If you never pay much attention to the fundamental theories of economics, you may not … See more

For our purposes here, we define dealer markup as profit and a selling price the dealership assigns above and beyond the carmaker’s MSRP. A dealer tacks these arbitrary a… See more

During the past two years, cars were in high demand across nearly all vehicle makes and models, and the temptation to price gouge was too great for some dealers to resist. C… See more