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<p>[QUOTE="Publius2, post: 4938516, member: 105571"]You asked for what I thought of the idea of "transparent pricing" from my own standpoint, therefore I am not going to pretend I know what the "market" or "everyone else" thinks.</p><p><br /></p><p>It would be a complete waste of time for me. I don't care what the dealer has in it. I view "transparent pricing" as just another ploy to manipulate the buyer market into guaranteeing to make good a dealer's risk. You know, "privatize the profit but socialize the risk". </p><p><br /></p><p>I have sometimes had a dealer reject my offer with the statement that he bought it for more than my offer. Who cares? If he made 10,000% profit on it would he tell me? No. So, why should his cost matter to me? It shouldn't and doesn't. And how do I verify his statement even if I cared? Audit his books? </p><p><br /></p><p>I am reminded of GM's venture with the Saturn brand where their hook was a no haggle price. Multiple studies showed that buyers of Saturn vehicles paid more than they should have for the "privilege" of not bargaining with the dealer. So the customer had to pay in order to avoid the stress or discomfort of negotiating. Who does that favor? Any guesses?</p><p><br /></p><p>No, transparent pricing is anything but and simply provides the seller with another means to manipulate things to his advantage.[/QUOTE]</p><p><br /></p>
[QUOTE="Publius2, post: 4938516, member: 105571"]You asked for what I thought of the idea of "transparent pricing" from my own standpoint, therefore I am not going to pretend I know what the "market" or "everyone else" thinks. It would be a complete waste of time for me. I don't care what the dealer has in it. I view "transparent pricing" as just another ploy to manipulate the buyer market into guaranteeing to make good a dealer's risk. You know, "privatize the profit but socialize the risk". I have sometimes had a dealer reject my offer with the statement that he bought it for more than my offer. Who cares? If he made 10,000% profit on it would he tell me? No. So, why should his cost matter to me? It shouldn't and doesn't. And how do I verify his statement even if I cared? Audit his books? I am reminded of GM's venture with the Saturn brand where their hook was a no haggle price. Multiple studies showed that buyers of Saturn vehicles paid more than they should have for the "privilege" of not bargaining with the dealer. So the customer had to pay in order to avoid the stress or discomfort of negotiating. Who does that favor? Any guesses? No, transparent pricing is anything but and simply provides the seller with another means to manipulate things to his advantage.[/QUOTE]
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