What does LAM Dealer Contribution mean?????

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ke4yyd
Posts: 43
Joined: Mon Jun 26, 2006 11:55 am

What does LAM Dealer Contribution mean?????

Post by ke4yyd »

And also LAM Group contribution. This was on the dealer invoice printout.
BlueCrush
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Location: Twin Cities, MN

Re: What does LAM Dealer Contribution mean????? (ke4yyd)

Post by BlueCrush »

Welcome to GenVibe!According to Google: Check out http://www.CarBuyingTips.com and read the seven chapters on how to buy a new car. According to Chapter 3 the LAM is mostly likely "Local Area Marketing."
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tnpartsguy
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Post by tnpartsguy »

Thats exactly it....it's a so-called voluntary thing, but most dealers who aren't in the LAM don't get extra product, or choice product.
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jake75
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Re: (tnpartsguy)

Post by jake75 »

I never understood that it was "voluntary". Seems to me that if it was voluntary and participation was required to get allocation of "choice " product there would be antitrust concerns. In any event, it appears that virtually 100% of dealers are in the LAM programs and it is a real charge that they pay to the Manufacturer so it is past of the invoice plus" pricing. Perhaps 10 years ago Toyota got sued (class action) becasue they were refunding LAM charges that went unspent. The suit claimed that this made the advertising of "invoice plus $xxx" somehow misleading because the LAM fee(s) on the invoice were more than the actual LAM fees.
2009 Vibe 1.8L Carbon Gray AT Power Pkg 1/12/092003 Vibe 1.8L Neptune AT Mono Power Pkg 1/27/03 [sold 2/2/09]2007 T&C SWB 7/31/07 "Broke people stay broke by living like they're rich. Rich people stay rich by living like they're broke."
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