Glossary / General

markup

25 Episode Mentions

Too Afraid to Ask

Markup is the extra money that a dealer adds to the price of a car. It helps them make a profit, but sometimes it can be seen as too high or unfair.

Technical Definition

Markup refers to the amount added to the cost price of a vehicle to determine its selling price. In the automotive context, it often relates to dealer pricing strategies, especially for limited or highly sought-after vehicles.

Hear It Discussed

"And I'm very curious to see what markup is, because we know that'll add probably at least 50 grand."
971: The Kingdom Of Cars, Good Cop / Bad Cop, Are VWs Fun Enough? Everyday Driver Car Debate 07:55

"...the federal government is doing markups. Everybody who complained about markups, if you're supporting this, the federal government is doing markups..."
Auto Manufacturers React to Tariffs! New Porsche 911 Prices are INSANE! Every BMW M3 Ranked. THIS CAR POD! with Doug DeMuro & Friends! 06:14

"Because every time you buy a product from a vendor, that vendor needs to make money and there's a markup on it."
CarCast+Edmunds - Testing the Chinese built Geely Galaxy M9. Plus the Volvo V60 Cross Country and more. CarCast 46:23