wow this is getting out of hand pretty quickly with the mark ups. Lots of sleazy dealerships. I think they know that the actual reservation holders will continue to refuse the units they’ve already verified, so eventually when they go down their list of reservation holders at their dealership then the unit just becomes theirs and can gauge someone who didn’t get on the reservation list and is willing to pay more. In the meantime all the people who actually reserved are getting screwed.
$50k Dealer Markup
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Hummer EV Order Tracker: Add Yours Here!
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First step, talk to the dealership owner, and explain... Next step of escalation is to tweet the GM execs...
By law in most states a verbal agreement is an agreement, the only issue is if the salesman denies saying that, then it comes down to your word versus theirs, but if you have anything that can back up what you are saying, (even a post on here) you can win in court.
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Sleazy dealerships? did you say that previously when you were buying cars and asking for a discount? Dealerships are businesses, and in my experience the managers of those business job is to make profit, currently they cannot get enough cars to sell so they have to charge more for each car to make the same profit. Most companies Tesla included are doing the same thing, Tesla raised prices 25% in the last year, and everybody pays more... Now, on the Hummer I think most people can get it for MSRP if they push back on these markups. Talk to the owner f the dealership, and make sure they know you are going to stir up trouble with GM if they continue on that path. Then if you have to, stir it up, Most dealerships do not want to piss GM off, and will back down, some may not in which case, you should move to a different dealership, but ask the question when you order... Not later....
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Thanks for the advice TomE-Tron. I’m not going to walk away from this deal that easily. If we have to go to court then so be it. I’m a Special Agent with the government so it will be interesting to see who a jury would favor. But first I will be reaching out to the owner and possibly a regional manager but my expectations are not so high at this moment.
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You are 100% correct that I should have had something in writing when I placed my order. I know now that a verbal agreement and a hand shake means nothing to this dealership. I see that this has been stressed may times in this forum and hopefully someone reading this will not make the same mistake as I did.
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I think we should all start calling GMC dealers and finding backups to our original dealer. I think the ADMs are going to get out of control very soon.
I understand marking up a car that's sitting in their inventory, but to be price gouged on something that was ordered 2 years ago is ridiculous.
I understand marking up a car that's sitting in their inventory, but to be price gouged on something that was ordered 2 years ago is ridiculous.
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I don't think it really matters what they mark these up by. I did some checking with some local dealer buddies and basically these trucks are made to be political pawns. They are building and only sending them to blue states which is the reason you have only seen them in Michigan and California. On top of that they are not building any of them much less making any deliveries. I will watch closely but unless something changes there is no way they make the delivery dates published on their site.
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OH MY GOSH, tin foil hat guy arrived... Deliveries have been confirmed in FL, AZ, TX, NC, The reason MI gets them first is because it closest to the factory (and company HQ), and CA is the largest EV market for all EV's incl Hummer.
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Um, If this information is based on what your dealer buddies are saying, I would certainly take it with a grain of salt. The information is wildly inaccurate, and GM is going to build and sell anything they make money on. They are, and will continue to make money on these. That's how oems work.
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From a used car dealer to a mutli million dollar franchise holder some of the largest dealerships in my state. I believe what he says of course I do realize he is a car dealer and wants what sells and can sell. He can not get a hold of EVs right including hybrids but I do believe what he says and he lives it everyday. Also Forbes just had this article come out kind of giving credibility to what he was saying.
Why GM Will Drive Its EV Business Into A Wall
Let’s be perfectly clear. Despite countless press releases and bravado, General Motors is not really in the electric vehicle business. At this stage, the Detroit, Mich.-based company is more focused on giving the impression it is an EV market leader.
www.forbes.com
of course you are all free to believe what you want.
Please HELP!
New Member here, but I have followed this forum for a while. Summer Delivery. Verified my ED1 last Wednesday (3/16) but hadn't received any confirmation from my dealer. So I called them today to see what was going on. They told me that "they were only receiving one ED1, and it was going to be a demo model" and " when they did decide to sell it, they would be marking it up $50K."
I promptly called the concierge, (she was very nice) and they knew nothing about any dealers receiving demo models. She also agreed with me that a $50K markup was ridiculous, BUT said that the dealers have the final say in what they want to charge for a vehicle. She said that I can change dealers, but it may push my delivery time frame back.
Does anyone know of any dealers in Massachusetts that will honor MSRP? I'm looking to change dealers ASAP.
New Member here, but I have followed this forum for a while. Summer Delivery. Verified my ED1 last Wednesday (3/16) but hadn't received any confirmation from my dealer. So I called them today to see what was going on. They told me that "they were only receiving one ED1, and it was going to be a demo model" and " when they did decide to sell it, they would be marking it up $50K."
I promptly called the concierge, (she was very nice) and they knew nothing about any dealers receiving demo models. She also agreed with me that a $50K markup was ridiculous, BUT said that the dealers have the final say in what they want to charge for a vehicle. She said that I can change dealers, but it may push my delivery time frame back.
Does anyone know of any dealers in Massachusetts that will honor MSRP? I'm looking to change dealers ASAP.
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^ well that isn't very ethical, looks like delaers are doing whatever they want.
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Haha! GM has their critics, this writer however should work on grammar, and spelling, and not make so many contradicting points to draw conclusions from, then you get to the misleading information contained in that article. Its LYRIQ... Not Lyric...From a used car dealer to a mutli million dollar franchise holder some of the largest dealerships in my state. I believe what he says of course I do realize he is a car dealer and wants what sells and can sell. He can not get a hold of EVs right including hybrids but I do believe what he says and he lives it everyday. Also Forbes just had this article come out kind of giving credibility to what he was saying.
Why GM Will Drive Its EV Business Into A Wall
Let’s be perfectly clear. Despite countless press releases and bravado, General Motors is not really in the electric vehicle business. At this stage, the Detroit, Mich.-based company is more focused on giving the impression it is an EV market leader.
of course you are all free to believe what you want.
The worst case of misleading information in the article is that Tesla is more vertically integrated, which is just false on Hardware. Tesla has not sold a single EV EVER that has Tesla manufactured battery cells in it, and has struggled mightily getting their new 4680 battery cell manufacturing up to any volume. Tesla buys cells from Panasonic, LG Chem, CATL, and Samsung SDI, so by my math Tesla has more suppliers to contend with. Tesla has missed their targets on 4680, FSD, Roadster 2020, Semi, Cybertruck, Berlin factory opening, Texas factory opening, 35K car, etc etc etc... So while Tesla has had some wild successes, its also had more major misses.
Now this writer makes a point that GM is too slow rolling out their EV's and only sold 26 in Q4, interestingly he only mentions GMs USA sales of EV's but on his Tesla comparison he uses global sales. Then he mentions the Bolt recall as the reason for GM's slow sales which we know LG Chem has taken financial responsibility for the Bolt recall, Ya, LG chem that is also a supplier to VW, JLR, Hyundai, Ford, and Tesla. IIHS reports that Tesla has had far more non crash related battery fires than the Bolt, and even more on a units built comparison, Model X and Model S lead their segments in the latest non crash related fires compiled in 2018, and that is compared to all vehicles in their class ICE or EV.
Now, was GM's production targets hogwash? Well, when we go back to GM's announcements they delivered Hummer on time, and Lyriq is 9 months ahead of original schedule which was initially "Late 2022". GM meanwhile is just coming out of the gate with Ultium, and the battery cell factory to make the batteries that GM scheduled initially to open in "Late 2022", is nearing completion now. GM workers from Lordstown are in LG's plant in Michigan training (try to book a hotel around LG's plant in Holland, MI, they are all full of GM's Lordstown Launch crews undergoing training).
Lets take a look at GM's initial announcements on Ultium and how they have tracked... From 2019....
GM, LG Chem announce joint Lordstown battery plant for new electric cars, pickups
General Motors and LG Chem partner to build huge electric vehicle battery plant near Lordstown, Ohio.
It looks to me that GM is tracking right with or ahead of what they said initially, and you cannot point to a single guidance, they gave and then missed... Not 1... Even with the Bolt recall, which was a devastating setback, GM still soldiered through and launched the next vehicles on time. What did Tesl do for Model S and X fire customers? Tried to get them to sign NDA's... Ya... Nearly every major insurance company has pending litigation with Tesla currently due to spontaneous fires and suspension failures, including this, which I saw the video of the accident before it was removed from twitter, its frightening...
The Detroit News
www.detroitnews.com
/cloudfront-us-east-2.images.arcpublishing.com/reuters/YJBAOI5TYFMHBC7UCFPPCQ244Y.jpg)
Tesla sued over alleged suspension failure in fatal Florida crash
Tesla Inc has been sued over an alleged suspension failure in a crash that killed the driver and a passenger in Florida last year and sparked a federal probe.
www.reuters.com
You could put ANY manufacturer's name in place of GM in that article. They are all just now introducing what they will offer in the next few years, and they will be slow to roll out because planning and production take time. Ford or Tesla havent produced one electric truck yet, even in the blue states as you say. I'm sure your used car friend will see some used ones sometime down the line, but where is he thinking he is going to get one when there isnt a huge selection of new ones out there yet? Maybe your multi million dollar franchise holder will see them when they are actually released. He must not be a Ford dealer because Mach E's can be found with a quick search. GM so far has actually stuck to their timelines for the most part while Tesla has not, and Ford Lightning orders were already pushed back. I'm not a GM fanboy either, nor an EV fan, just a Hummer fan, so I'm not here to just defend GM, I'm just making sure that anyone who may be researching Hummer EVs and other EV's they can look on here and see that GM so far seems to actually be on track with production timelines and production continues to increase. If there are any delays in production timelines its is not going to be years like the Cybertruck has experienced. Ford, GM, Dodge, etc will just be rolling out their trucks in the next couple of years as planned, so far no one has really over-promised other than Tesla.From a used car dealer to a mutli million dollar franchise holder some of the largest dealerships in my state. I believe what he says of course I do realize he is a car dealer and wants what sells and can sell. He can not get a hold of EVs right including hybrids but I do believe what he says and he lives it everyday. Also Forbes just had this article come out kind of giving credibility to what he was saying.
Why GM Will Drive Its EV Business Into A Wall
Let’s be perfectly clear. Despite countless press releases and bravado, General Motors is not really in the electric vehicle business. At this stage, the Detroit, Mich.-based company is more focused on giving the impression it is an EV market leader.
of course you are all free to believe what you want.
The dealer didn't give you a single thing when you went to verify your order? No printout of the options list, no signed form confirming the order...nothing?? There is a lot that sounds odd about that process.
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@Tom E-Tron, I have no doubt about what you speak but Jon Markman I am sure could care less what you or I think. I agree GM has excellent potential with their Ultium platform and this is why I put a deposit down. The best battery tech is coming from BYD right now. It will be interesting to see if GM can deliver on what they promise. Right out of the gates they are NOT getting it done.
He started out as a used car dealer and now has 5 full line dealerships from Ford, Jeep, Dodge/ Chrysler, and Toyota. Plus a GMC Chevrolet dealership in Florida. Also the Ford inventory you are seeing especially for anything specialty is already pre ordered or sold. I spoke to the dealership that took my order and they found it in the system. He said they have 50 people order presold Hummers and haven't seen one. I am keeping my order in but doubt I will never see till maybe next year probably towards the end of the year.
He started out as a used car dealer and now has 5 full line dealerships from Ford, Jeep, Dodge/ Chrysler, and Toyota. Plus a GMC Chevrolet dealership in Florida. Also the Ford inventory you are seeing especially for anything specialty is already pre ordered or sold. I spoke to the dealership that took my order and they found it in the system. He said they have 50 people order presold Hummers and haven't seen one. I am keeping my order in but doubt I will never see till maybe next year probably towards the end of the year.
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Perhaps reading comprehension is not your thing any more then the writer of that Forbes article which is nothing more than a hit piece. Show me a single Official Gm announcement on EV's or Ultium where they missed their guidance? Hummer is being produced and shipped to customers as we speak, albeit slower then you thinthk they should. But what did GM announce? When did GM promise a schedule and miss it? All Gm said on Hummer is that initial availability would be fall 2021, and they sold one in the fall 2021 meeting that guidance. Media has asked over and over how many and when, to which GM did not give additional color... I guess this way GM is not like Elon Musk who said Tesla would build 10K Model 3 a week by the end of 2018? Here is the tweet from 2017...
After which Tesla let loose that the first 6 months of Model 3 production yielded only a little over 1000 units. GM is careful with their statements on production, they don't make no win statements only to miss...
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LOL, I read his credentials and would take his advice over @Tom E-Tron whomever that maybe on the Hummer EV forum who more than likely is one of the many flooding GMCs order banks in order to skip a quick flip and score a few measly 10s of thousands if not 100 thousand dollars on a EV Hummer.
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Same guy wrote this? Ford has Zero ground up EV's, Zero Battery tech, not a single yard of dirt moved on any battery infrastructure... Come on man... Ford is way behind, and their stock has been crushed since this was written...
Why Ford Could Be The Next Tesla
Every major automobile company in the world is scrambling to electrify their fleet, even Ferrari and Ford. Here is who will win.
www.forbes.com
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