Originally posted by Fran Carango:
It is standard practice to have a mark up of 20 points....There is a cost of doing business that needs to be considered...It is hardly a "rip off" to make a profit above the cost of operating a business...Just be concerned that the price is competitive..
Fran, you are certianly correct! No one is in business to give away inventory at cost. But...20% over cost on the CVP-509 comes to $6,000 and change, not $9,000(!) which is over 75% over cost. In my lexicon that's a rip-off of unsuspecting consumers. Much like how car dealers take advantage of uneducated buyers (young and old) and rip rip rip...
Also notice how CoasterTim says his dealer has it "on sale" for "only" $9,000 dollars. On Sale? At a 75% markup? What does he NORMALLY sell it for? ;-) OMG!
[This message has been edited by zalmang (edited 06-29-2010).]