So instead of easily comparing prices online, now you have to call dealers individually and ask them to compute the out the door price? Which they already know and could post online themselves?
This is exactly the kind of problem regulations are meant to solve. Preventing false advertising and bringing information to all market participants make the market more efficient.
They'll have to know your address in order to accurately tell you the OTD price. Are you willing to give that information to every dealer you're querying about price?
There are also choices you can make during the registration process that will change the costs a bit. Quoting a fixed price for that would require yet more small print disclosing that certain choices were made.
I just don't see how it works out. Registration costs money. Not just when you buy the car, but over and over and over throughout the time you own it. You should know this as a driver. Further, the registration cost does not vary by dealer, so you don't need to know it in order to negotiate the best price.
Such regulations are pro-market, too (not pro-business, in the sense of being something business owners will be thrilled about—confusing the two is a common error). Increasing price transparency is supposed to be a way to improve market efficiency.
triceratops|1 year ago
This is exactly the kind of problem regulations are meant to solve. Preventing false advertising and bringing information to all market participants make the market more efficient.
rootusrootus|1 year ago
There are also choices you can make during the registration process that will change the costs a bit. Quoting a fixed price for that would require yet more small print disclosing that certain choices were made.
I just don't see how it works out. Registration costs money. Not just when you buy the car, but over and over and over throughout the time you own it. You should know this as a driver. Further, the registration cost does not vary by dealer, so you don't need to know it in order to negotiate the best price.
vundercind|1 year ago