money because of the low volume of sales, so they add a silly charge to help make up the difference. Nothing but Greed.
When you go to the grocery store and there is only one roll of TP on the shelf and the price is $25 would that not be greed as well?