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Thursday, February 7, 2008

Nissan to prevent price gouging on GTR

Nissan North America said on Wednesday that the 480-horsepower Nissan GT-R is now available for pre-ordering at 691 of approximately 1,400 of its dealerships in the U.S. At the same time, the automaker told Inside Line it has put a formal program in place to help prevent price gouging on the supercar, which starts at $69,850 for the base model.

"We are taking steps to let the dealers know that marking up the car is not a good thing," said Nissan North America Spokesman Darryll Harrison. "We're trying to take steps to curb excessive markups."

Harrison said the automaker is requiring dealership management staff, such as the dealer principal, to conduct all GT-R transactions. "We're not saying salespeople are bad, but management is closer to the day-to-day operations of the dealership, and they don't work on commission," Harrison noted.

Dealers will also be required to file all GT-R paperwork, such as factory orders for the GT-R, through Nissan North America's regional sales offices, which will oversee the sales prices of the car and provide "counsel" in case of price gouging. It is unusual for dealers to have to turn over orders to regional offices for oversight.

The 691 Nissan dealers who won GT-R certification are "many of our urban dealers in larger markets," said Harrison. A complete list is available at nissanusa.com. To become certified, the dealers had to have a master technician on staff who is trained in the "ins and outs of the GT-R," said Harrison. The certified dealers also had to invest in an upgrade of their facility, down to such details as providing larger lifts to accommodate the low and wide body of the GT-R.

Nissan also formally detailed pricing on the GT-R — except for the destination charge, which has not yet been set. The base GT-R is priced at $69,850; the GT-R Premium starts at $71,900. An iPod converter adds $360 to the bottom line, while carpeted GT-R floor mats add $280. "Super Silver," a special exterior paint, costs an additional $3,000. A cold-weather package is a no-cost option and bundles either all-season or snow tires made specifically for the GT-R, as well as different fluids that allow the car to operate in optimum fashion in colder climates.

Harrison said that customers should expect the pre-order process to require a down payment. But the automaker is not allowed to set that amount for the dealers. Harrison said bloggers have been e-mailing him, suggesting that pre-orders may require deposits as low as $500 or $1,000. The Web site Exhaustnote.com warns of additional charges of $25,000-$60,000 over sticker for the GT-R in the U.S. Harrison would not provide advice to consumers on how much of a down payment is reasonable.

Harrison says the company expects a U.S. sales volume for the GT-R of 2,500 units in the first full year, followed by sales of about 1,500 a year afterwards. He emphasized that the 2,500 was a sales number, not a production number. "The 2,500 number is not a production cutoff," Harrison said. "We haven't determined whether or not we'll do that [cut off sales at a certain point]."

Customer deliveries of the GT-R are set to kick off in June.

What this means to you: Undoubtedly you'll pay over sticker price for the GT-R — but how much is the key question. — Anita Lienert, Correspondent

1 comments:

Tony B6732 July 12, 2008 at 10:05 AM  

July 10 2008

So much disinformation on this car launch.

I have talked to dealers. They say all US allotment sold.

Internet - old posts - say 70%.

Who knows?

US Nissan dealers are not controlled by Nissan Corp -they are franchisees.

Price gouging is rampant on this car. Dealers demand $20,000 - $30,000 deposits just to get on a list.

Some dealers are selling 'first come first server' - others are using the more profitable tactic of holding open bid wars amongst their customers - highest bid gets a car.

Other US dealers - primarily West Coast ones - are calling other US dealers hunting for more inventory, and offering $25,000 over sticker to get more cars.

One dealer manager told me a Silver Special GT-R will be bid out at $250,000+.

I can't believe the Japanese execs could not price a car - if it's a $100,000+ then price it so. Why did they leave so much money on the table?

What do you think these US dealers will charge on GT-R service calls, to recoup the $20,000 of costs to get 'certified'?

The hype will settle in 12-24 months, and GT-R's will be on eBay for sticker.

Mercedes only makes 1,500 AMG CLS's a year world-wide - and one can find those. And that car has impressive stats - - -