All car companies may go the same way and set the prices.
https://www.abc.net.au/news/2021-03-19/car-dealerships-honda…
Honda Dealers Losing Their Franchise
Snake 4 on 19/03/2021 - 11:42
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I have always had a price I would like to pay and a maximum price I'm willing to pay and I will walk away if I can't get at my maximum which is always below rrp, last time I looked at cars I lost interest in Mazda because they really weren't interested in negotiating they basically had the attitude of we don't need to deal to get sales I said no worries and brought a Kia very happy with my purchase. As i said to someone they wouldn't drop the price by about 4% so they lost 100% of the price
Similar thing last time I went shopping for a car. At the local dealer in the middle of rich, cashed-up miners boganville, the dealers said "We don't discount cars. The prices you see on them ARE the negotiated prices…". I laughed all the way to Sydney and bought a car for $4,000 less than the "no haggle" local dealer.
To be fair to Mazda, this atttiude is common with the companies that know their shit flies off the shelf…
Had the same attitude from Subaru Toyota… and Honda.
In fact our family bought two Hondas from a a now defunct dealership simply because the salesman was a relative of a workmate and he was always straight up and down.
Never bought another once since the value proposition isnt there and Honda dealers frankly suck.
shit flies off the shelf…
from Subaru and Honda
Neither of those fly off the shelf. Not mass market. If they sold at those prices the volumes say Toyota, KIA and Hyundai are selling they'd be buying up half the other companies.
Some brands just have a false sense of prestige.
I'd be interested to see with the agency model whether prices come down anyway due to competition, it is a bit like laundry powder on Woolworths.
@netjock: Maybe not now but they used to… I'm going back to the era of the Accord V6, Accord Euro. The dealer I'm thinking about used to sell Honda alongside prestige marques.
Subaru have always IMO sniffed their own farts with their full time 4wd and WRX thing.
Both these brand used to not be able to hold inventory for much.
Now? Dunno dont care.
But I would say from personal experience it used to be Hondas had insane resale value.
This is no lie… we had a CRV… sold at 3yrs under 50,000km. I think it was $35k all up and it sold for just under $30k.
That's ridiculous.
This is no lie… we had a CRV… sold at 3yrs under 50,000km. I think it was $35k all up and it sold for just under $30k.
Wouldn't be surprised. Honda's always traded with their reputation from the glory days of being in F1 then sports coupe like Prelude and Integra Type R. Those die hard fans are going away as they age they can afford better brands or find they'd rather trade down to something of similar quality and lower price.
Accord Euro was probably their last car that got any word of mouth. Hardly hear anything about Honda's now.
Other brands have lifted their game and Honda is just stuck.
Does anyone care ?
Yes, just another franchise like model that is ready to blow up. Bit like GM and Holden dealers.
Good. The new car dealers screwed over consumers when they lobbied the government via the FCAI to restrict parallel imports. They restricted the market out of their own interests and the manufacturers they thought would always have their back are doing their own thing. Karma is a b!tch.
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*but how would trade-ins be dealt with?
Wouldn't there be some haggling there?