...... the Unions are killing this Country. YES, there was a time when the Unions were great for this Country but now, it is just greed. I say, do NOT buy a New Vehicle for six Months starting December 1, 2007 to let the UAW know that they are going too far.......... and we can also include "to make the Dealerships stop the "Additional Dealer Profit" Mark Ups". OK, I am done ranting. Sorry if this upsets anyone. David.
Your right about the unions, wrong about the dealer ADMs. The ADM is used alot to help people out of the car they are trading in. Most people owe more on their trade then what it is worth. In the case of make ups on cars like the GT500 and Shelby GTs it really is supply and demand that drives the value of the car, if people werent in such a big hurry to get the first car of its kind on their block and waited for the market to correct there wouldnt be an ADM even on GT500s. Most any savy car guy can buy an average car at less then sticker, you just have to know when and how.
The ADM (Additional Dealer Markup), also known as ADP for Additional Dealer Profit, is additional money ADDED to the price of the Car making the Car MORE expensive. Banks do not recognize ADM. If you owe more for your car then it is worth, ADM/ADP will not help you in any way. David.
