MArkups and MArket adjustments

Discussion in 'Off-Topic Chat' started by Alp Soandso, Sep 13, 2022.

  1. Alp Soandso

    Alp Soandso

    Sep 13, 2022
    Likes Received:
    Good day!
    First off, I am a hopeful ioniq 5 owner.
    I put a deposit on an ultimate at a dealer in British Columbia, Canada and have been told it will be at least a year and a half before they process my order.
    I have a $500 deposit paid but I am only on a wait list for ordering the car.

    Now, my question.... I have been hearing things from other car dealerships and on the internet about dealers asking for a market adjustment often WELL above and over the MSRP of the vehicle. Now that getting a car requires waiting in line for months, dealers feel that charging hundreds or even thousands of dollars over MSRP is perfectly fine.

    I am wondering... how many of you new ioniq 5 owners had to pay such a markup, and was your car ordered?
    Will I be faced with such a markup once it is time to finalize (or start?) my order???

    Is this this practice the same in the U.S. as in Canada?

    Thanks for feedback!

    Alp Soandso, Sep 13, 2022
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