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2022+ Tundra Dealer Markup (ADM) List Public Editable live website www.markups.org

Discussion in '3rd Gen Tundras (2022+)' started by p0opstlnksal0t, Dec 7, 2021.

  1. Jul 30, 2022 at 11:55 AM
    #481
    Floridaman850

    Floridaman850 New Member

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    Edited because I misread your comment:

    Most of the people buying these cars at these prices are not fiscally responsible and by that I mean they cannot afford it over the life of the loan.

    Repossessions increase, the used car market saturates, inventory sits on the lots and the dealers sell them for less than they paid at auction. It will eventually affect the new car market. It’s gonna be exciting and I have lots of popcorn.

    The real reason manufacturers have been getting involved (see Ford/GM) is less to do looking pro consumer and more to do with financial loss in the long term.
     
    Last edited: Jul 30, 2022
  2. Jul 30, 2022 at 5:46 PM
    #482
    DBWA

    DBWA New Member

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    This is counter intuitive to me, how are their quarterly earnings year over year? I’d guess Toyota manufacturing doesn’t get anything out of the dealer markups. I bet their margin is better off with high volume sales rather than low volume sales at a higher cost. As far I know they don’t charge the dealers more if there is scarcity just dealers charging consumer more.
     
    Last edited: Jul 30, 2022
  3. Jul 30, 2022 at 6:42 PM
    #483
    YF19EX

    YF19EX New Member

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    As someone in a channel or post said, even though the car companies are trying publicly to put the kabosh on markups, financially they are not stopping them. Toyota and other car companies are as much banks as they are manufactures. They have no problems issuing that 90k loan for a marked up to hell TRD Pro Tundra.
     
  4. Jul 30, 2022 at 8:13 PM
    #484
    breynolds

    breynolds New Member

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    I wonder if manufacturers are actually seeing a decline in overall sales though. Dealers with exorbitant markups have many MANY cars sitting on the lot because (hopefully) people are getting smarter and shopping elsewhere to try and pay MSRP. Hands down, a majority of dealers out there are charging a markup, MSRP dealers are few and far between.
     
  5. Jul 30, 2022 at 8:14 PM
    #485
    DBWA

    DBWA New Member

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    Good point! Toyota financing is probably doing great with those loans. The auto loan market for sure is facing head winds, lots of defaults. So that can’t sustain forever
     
    Last edited: Jul 30, 2022
  6. Jul 31, 2022 at 11:13 AM
    #486
    Cjames17

    Cjames17 You gotta wanna

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    They are.

    Screenshot_20220731-131255_Samsung Internet.jpg
     
  7. Jul 31, 2022 at 8:24 PM
    #487
    breynolds

    breynolds New Member

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    So of course they'll be pissed about dealers who are sitting on cars due to a markup.
     
  8. Aug 1, 2022 at 2:14 AM
    #488
    BadTrainDriver

    BadTrainDriver New Member

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    Toyota sales are down due to the overall lack of being able to manufacture vehicles, not because cars are sitting on dealers lots.
     
    Boerseun likes this.
  9. Aug 2, 2022 at 3:27 PM
    #489
    Twin2turbo

    Twin2turbo New Member

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    Did check out Dick Hannah in Kelso? They are selling at MSRP with no dealer add on, plus free Limited Life Time warranty. I have a deposit in with them and Vancouver.
     
  10. Aug 2, 2022 at 4:48 PM
    #490
    Cjames17

    Cjames17 You gotta wanna

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    @breynolds here are July's numbers. I tend to agree that these numbers are mostly due to manufacturing issues that Toyota is facing. I know that TMNA will prioritize common parts, like computer chips, to vehicles most in demand, such as the new Tundra.

    Screenshot_20220802-184350_One Toyota.jpg
     
  11. Aug 2, 2022 at 7:15 PM
    #491
    trazerr

    trazerr New Member

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    Have not checked with them yet. They are a bit farther away from me and I don’t think they are as big as Vancouver? I probably should give them a call though, thanks!
     
  12. Aug 3, 2022 at 2:33 PM
    #492
    Theonlyway

    Theonlyway New Member

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    Toyota of Portsmouth NH has a Trd pro coming in with a 20k mark up $89,519
     
  13. Aug 4, 2022 at 7:41 AM
    #493
    Elf Chef

    Elf Chef New Member

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    Performance Toyota in Fairfield,OH, just north of Cincinnatti:
    No negotiation whatsoever. Take it or leave it with the following conditions for a Limited 4x4, Crew Max, 6.5ft bed, and virtually all packages other than TRD.
    $5000 Markup over MSRP. No option and no quibbling. Them: "Don't like that? Go somewhere else, and good luck"
    Will NOT reserve an incoming truck in transit unless you have a trade-in...PERIOD. No Cash deposit or other method to reserve an inbound.
    WORST OF ALL...will NOT sell a new Tundra unless financed through Toyota Motor Financing...PERIOD! Will NOT sell on a cash basis or with outside financing.
    Forced $1900 Toyota theft, plastic and cloth 7-year protection warranty. Can't buy without.

    I can't find a Tundra anywhere close to the specs on my desired truck specs within a 200 mile radius, either currently on the lot or in-transit, so I was forced to submit or go lower with an SR5 build, and even then at a predatory price. They also Screen Shot 2022-08-03 at 12.36.46 PM.jpg gave me a crappy trade-in deal on my low mileage 2016 Scion iA, well below KBB valuation.

    Sucks when you NEED a particular truck build NOW and can't wait for months to match at least the minimum build required. Sigh.... Truck arriving in next 10 days for pickup, if I have enough money left to pay for the gas to get to the dealership!
     
    McCrapper likes this.
  14. Aug 4, 2022 at 7:48 AM
    #494
    Elf Chef

    Elf Chef New Member

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    They can't do high volume because they are on extremely limited allocations from Toyota to dealers. That still doesn't excuse the grossly inflated, predatory price gouging.
    I had to have the truck, which is very difficult to find, despite the price. That being said, I will NEVER do business with the same dealer in the future when things go back to what was normal pre-2020.
     
    OnThaLake and tripleconpanna like this.
  15. Aug 4, 2022 at 7:49 AM
    #495
    Floridaman850

    Floridaman850 New Member

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    I am fortunately in a position where I’m in zero hurry for a new truck, however, I have a good memory and I’m almost pushed away from the brand. Between these dealer shenanigans and the new Tundra, quite frankly, not very impressive to me, I’ve entertained shopping elsewhere.

    I’m fickle and rarely keep a vehicle long enough for reliability to matter so I’m ok with it.
     
    tripleconpanna likes this.
  16. Aug 4, 2022 at 9:16 AM
    #496
    DBWA

    DBWA New Member

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    This is exactly what I was implying. There is a difference between Toyota manufacturing and Toyota sales. The manufacturing company probably makes more on a high volume of production, which it cannot actually execute right now. As I understand it regardless of the current scarcity Toyota manufacturing still charges the same price to the dealers. The dealers are going crazy with markups because of the low production/inventory numbers. Some one else wisely pointed out that Toyota financing is probably just fine with the higher loan amounts, I think that’s a reasonable hypothesis but they also may have made more with the higher volume of loans, since I’m not working there it’s hard to know with out insider data.
     
  17. Aug 4, 2022 at 4:31 PM
    #497
    bigjuice

    bigjuice Finally enjoying the PNW summertime

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    This is just Highway robbery
     
  18. Aug 6, 2022 at 11:40 AM
    #498
    Minarets

    Minarets New Member

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    Toyota cool springs has a solar octane unspoken for. $93k. 25k ASM.

    would never. Could never

    E7187E2D-50F9-4BF0-9BDD-57F10E658F22.jpg
     
    Roctane84 likes this.
  19. Aug 6, 2022 at 11:45 AM
    #499
    Roctane84

    Roctane84 Cougar 1 Bear 0; Eff all Snakes;

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    how about $92k? Ill undercut them :rofl:
     
    Minarets likes this.
  20. Aug 6, 2022 at 12:25 PM
    #500
    Minarets

    Minarets New Member

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    Finally got to sit in one tho. Didn’t drive it. They asked. They definitely want my 21 LR but not enough. Haven’t driven the hybrid. Love the interior. I don’t care for the smaller squished windshield.
     
  21. Aug 8, 2022 at 4:39 AM
    #501
    ucf3

    ucf3 New Member

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    nothing yet
    Does anyone know if Toyota will use this list to restrict certain dealers from factory rebates?
     
  22. Aug 8, 2022 at 6:11 AM
    #502
    bigjuice

    bigjuice Finally enjoying the PNW summertime

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    Chance are that’s a NO.
    We would also like to assume Toyota monitors/pay attention to these forums but that’s also just an assumption I would think.

    …and then if they did they wouldn’t feel obligated to respond to any of our feedback, etc…if that were the case we may still have a V8 Option, diesel, HD and a ton of other things that people have wanted over the years :notsure:
     
  23. Aug 8, 2022 at 9:10 AM
    #503
    BadTrainDriver

    BadTrainDriver New Member

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    Who wants or wanted a less powerful, less fuel efficient V-8 option???
     
  24. Aug 8, 2022 at 10:29 AM
    #504
    YF19EX

    YF19EX New Member

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    You know what is unfortunate? I have been in contact with some MSRP dealers. But when it comes to specialized models like Pro or Capstone, those ethos go out the window and the promise of MSRP with it.

    I got quoted $15999 ADM on a TRD Pro from a listed MSRP dealer on markups.org. Apparently they changed their policy on the Pro model in May, when they were making money on marked up used vehicles but not factory new cars.
     
  25. Aug 8, 2022 at 5:08 PM
    #505
    Boerseun

    Boerseun Super White

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    I have been doing business with my local Toyota dealership for more than 20 years. They called me to ask if I am interested in trading my Tundra on a new one. I have been thinking about it but not interested in paying a markup. But I decided since they invited me I would go.
    First of all, when I got there, they don't even have a Tundra in stock to sell me! They can order me one but will add $10,000 markup. My truck is worth $31k on KBB, they offered me $15k. Mind blown. Offered me more for trade after I called them out on it, but I will not do business with them.
    I contacted the dealership at the next town over and they ordered me exactly what I wanted with no markup. Just straight MSRP. I have never paid MSRP in my life, always 10 to 12% under, but in this market I am okay, especially since they don't try to screw me.
    Now the wait starts....
     
    tripleconpanna likes this.
  26. Aug 8, 2022 at 6:55 PM
    #506
    funE_man

    funE_man New Member

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    It's what many dealerships continue to miss, I get they have bills to pay but when this time period passes - how many customers that they've screwed will return to buy a car or get service performed.
     
    Boerseun likes this.
  27. Aug 9, 2022 at 5:20 PM
    #507
    bigjuice

    bigjuice Finally enjoying the PNW summertime

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