Quote:
Originally Posted by Backfire
Just passing along what I heard first hand from sales at Toyota. His exact words were “highly illegal”. Like I said, I don’t know of any legislation which backs this, and I’m not arguing with your statements or reasoning. However, I would guess that Toyota Canada has told dealerships (which I think they can do in Canada) not to mark up prices. Toyota probably doesn’t want to look bad by scalping the market. This is just a guess.
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Quote:
Originally Posted by Backfire
I will point out that your statement/link to legislation is wrong though. OMVIC enforces legislation, they don’t have anything else to do with it. The MVDA is what you’re looking for.
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Toyota telling them they can’t mark up is not the same as legislation.
Not very likely they can tell them that anyway. The manufacturers have less control on the dealers that people think.
Market adjusted prices are not new or surprising no matter how much people may hate them. Nobody complains when there is a surplus and prices get slashed.
Yes the MDVA sets legislation but the OMVIC is specific to Ontario and enforces the law here. If there was such a law it would be included in the OMVIC.
The government placing maximum charges on what business prices is a slippery slope that they just don’t do much. Yet!
What the dealer may haven been talking about was sticker price not MSRP. Not that salesmen are often reliable on such subjects anyway.
Contrary to what they said there is not one single little shred of evidence that car dealers in Ontario can not charge w hat ever they want as long as they advertise and post the same price.
When the S in MSRP becomes a R (required) then there will be all sorts of noise about it.
This whole “that is the required maximum price” ledge down has been around forever yet not one person repeating it has ever provided any proof beyond “somebody said”.