How do used cars traders make profits?

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Answers:

How can I safely sublease my 2006 Toyota Camry to a private party?

Two main ways:
They buy cars at auction and high milage cars that were trade ins to dealers at trade in pricing because the dealer doesnt want them on its lot. This is the buy low sell high part.
Secondly, most sell cars to people with lower incomes and bad credit, so they have abusive downpayments and loan fees, quite frequently the downpayment alone at a "buy here pay here" lot is what they have invested in the car, all the extra money they rip you for is just extra money, if you don't pay they repo the car and sell it again, netting another downpayment for what the car is probably worth.

Hi. This is my first yard sale. How much should I sell my items for?

they buy cheep and sell high

Is GM going bankrupt within the next 5 years?

They pay you almost nothing for your car and then sell it for high profit, or they sell cars with a huge interest rate.

I do a Motor paper route every night for 4 hours. I start & stop over 500 times a day. I need a tough car!?


A friend of mine sold a good Tempo and was given 600 dollars and the car was for sale some minutes later for 2000.

How much is a caddilac catara brand new?

They buy cars at auction and sale them at book value.They also make a huge profit from trade in vehicals.For example You trade in your old car and they say you are getting 2.000 for it.In all honesty you are only getting 200.00.The way the paperwork is drawn up is what gets you
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