Random Chat, Thoughts, Posts, and/or Rants Thread

[Creative_Name]

Phone conversation with a car dealer today.

Me: I don’t wanna pay over MSRP for a new car.
Dealer: what about a used 2022?
Me: I’m looking for a new car.
Dealer: Well it’s new to you.
Me: Don’t call me again.

Lmao, it’s new to you. I’d give the dealer props for that one and block his number right after for having the gall to try that.

On a more serious note, how would you get less than MSRP for a new car?

 

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[Antifragile]

Phone conversation with a car dealer today.

Me: I don’t wanna pay over MSRP for a new car.
Dealer: what about a used 2022?
Me: I’m looking for a new car.
Dealer: Well it’s new to you.
Me: Don’t call me again.

In Canada, it is not possible for a dealer to charge more than MSRP for a brand new car. To bypass this, the car must be driven at least 2,500km and then can be re-purchased by the dealer and sold for whatever price, as "used" but close to "new" or "demo".

I have an order for the new Range Rover, turns out I am at least a year away from having my turn to order one. In the meantime, they have a few "used" with a big price premium in the showroom.

Something tells me this temporary price imbalance will self-correct next year.

 

[MitchC]

In Canada, it is not possible for a dealer to charge more than MSRP for a brand new car. To bypass this, the car must be driven at least 2,500km and then can be re-purchased by the dealer and sold for whatever price, as "used" but close to "new" or "demo".

I have an order for the new Range Rover, turns out I am at least a year away from having my turn to order one. In the meantime, they have a few "used" with a big price premium in the showroom.

Something tells me this temporary price imbalance will self-correct next year.

I posted a video in a thread somewhere of a guy showing 15,000 repos a month going to auction

Not sure if it was real or not

This is something so obvious but it didn’t occur to me as I’ve never had a car loan

I think it’s quite likely there’s about to be way too many 2021 and 2022 on the market

If your mortgage goes up, and your food goes up, and maybe you lose your job, the first thing to go is going to be that new car you didn’t really need

 

[S.Y.]

I’d be interested in this!

I think this is a great idea. I'm forever forgetting birthdays. No chance I'd remember anniversaries or other notable events in the lives of family and friends. Creating a calendar is a poor workaround. I'm not one of those people able to pick up a conversation by remembering and asking about how their son is doing in college, or daughter is doing after breaking her arm.

I researched the landscape a bit. @Kak I believe you have an iPhone --> Clay.earth can be interesting for you. @Andy Black , not sure if you have an iPhone, but hey... why not.

I will put together something similar for half that per month and cross platform. Damn iOS apps lol

You could use this open source tech and market it to people. It's been around for a few years.

GitHub - monicahq/monica: Personal CRM. Remember everything about your friends, family and business relationships.

Personal CRM. Remember everything about your friends, family and business relationships. - monicahq/monica

github.com

Edit: if you have an idea for software, search around on GitHub and see if people have already done part of the work for you. There's no reason to recreate everything from scratch. Just piece their work together into your new product.

That is pretty much the approach I have in mind. That or offer to buy an existing app as a foundation to get something with some traction already.

 

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[WillHurtDontCare]

"Democracy basically means government by the people, of the people, for the people; but the people are retarded."

 

[MJ DeMarco]

@MTF - you still doing Discomfort Club?

Some incredible discomfort here...

12 Remarkable Survival Stories, and What We Should Learn From Them

Some of the greatest survival books you’ll ever read.

getpocket.com

 

[mikecarlooch]

This might help. Not quite the same, but you might get some tips/ideas.

• Let's Chat Sales 09 - Selling at Live Events

TL;DR: Don't go there to get leads. Go to make friends, build relationships, and create win-wins.

Thanks! Gotta remember to stick to the basics..

The Art of Gathering by Priya Parker. You could skip to the fifth chapter I think, about pre game prep or don’t start with logistics while ppl are waiting in line. The entire book is about how to awe and honor your guests. Very, VERY solid book with loads of examples and principles.

Great, thanks for recommending! looking forward to checking this out

Bring value is a good rule of thumb. If it’s a nightclub bring girls, as an example. Bring whatever these people are interested in.

Awesome analogy. I know exactly what it is

Go in with a goal to talk to certain amount of people? You don't seem like a super introverted person so this probably isn't your main obstacle.

Just remember the power of discover vs. telling.

Someone discovering you do video consulting versus Telling everyone you do video consulting will have a much larger impact.

So true..!

 

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[Kak]

I researched the landscape a bit. @Kak I believe you have an iPhone --> Clay.earth can be interesting for you. @Andy Black , not sure if you have an iPhone, but hey... why not.

I will put together something similar for half that per month and cross platform. Damn iOS apps lol



That is pretty much the approach I have in mind. That or offer to buy an existing app as a foundation to get something with some traction already.

NICE! If you make one… Get Adam Grant on board or to endorse it!

 

[MTF]

@MTF - you still doing Discomfort Club?

Some incredible discomfort here...

12 Remarkable Survival Stories, and What We Should Learn From Them

Some of the greatest survival books you’ll ever read.

getpocket.com

Yeah still writing it. Thanks for the link.

 

[Xeon]

Social credit scores lol

TikTok Secretly Scores Influencers on Cooperation, Diligence and More

A new report on internal documents reveal the Chinese-owned apps new social credit score for influencers. Content creators are ranked on their willingness to partner with companies and ability to drive sales.

gizmodo.com

 

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[MitchC]

American Contractor on Instagram: "Best gas can! “SureCan” making it easier to pour! Find it in our bio link!"

93K likes, 937 comments - americancontractorshow on November 7, 2022: "Best gas can! “SureCan” making it easier to pour! Find it in our bio link!".

www.instagram.com

 

[Xeon]

https://twitter.com/i/web/status/1590837887104618497

 

[Ing]

Hmmm... our 12 year old left some browser sessions open.

What's he up to?

View attachment 45857

View attachment 45858

Andy be careful! He will make you wet before grown up!
Maybe you are lucky and you can be his employee, when he is 18!

 

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[Ing]

Is it okay to create content for the selfish purpose of wanting to entertain someone?

Something like: I want people to enjoy this story I’m writing.

I think it’s kinda selfish because I want people to tell me that they enjoyed what I made with their words or time.

Isn’t it the same with blogs? You write blogs to people enjoy it. Like a journey blog.
And ( if you don’t monitize it) you do it for the people enjoying it and may be make a post.

 

[doster.zach]

American Contractor on Instagram: "Best gas can! “SureCan” making it easier to pour! Find it in our bio link!"

93K likes, 937 comments - americancontractorshow on November 7, 2022: "Best gas can! “SureCan” making it easier to pour! Find it in our bio link!".

www.instagram.com

I love products like this, kinda stuff I want to make.

 

[MJ DeMarco]

Phone conversation with a car dealer today.

Me: I don’t wanna pay over MSRP for a new car.
Dealer: what about a used 2022?
Me: I’m looking for a new car.
Dealer: Well it’s new to you.
Me: Don’t call me again.

I'm thinking about getting a new car, was this in Vegas or AZ? I thought the days of selling cars above MSRP were over?

 

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[Xeon]

 

[Antifragile]

 

[Itizn]

 

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[Antifragile]

Snap... Elon is on a tear at Twitter:

Elon Musk bans remote work at Twitter in first email to staff

Elon Musk says Twitter employees must be at the office for at least 40 hours a week and exceptions must be approved by him. Read more.

financialpost.com

 

[Guest-5ty5s4]

Snap... Elon is on a tear at Twitter:

Elon Musk bans remote work at Twitter in first email to staff

Elon Musk says Twitter employees must be at the office for at least 40 hours a week and exceptions must be approved by him. Read more.

financialpost.com

The turnaround is strong with this one

 

[Two Dog]

Lmao, it’s new to you. I’d give the dealer props for that one and block his number right after for having the gall to try that.

On a more serious note, how would you get less than MSRP for a new car?

Lots of ways. All of which start with understanding how the dealership makes money. There's plenty of online resources nowadays explaining how back of the house works. Mine came from ages ago when my brother was selling cars for a couple of years followed by buying a bunch of vehicles over the years. It was entertaining enough that I'd occasionally negotiate and buy cars on behalf of girlfriends, friends or their parents.

Step 1: It starts with identifying a specific make & model of vehicle that you want to purchase. That's up to you. However, changing small details can make a big difference in what you pay. Don't expect to buy the country's most popular vehicle below cost. It won't happen. Think about last year's model, inventory leftovers or the other 90% of vehicles which are perfectly fine.

Step 2: How much did the dealer pay for it. MSRP => Manufacturers Suggested Retail Price with emphasis on "Suggested". It's an almost meaningless number that the dealer doesn't pay. Aside from the actual dealer cost, you'll need to find monthly & quarterly manufacturer rebates, manufacturer givebacks and financing incentives. The actual dealer cost to acquire the vehicle (excluding lot costs, insurance, etc) used to be called "tissue price". Accepting anything below that means the dealership is legitimately losing money on the deal. They might make it up with upsells, warrantees, trade-in scams and financing BS, but tissue price is break even.

Step 3: Don't mix up trade-in with purchase. Two separate deals. Tell them you don't have a trade-in.

Step 4: Don't mix up financing with purchase. Two separate deals. Tell them you're a cash buyer whether true or not. In general, dealer financing sucks unless it's coming from the manufacturer. Find a local bank or credit union or actually pay with cash.

Step 5: Identify 7-10 area dealerships with the exact vehicle that you want. Get direct contact information for the General Manager or Sales Manager (highest person you can find) to avoid paying add'l $$$ on sales commissions.

Step 6. Negotiate. It can be 100% old-school visit in person to arm wrestle about things. I happen to enjoy busting balls with sales guys, but that's kinda rare for most people. Far easier is writing a letter saying you are interested in buying this exact vehicle (no changes allowed) for this price. Mention that you're a cash buyer. Mention that you're sending the same letter to nine other dealerships. Feel free to list them all. Tell them you will purchase the vehicle on the last day of the month from the dealership that will provide the exact model requested for the lowest cash price.

Step 7: Wait for a response. You'll hear back from up to 80%. Take the deal you like. Don't buy any upsells and walk away if even a comma on the paperwork doesn't match up with the deal you were offered in response to the letter. They want the sale far more than you need to purchase a vehicle from any particular dealership on any particular day.

Alternate Approach: Hire a flat fee buying service that does everything described above for $500 - $1,500.

 

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[biophase]

I'm thinking about getting a new car, was this in Vegas or AZ? I thought the days of selling cars above MSRP were over?

In AZ. It was for a 2023 4Runner. Prices for 4Runners seem to still be high, even in NV. Especially for an Off-road Premium or Pro.

Car prices are still fairly high, new and used. They’ve come from above MSRP down to MSRP right now.

 

[Primeperiwinkle]

Lots of ways. All of which start with understanding how the dealership makes money. There's plenty of online resources nowadays explaining how back of the house works. Mine came from ages ago when my brother was selling cars for a couple of years followed by buying a bunch of vehicles over the years. It was entertaining enough that I'd occasionally negotiate and buy cars on behalf of girlfriends, friends or their parents.

Step 1: It starts with identifying a specific make & model of vehicle that you want to purchase. That's up to you. However, changing small details can make a big difference in what you pay. Don't expect to buy the country's most popular vehicle below cost. It won't happen. Think about last year's model, inventory leftovers or the other 90% of vehicles which are perfectly fine.

Step 2: How much did the dealer pay for it. MSRP => Manufacturers Suggested Retail Price with emphasis on "Suggested". It's an almost meaningless number that the dealer doesn't pay. Aside from the actual dealer cost, you'll need to find monthly & quarterly manufacturer rebates, manufacturer givebacks and financing incentives. The actual dealer cost to acquire the vehicle (excluding lot costs, insurance, etc) used to be called "tissue price". Accepting anything below that means the dealership is legitimately losing money on the deal. They might make it up with upsells, warrantees, trade-in scams and financing BS, but tissue price is break even.

Step 3: Don't mix up trade-in with purchase. Two separate deals. Tell them you don't have a trade-in.

Step 4: Don't mix up financing with purchase. Two separate deals. Tell them you're a cash buyer whether true or not. In general, dealer financing sucks unless it's coming from the manufacturer. Find a local bank or credit union or actually pay with cash.

Step 5: Identify 7-10 area dealerships with the exact vehicle that you want. Get direct contact information for the General Manager or Sales Manager (highest person you can find) to avoid paying add'l $$$ on sales commissions.

Step 6. Negotiate. It can be 100% old-school visit in person to arm wrestle about things. I happen to enjoy busting balls with sales guys, but that's kinda rare for most people. Far easier is writing a letter saying you are interested in buying this exact vehicle (no changes allowed) for this price. Mention that you're a cash buyer. Mention that you're sending the same letter to nine other dealerships. Feel free to list them all. Tell them you will purchase the vehicle on the last day of the month from the dealership that will provide the exact model requested for the lowest cash price.

Step 7: Wait for a response. You'll hear back from up to 80%. Take the deal you like. Don't buy any upsells and walk away if even a comma on the paperwork doesn't match up with the deal you were offered in response to the letter. They want the sale far more than you need to purchase a vehicle from any particular dealership on any particular day.

Alternate Approach: Hire a flat fee buying service that does everything described above for $500 - $1,500.

If I was single I’d comment on how sexy this list is. Js.

Don’t be showing just anybody this list. You make them wait for it! Don’t just give away the goodies! You deserve commitment!

 

[Matt Sun]

 

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[Guest-5ty5s4]

View attachment 45886

finally time to buy more inventory! Lmao

 

[biophase]

Stuff only entrepreneurs would notice.

I’m at the airport in Minneapolis and go to the bathroom and noticed they have this nice soft toilet paper versus that thin rough paper that all others have. Then I notice that it’s branded too.

Does the airport pay more for this toilet paper?

Or does Scott give it to them for marketing?

This would be an interesting way for a new brand to try to gain traction and market share. Make an awesome toilet paper and then get thousands of people to try it out for free.

 

[WillHurtDontCare]

big-brother software

Why Retention

retention.com

 

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[Ing]

A friend buys a Volkswagen car every year. He buys the cheapest model with the least equipment possible.
He s been a car industry professional and as he buys the cheapest car, they think he s dumb, and try to scam him in any way. A bad battery or scratches or so. But he allways makes trouble until he gets a perfect car.

He wanted an e car now and first didn’t find any for the msrp or Close to. In the end he found a dealer, which brought him to an old gravel mine, which was full of hundreds of e cars. That dealer said, he bought a big lot quite cheap and now waits, until prices go up.

 

[Xeon]

WTF!!!! Lol

https://www.reddit.com/r/CryptoCurrency/comments/yswh2z View: https://www.reddit.com/r/CryptoCurrency/comments/yswh2z/the_unfolding_of_sbfs_empire_a_rudderless_ship/