Here is the current status of the seven random VOLTS I chose off the internet that were being advertised by seven nearby SoCal dealers.
I just wanted to see how long it would take for each one to sell. My experiment began on April 23rd, and I have tracked these cars ever since.
#.............Asking.........Dealer's Name..............................Still available 08/09/11?
211501..........$44,695........Allen Gwynn Chevrolet..................STILL FOR SALE
C11162..........$44,695........Lake Chevrolet...............................STILL FOR SALE
110469..........$44,695.........Community Chevrolet..................(gone as of 5/19)
16162.............$44,805........Mountain View Chevrolet............(gone as of 7/1)
11357...........$44,839........Glendora Chevrolet........................STILL FOR SALE
78102..........$44,938........Mark Christopher Auto Center........STILL FOR SALE
C150934.......$45,288........ Sierra Chevrolet Subaru Mazda......(gone as of 7/22)
So after 3 months and 17 days:
*Three of the seven are no longer listed; I will assume those have been sold
*Four of the seven are still on dealer lots.
<<<<<Actually, yes, it is, if what is advertised is a demo. You show up, see what the product looks like, then place an order for one of your very own. It happens all the time, every day, in pretty much every category of merchandise. Are you trying to say that when you see a banana advertisement, that you go to the store demanding to purchase the actual banana in the advertisement ... and if they don't have that actual banana ready to sell to you, you throw one of your YMB-style temper tantrums?>>>>>
Unfortunately, car sales are not governed under the same rules as bananas. Though you may be very familiar with the marketing of bananas, don't assume your expertise is applicable to cars.
"Is it legal to advertise it on a website with a price, and then tell a cash buyer that he can't have it?"
Varies from state to state.
Take California for instance. The car advertised WITH A PHOTO, best be the car available for sale. You can't even use stock GM artwork. If it shows different wheels or even wheel covers than the one depicted you are in serious trouble.
That is why every car advertised in state has to show the STOCK number as well as the last 6 or 8 of the VIN number.
I think you can advertise inventory en-route, but dealer knows the approx. arrival date and VIN number long before the ca shows up.
California and Colorado are two states I am very familiar with, There may be others that are as strict or maybe more relaxed how auto ads are governed.
You not only have to have the advertised vehicle available for delivery, you have to disclose HOW MANY are available at that price.
<<Is it legal to advertise it on a website with a price, and then tell a cash buyer that he can't have it?
Actually, yes, it is, if what is advertised is a demo. You show up, see what the product looks like, then place an order for one of your very own. It happens all the time, every day, in pretty much every category of merchandise.
Are you trying to say that when you see a banana advertisement, that you go to the store demanding to purchase the actual banana in the advertisement ... and if they don't have that actual banana ready to sell to you, you throw one of your YMB-style temper tantrums?
Why am I explaining this to a guy who gets paid to troll YMB, anyway?
Toyota Promise on Feb 11 2011 coming off a bad Quarter and before March 11 2011. web -dunce bite hook line and sinker.
Toyota raised its annual net profit forecast to 490 billion yen ($6 billion) from 350 billion yen ($4.3 billion).
The new projection is more than double Toyota's annual profit the previous year.
Toyota also raised its sales revenue forecast to 19.2 trillion yen ($234 billion), up 1.3 percent from the previous year. It had earlier expected 19 trillion yen sales ($232 billion).
In outlining its latest forecasts, Toyota said an unfavorable exchange rate for the yen was expected to erase 310 billion yen ($3.8 billion) from the company's operating profit. The dollar now trades at about 82 yen, down from about 90 yen a year earlier.
But Senior Managing Director Takehiko Ijichi shrugged off the threat from a strong yen, saying that demand from emerging markets was growing into "one of the pillars supporting our earnings."
I recently moved to the Seattle area and a couple weeks ago we were driving around and stopped by a Chevy dealer. They had two in stock. They wanted 10,000 over sticker for both. I told them no thanks. I'll wait a month or so until there are more in the supply chain and I'll buy mine and save the 10K but I will be buying one.
Web, you make this too easy. I'm not sure if you are pretending to be stupid or if you are in the early stages of MAllen-like alzheimer's.
<<Your inaccurate comprehension of my statements does not make me a liar. Please find ONE instance - ever - where I claim GM would not increase production? -- Web>>
<<what else would they lie about? Earnings? PRODUCTION TARGETS? -- Web, just ten minutes later>>
Are you really THAT full of hot air?
How much are you getting paid to sit on this forum, years on end, without doing any investing (short or long) on the stock? Are you paid by the post or by the hour?