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Car makers like Jaguar Land Rover and Peugeot have been accused of using special software to raise spare parts prices.
Source: https://www.engadget.com/2018/06/04/car-makers-used-software-to-raise-spare-parts-prices/
Ever had the nagging suspicion that your car's manufacturer was charging outrageous prices for parts simply because it could? Software might be to blame. Reuters has obtained documents from a lawsuit indicating that Jaguar Land Rover, Peugeot, Renault and other automakers have been using Accenture software (Partneo) that recommended price increases for spare parts based on "perceived value." If a brand badge or other component looked expensive, Partneo would suggest raising the price up to a level that drivers would still be willing to pay. It would even distinguish parts based on whether or not there was "pricing supervision" over certain parts (say, from insurance companies or focused publications) to avoid sparking an outcry.
(Score: 1, Interesting) by Anonymous Coward on Tuesday June 05 2018, @06:12PM (7 children)
Yes, exactly that.
Genuine price: cost of materials, labor, and overhead
Artificial price: whatever the fuckers can get away with, the result of collusion and/or monopoly positioning.
Blind faith in a system means blind faith in the components. Be blind if you'd like, but at least you've had one person point it out to you.
(Score: 0) by Anonymous Coward on Tuesday June 05 2018, @06:19PM
You forgot opportunity cost as part of the genuine price.
(Score: 0) by Anonymous Coward on Tuesday June 05 2018, @06:28PM (2 children)
There are 3rd party parts producers. You wanna decide the price, you produce your shit and decide whatever pricing scheme you want. The world doesn't owe you shit.
(Score: 1, Insightful) by Anonymous Coward on Tuesday June 05 2018, @06:38PM (1 child)
Oh look, the anarcholibertard pokes its head up!
At no point did I say I was owed anything you illiterate jackass. Your incredibly basic description of business pricing does not match a lot of reality, I think I may have to stop posting on this site since trying to correct dumbasses is probably a massive waste of time.
(Score: 1, Insightful) by Anonymous Coward on Tuesday June 05 2018, @10:23PM
You may have to stop posting on any sites, then.
(Score: 2) by The Mighty Buzzard on Wednesday June 06 2018, @03:11AM (2 children)
Bullshit. Genuine price is whatever it makes you the most money over the product's sales lifetime to charge. Yes, you absolutely can and should charge every penny the market will let you. Right up to the point where it starts lowering overall profits. Wal-Mart understands this, which is why they sell tons of shit for cheap. It's not because they want to do a public service, it's because they think they're going to make more money doing so.
My rights don't end where your fear begins.
(Score: 0) by Anonymous Coward on Wednesday June 06 2018, @03:59PM (1 child)
Sociopaths like you are why government regulation is necessary. Thanks for fucking shit up ya douche.
(Score: 2) by The Mighty Buzzard on Thursday June 07 2018, @03:16AM
That's not sociopathy. It's lack of idiocy. What something is worth is decided by supply and demand. Saying you should get something for less than what it's worth marks you as the greedy one not the business.
My rights don't end where your fear begins.