RSS RSS Twitter Twitter
Leftlane - news, reviews, and info for the auto-industry
 
 

Saturn dealers mark up Sky by several thousand

03/20/2006, 8:42 AM

By admin

Some Saturn dealers are beginning to inform customers that they will be selling the Saturn Sky roadster for more than the suggested retail price of $23,690. According to the Orange County Register, some dealers will sell the vehicles for as much as $3,000 over MSRP. In January, we reported that some dealers were selling the Pontiac Solstice — a sister vehicle to the Sky — for as much as $5,000 over MSRP, much to the outrage of many Pontiac fans.

    Print This Post

New car price quote

Zero obligation price quote from a trusted local dealer.
 
 

03/20, 10:18 AM

posted by:

paperycow

boooo!!!! isn’t that what happened to the pt cruiser..and look what happened. i think you mark up the price on an iffy car (as opposed to a car/manufacturer with a proven track record – i.e. – bmw) you run the risk of people not buying, going with something else…and thus losing sales.

03/20, 10:24 AM

posted by:

Chris

Saturn selling for prices above MSRP?! I didn’t think that was possible with their “no haggle” sticker price business model? It is (was) the essence of their brand.

Woops… did I say something against the “free market economy” model? Let the salesmen begin their economic lessons…

03/20, 10:39 AM

posted by:

paperycow

good point chris…the people friendly brand isn’t so people friendly when they finally get a hot product…sounds like greed will always show its face.

03/20, 11:14 AM

posted by:

LJ

Well ****. I expected saturn to be the one NOT to do this stupidness.

03/20, 11:26 AM

posted by:

mike

There’s a list of dealers that are NOT marking up the price of the sky at saturnfans.com. It’s unfortunate that some dealers are ruining a reputation 15 years in the making

03/20, 11:39 AM

posted by:

captain america

i think the sky looks alot better than the solstice, if they left the price alone they could sell alot more…asses

03/20, 2:24 PM

posted by:

Lewis Salem

There were markups when the newer Ford Thunderbird came out too.

03/20, 3:34 PM

posted by:

gsh

haha this is awesome…gm has a hit on their hands? this is just another pt cruiser/thunderbird fad car. i dont blame the dealers for trying to milk every last bit of hype. after all they are all probably very hungry to sell cars. just watch, in 1 year these two roadsters will be selling for below invoice and people will still not buy them…

03/20, 5:17 PM

posted by:

Anonymous

The local Poncho dealer has their Solstice marked in big print: $28,900. on the windshield so there’s no mistake.

Then, take a look at the fit of the top when it’s up: tell me if that level of quality is worth almost $30k.

jim

03/20, 5:24 PM

posted by:

JoJohn

If the dealers held that low price you would get people buying and reselling for a profit (I didn’t know how they were going to make money on those at that price) – the dealer would probably rather keep the extra markup for themselves, this is america..

03/20, 5:39 PM

posted by:

jimothy

I had seen dealers selling the Chrysler 300C SRT-8 (6.1L Hemi) at a $15,000 markup (to $60,000), which is ridiculous. Granted, they aren’t selling at that markup any more, but the were for a time anyway.

03/20, 6:07 PM

posted by:

JoJohn

Gotta get your profit on while there’s a tight supply and big demand – if suckers want to pay it let em.

03/20, 8:31 PM

posted by:

Sean

I gotta agree with Mike. The Saturn dealer I went to told me there isn’t a markup. It’s not their way of selling cars…I was told.
As always, a few people screws things up for everyone else. In this case the dealers.

03/20, 9:55 PM

posted by:

manny

im with the captain…
maybe if you put the engine from the solstice GTP or opel GT under that hood, it mught be worth the markup?

03/20, 11:47 PM

posted by:

WHUT

There is nothing wrong with selling the cars for whatever price the market will bear. This is supply and demand. If a dealer is too greedy, and the price is too high, in a competitive market, people will just not buy from them. But it would be foolish to sell a vehicle at a price that the buyer could in turn resell for a larger profit at an auction or on the open market. If you _have_ to be the first on the block to own one and supplies are limited, you rightfully will pay more than the guy who waits until the car has been on the market for a year or so. Why is this such a shock? It happens with _all_ manufacturers when they introduce a new, hot model.

 
 
You need to log in with your user name and password before you can leave comments.

    

Forgot your Password?

Don't have a user name yet? Simply fill in the form below and click the link provided in the
confirmation email. You must supply a valid email address to complete the registration process.

  
 
 
 
 
  • Login
  • About
  • Contact
Please note that you need to log in with your user name and password before you can leave comments.
  

login
cancel
Forgot your Password?
Don't have a user name yet? Click here to register now.

Simply fill in the form below and click the link provided in the confirmation email. You must supply a valid email address to complete the registration process.

  
submit
cancel
Leftlane is the leading source for automotive industry and vehicle news, new car research, future vehicle information, and reviews. Read by car shoppers, driving enthusiasts, autoworkers, executives, and investors, the website is updated throughout the day with the very latest auto news - as it happens.

Leftlane also provides consumers with accurate and media-rich information on every car currently on the market. In-market shoppers can review specs, read overviews, view high-resolution images, watch videos, and estimate pricing. No other automotive publication brings together the same degree of timeliness, thoroughness and accuracy as Leftlane.
 
submit
cancel