Question:
you know that sales that start at the end of the year and say "everything must go! need to get rid of it all now! etc"
what happenes to the cars that rnt able to get ride of?
Answers:
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i own a shop ans there bought out by other dealers and then sold off to rental companies ,and some are given to charity ,they do all sorts of things with them,but a lot of them are donated,even the car makers need a write off once in a while,good luck hope this helps.They sit on the lot, and the dealership has to pay tax on them. That's generally why they sell off cars at the end of the year, but some just do it to have a sale, because they don't necessarily have their tax year ending at the end of the calendar year.
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They get sold the next year. It's just a marketing thing.What should I practice for the first time driving on a parking lot?
I wondered that too. Has there every been a 5 year old or 10 year old brand new car.??Is the 3.5 tonne van coming under tachograph law?
Dealers are pretty good about how much they can order and here is what happens, starting in July and august the only cars the dealers can purchase are the 08 models. Some car manufactures are often 3 months ahead on that in production so the cars can be ready to ship out to the dealers. So by the time we are reaching the end of 07 most of the cars are already sold, leased, or traded to other dealerships. I know a lot of dealers do not even allow special orders after June and July for the newer cars unless you want the next year model. So what happens to them 9 times out of 10 by the end of the year they no longer have the 07 stock and even if they did it would be very few of the cars and they sell them at very reduced rates. That’s how my wife got her 05 Pacifica 4000 below MSRP. 20,000 dollar car for 16,000 I love buying new cars on January 4th...They sit on the lot. The dealership has to pay the manufacturer for them sitting, so when you go to buy, you can negotiatiate a good deal on them.
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I got a great deal on a '96 Oldsmobile Aurora in May '97 as the dealership was "motivated" to get it off their inventory and stop their payments to General Motors.
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The longer a car sits on the dealership's lot, the more they have to pay for it.
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