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Found 4 results

  1. It is a story we have all heard time and time again. A limited-run model is announced by an automaker and certain dealerships take advantage of this by marking up the price. Dodge had come up with a clever solution to prevent dealers from doing this with the upcoming Challenger SRT Demon by pushing their orders to the back of the line if they decide to mark up the price. But never underestimate dealers to find a way around this. Automotive News reports that various dealers are using intermediaries on eBay to auction off the right to purchase one of their allocated Demons. Last week, eBay had auctions by intermediaries that represent dealers in Louisana, South Carolina, and Tennessee. The minimum bid to have the privilege of later paying sticker ranged $10,000 to $22,500. Completed auctions showed buyers were willing to pay $20,000 to $75,000 over sticker price. It should be noted that eBay doesn't indicate whether or not the transactions were carried out or not. An intermediate that was contacted by Automotive News said that he had an outside relationship with the dealer and that "there will be somebody directly from the dealership contacting the winning bidder prior to any money being exchanged so that the deal is understood from both sides." A source at FCA tells the publication the company is "monitoring" dealer actions, but there is little they can do about this. Some dealers it should be noted are trying to reach a moral comprise of sorts. Bill Marsh Chrysler in Traverse City is auctioning off the right to buy their Demon to existing customers. The amount will be donated to four local charities. The Demon itself will be sold for $1 under the sticker price. Source: Automotive News (Subscription Required)
  2. The Dodge Challenger SRT Demon is one of the wildest vehicles ever to go on sale. Because of this, Dodge is having all of the buyers sign an acknowledgment form to know what they are getting themselves into. Allpar obtained a copy of the form which requires a buyer to initial 15 lines and provide a signature. A dealership employee must witness the signing and provide their own signature. The form then has to be notarized before being sent off to FCA. The document has some items that are straightforward such as the buyer assuming all risks in driving a drag vehicle, not letting passengers ride in the vehicle without having the seats installed, and reading the owners manual. There are some other parts of the document that gives some idea of the restrictions being put on by Dodge. Lines 6 through 8 deal with the Demon's tires - a set of Nitto NT05R drag radials. You are asked to avoid driving on the highway as the tires will wear quickly. You are also asked to not drive it in the rain due to hydroplaning. Line 8 is the most explicit, saying you should not move the Demon in temperatures below 15 degrees Fahrenheit, as the tires may crack from lack of flexibility. Line 5 asks the customer to promise not to use any track-specific features, like launch control, on public roads. Line 15 has the customer acknowledge that they either paid MSRP or higher. As we reported this week, dealers that price the Demon above MSRP will see their orders pushed to the back. You can out the full document on Allpar. Source: Allpar
  3. The Dodge Challenger SRT Demon is one of the wildest vehicles ever to go on sale. Because of this, Dodge is having all of the buyers sign an acknowledgment form to know what they are getting themselves into. Allpar obtained a copy of the form which requires a buyer to initial 15 lines and provide a signature. A dealership employee must witness the signing and provide their own signature. The form then has to be notarized before being sent off to FCA. The document has some items that are straightforward such as the buyer assuming all risks in driving a drag vehicle, not letting passengers ride in the vehicle without having the seats installed, and reading the owners manual. There are some other parts of the document that gives some idea of the restrictions being put on by Dodge. Lines 6 through 8 deal with the Demon's tires - a set of Nitto NT05R drag radials. You are asked to avoid driving on the highway as the tires will wear quickly. You are also asked to not drive it in the rain due to hydroplaning. Line 8 is the most explicit, saying you should not move the Demon in temperatures below 15 degrees Fahrenheit, as the tires may crack from lack of flexibility. Line 5 asks the customer to promise not to use any track-specific features, like launch control, on public roads. Line 15 has the customer acknowledge that they either paid MSRP or higher. As we reported this week, dealers that price the Demon above MSRP will see their orders pushed to the back. You can out the full document on Allpar. Source: Allpar View full article
  4. It is a story we have all heard time and time again. A limited-run model is announced by an automaker and certain dealerships take advantage of this by marking up the price. Dodge had come up with a clever solution to prevent dealers from doing this with the upcoming Challenger SRT Demon by pushing their orders to the back of the line if they decide to mark up the price. But never underestimate dealers to find a way around this. Automotive News reports that various dealers are using intermediaries on eBay to auction off the right to purchase one of their allocated Demons. Last week, eBay had auctions by intermediaries that represent dealers in Louisana, South Carolina, and Tennessee. The minimum bid to have the privilege of later paying sticker ranged $10,000 to $22,500. Completed auctions showed buyers were willing to pay $20,000 to $75,000 over sticker price. It should be noted that eBay doesn't indicate whether or not the transactions were carried out or not. An intermediate that was contacted by Automotive News said that he had an outside relationship with the dealer and that "there will be somebody directly from the dealership contacting the winning bidder prior to any money being exchanged so that the deal is understood from both sides." A source at FCA tells the publication the company is "monitoring" dealer actions, but there is little they can do about this. Some dealers it should be noted are trying to reach a moral comprise of sorts. Bill Marsh Chrysler in Traverse City is auctioning off the right to buy their Demon to existing customers. The amount will be donated to four local charities. The Demon itself will be sold for $1 under the sticker price. Source: Automotive News (Subscription Required) View full article

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