Dealer cost on Diamond Table? Anyone know?

[Double-Dave]

All retailers work on roughly a 50% margin. Take 50% off the retail price and you will find the dealer or store price on just about anything, cars, furniture, etc. It really is that simple.

Lol. Margings vary VASTLY per product/market.

Generally speaking you can say that the higher the price of an item is, the lower
the margin in % will be. Again, generally, the better known a certain brand is in
the market the lower the % margin will be.

Then there are certain markets that generally have higher margins, fashion for
instance usually have a higher markup. Why? Because they only sell 60% or so
at full price and the rest goes out during SALE season with 25, 30, 50% discount.

Regards, Dave

 

[Highmiles]

Because DEALERS get dealer cost and it is NONE of the consumers business....

.

I work in retail, and tell any customer that asks, what my cost and markup are. It is only an issue if you feel you have something to hide. :scratchhead::shrug:

 

[Black-Balled]

All retailers work on roughly a 50% margin. Take 50% off the retail price and you will find the dealer or store price on just about anything, cars, furniture, etc. It really is that simple.

I believe a 10$ item that is sold for 20$ is a 100% margin, smarty.

 

[HarddTimezz]

I believe a 10$ item that is sold for 20$ is a 100% margin, smarty.

I don't understand the need for you to insult me but I guess that's just the way of things. Look, you are entitled to believe whatever you want ie. ghosts, Santa Clause, Yetti etc. but your math is 100% wrong, sorry. I will leave the conversation, carry on gentlemen.

 

[trentfromtoledo]

Supply and demand. Some people are looking for a deal and are unsure when they get a different price from every "dealer" they go to. Not to mention YOU dealers are the ones always willing to beat each others prices and are the ones that are stepping on each others toes with this business. These "shady" people you speak of are a part of your dealer community which is why consumers need more information before making a $5k purchase. Seems like something YOU and your dealer community need to solve.

I sell the tables and more than follow the guidelines set by Diamond. I do not haggle between the MSRP and MINIMUM SELLING PRICE because the margins are not what most people think. I make money on every deal I commit to and trying to beat the other guys price to me is this : LOSING MONEY.

Don't leave out the fact that most people who are hunting for the absolute best price don't give a crap about guidelines or any of that sort of thing. I get calls from all kinds of people who are looking for exactly what we are talking about, they think I am going to come down to a ridiculous price just to beat the other dealers prices: NOT.

Buying a table like this is a lifetime purchase, worrying over a couple hundred bucks is worthless to me and I actually prefer not to work with/ for people are are simply cheap.

 

[trentfromtoledo]

p.s. now if I could only get my time back for all those phone calls of cheap people wasting my time would be great.

 

[Kickin' Chicken]

All retailers work on roughly a 50% margin. Take 50% off the retail price and you will find the dealer or store price on just about anything, cars, furniture, etc. It really is that simple.

I ran a number of car dealerships in my life.

The math above is way off.

EDIT: I read on and see this was addressed.

best,
brian kc

 

[Kickin' Chicken]

what is wrong with wanting to find dealer cost. this way you have a base price to judge how much you may be able to get off of the msrp.
for most things expensive, only a fool pays msrp. as there is always someone someplace that will work with you.

do you know anyone stupid enough to pay sticker price for a new car or boat.

I do. I know a couple of guys who paid well over retail on new Porsches and resold them for $100k+ profits.

This was also done when Acura NSX's came out many years ago though for much smaller profits.

But these are far and few and I do get your point. :wink:

best,
brian kc

 

[Black-Balled]

Buying a table like this is a lifetime purchase, worrying over a couple hundred bucks is worthless to me and I actually prefer not to work with/ for people are are simply cheap.

Now you are talking. YOu have to remember; to you, the purchase of a table is a small part of a larger world.

An individual couldn't give a poop about the macro environment, or at least not care enough to forego an equal product at the lesser price. that's my money, ya know?

but good grief. a table is like a piano. You aren't buying two of them in your life, unless you pick the wrong one first.

What does he expect to save off a 5k table? 500? 1k? Not worth waiting on that deal for a year, vs. having a table with full dealer support.

Pay man get table. Yesterday.

Quoting myself:
Keep waiting and looking, you might save a decent chunk and shit, somebody has to have paid the least. Course you hoping is almost definitely gonna cost a lotta time...and you might never get a table.