Ars Technica: Dealership markups are getting crazy, so this site is tracking them

Ars Technica: Dealership markups are getting crazy, so this site is tracking them. “In the US, the vast majority of car buyers are not accustomed to ordering vehicles from an OEM through a dealership, instead preferring the convenience of taking a car home ‘from the lot’ that day. But as inventory has evaporated, US dealerships have reacted by adding additional dealer markups, or ADMs, to their stock, often to the tune of many thousands of dollars. One estimate of the value of the markups came to $3.6 billion…. Now, a new site… is crowdsourcing data on ADMs around the country to better arm car buyers with the information they need to avoid being fleeced.”