While automakers like GM are slashing prices on cars that aren’t selling well, they’re doing just the opposite on hot sellers. We’ve recently received several reports from car shoppers regarding so-called “price gouging” at dealerships. Of course, it’s nothing new, but in times like these it seems especially inappropriate. According to multiple reports, cars like the Pontiac Solstice are selling for as much as $5,000 above MSRP at many dealerships in the United States. But the problem isn’t limited to GM or Pontiac — it happens with virtually every hot car after its introduction — BMW “M” models, Corvettes, and Vipers are all common targets for inflated pricing. Unfortunately, it’s perfectly legal for dealerships to do this in the United States. In some European countries, however, dealerships must sell cars at MSRP. Should similar legislation be brought to the U.S.? Post your thoughts in our comment section…
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