Podcast
Questions and Answers
What was the outcome of the author's experience with car buying?
What was the outcome of the author's experience with car buying?
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What is the term used to describe the pricing strategy of charging customers different prices based on their willingness to pay?
What is the term used to describe the pricing strategy of charging customers different prices based on their willingness to pay?
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What tactics do some dealerships use to take advantage of customers?
What tactics do some dealerships use to take advantage of customers?
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Why is buying a car different from buying other products?
Why is buying a car different from buying other products?
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What is a common issue contributing to the high cost of buying a car?
What is a common issue contributing to the high cost of buying a car?
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What is an example of an overpriced add-on that dealerships may try to sell to customers?
What is an example of an overpriced add-on that dealerships may try to sell to customers?
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What is one of the proposed rules by the FTC to regulate the car buying process?
What is one of the proposed rules by the FTC to regulate the car buying process?
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According to NADA, what would be the consequence of the FTC's proposed rules?
According to NADA, what would be the consequence of the FTC's proposed rules?
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What advice does Michelle Krebs, an automobile industry analyst, give to car buyers in the current market?
What advice does Michelle Krebs, an automobile industry analyst, give to car buyers in the current market?
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What was the experience of the author when searching for a new truck online?
What was the experience of the author when searching for a new truck online?
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What term is used to describe dealerships that employ tricky pricing strategies?
What term is used to describe dealerships that employ tricky pricing strategies?
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Why did the author initially struggle to find a suitable truck at a fair price?
Why did the author initially struggle to find a suitable truck at a fair price?
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What was the outcome of the author's partner's negotiation with a dealership?
What was the outcome of the author's partner's negotiation with a dealership?
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According to economic studies, which demographic tends to be charged higher prices by dealerships?
According to economic studies, which demographic tends to be charged higher prices by dealerships?
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What signal does trading in a used car send to dealerships, and how do they respond?
What signal does trading in a used car send to dealerships, and how do they respond?
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What factor has contributed to dealerships charging more than the Manufacturer Suggested Retail Price (MSRP) in recent times?
What factor has contributed to dealerships charging more than the Manufacturer Suggested Retail Price (MSRP) in recent times?
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How have some dealerships been charging buyers, according to Michelle Krebs, executive analyst of Cox Automotive?
How have some dealerships been charging buyers, according to Michelle Krebs, executive analyst of Cox Automotive?
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Why are automakers unhappy with their franchises charging high markups?
Why are automakers unhappy with their franchises charging high markups?
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What measure did Hyundai Motor Company take to address deceptive pricing practices by its dealerships?
What measure did Hyundai Motor Company take to address deceptive pricing practices by its dealerships?
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Why have companies like Tesla and Rivian avoided using independent dealerships?
Why have companies like Tesla and Rivian avoided using independent dealerships?
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What is the significance of the Manufacturer Suggested Retail Price (MSRP)?
What is the significance of the Manufacturer Suggested Retail Price (MSRP)?
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What is the consequence for Ford dealerships that fail to cut down on markups?
What is the consequence for Ford dealerships that fail to cut down on markups?
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What is the direct-to-consumer retail model that some automakers are trying to build?
What is the direct-to-consumer retail model that some automakers are trying to build?
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What do state franchise laws protect?
What do state franchise laws protect?
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What services do dealerships provide, according to the text?
What services do dealerships provide, according to the text?
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What is the main argument of opponents of protective franchise laws?
What is the main argument of opponents of protective franchise laws?
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What is the National Automobile Dealers Association's (NADA) stance on franchise laws?
What is the National Automobile Dealers Association's (NADA) stance on franchise laws?
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What is the Federal Trade Commission's (FTC) stance on state franchise laws?
What is the Federal Trade Commission's (FTC) stance on state franchise laws?
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What is the criticism of dealerships resorting to tactics that raise prices for consumers?
What is the criticism of dealerships resorting to tactics that raise prices for consumers?
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What is the trend in the dealership industry, according to the text?
What is the trend in the dealership industry, according to the text?
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What is the purpose of the FTC's proposed new rules for dealerships?
What is the purpose of the FTC's proposed new rules for dealerships?
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What is the result of state franchise laws on innovation in the automobile industry?
What is the result of state franchise laws on innovation in the automobile industry?
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