Question:
What %s? Looking at Porsches now.
Answers:
How much should my initial offer be for this vehicle?
i dont know what percentages would be, but there is much more profit on high end cars than there is on an entry level vehicle.What Are Smart Ways To Buy A Used Car?
quality over quantity...Toyotas and Hondas sell very well and as a result, the profit margin is lower than say a Lexus or Porsche.
I'm buying my first car, second hand, should I get the vehicle inspected?
I have worked at Toyota, Lexus, Jaguar, Mazda, Volvo, Isuzu, Audi, Volkswagen and Ford dealerships. the Toyota guys complained that if they didnt get enough units out, they didnt make any money. the Lexus guys would sit around waiting for people to walk through the door and still pull in a six figure income.
Can I Exchange Something In My New Car?
of course not all profits come from the sale of the vehicle, there is also lots of money to be made on the back end (financing, extended warranty, lo jack, pre paid maint. etc etc)
there is more money to be made on used cars, but it's all a case by case basis: if a used car comes in and is something that might be in high demand (a Lexus RX330 maybe) and needs some repair or paintwork before the sale, then obviously it is going to make the bottom line a little thinner. all dealerships will try and buy the used car for as little as possible and sell it for as much as they can get away with.
Where can I get the best used AWD car for under $10,000?
if you do your research and let whoever you are dealing with know that you know your stuff, then you shouldnt have a problem. make sure you are hip on the current values of whatever vehicle you are interested in at www.kbb.com (it's what most dealerships use).
How much money does a car go for at a police auction?
good luck!
If the bank reposseses my car can I get it back,how?
All dealerships have better margins on the used cars!Dealers do not make that much on new cars. They make most of their money on service and used cars.
When collecting a brand new car is it standered for a it to come with full tank of fuel?
Typically there's more money to be made on a used car because there's no set invoice that they have to buy it for as they do with new cars. They could pay $1000 for a used car then resell for $5000 for a 400% profit margin. They can't do that with new cars.Is it cheaper to buy a used car (minivan) in CT or NY?
There is always a bigger margin on used vehicles.What do you think about the Korean motor vehiles?
It's easy to see the overall picture with new cars because there it's possible to see the MSRP, etc.. on any website or source of information.
Where can i get a template for eBay?
With USED cars, you never know what they gave the person who traded it in. There's a lot of uneducated consumers out there who settle for a low-ball figure given by experienced sales people who will sell you a bag of dirt. The SAME sales people who sell these cars are trained to maximize the sale-amount.
This is why it's important to do the research prior to going to a dealership to learn what you SHOULD get for your used vehicle at the time of trade-in.
Whats a good car I can get insured on at 18 years old?
Overall, if you do your homework you're not going to get raped.
Debating on a Trade for my '90 300zx TwinTurbo for a 1997 Toyota Celica with a Curren front Clip?
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