How do used cars traders make money?

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Which is better Saturn nissan Honda Chrysler Pontiac or chevrolet?

Hi,

Is there a site i can go on to find cars for sale by personal owners in my area?

like every other type of selling business they make money by buying at a low price and selling on at a higher price.

I just bought a 2003 Buick Lesabre, wanting to trade it in to get a brand new one? Would I be able to?

They also make money on other ways...by getting commission from insurance companies for 'selling' you a policy when you buy a car. In addition they can, and do, make money by promoting 'service guarantees' i.e. You buy a car, they offer a guarantee which you pay for. Sometimes this is an 'in-house' guarantee which will mean that if you have any problems they will fix them for you in their service department.

Want to sell an '01 Mercedes C320?

Sometimes the guarantee is a third party arrangement (basically another type of imsurance policy) and the insurance company will 'fix' your car, should it be necessary.

Which is better mercedec clk240 2001 ,230 or jaguar xk8 2000 and low running cost?

Servicing is another way of generating extra income from their customers and most good sellers will have their own service department so they can prepare vehicles before sales and repair them afterwards.

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Yet another way for them to make money is to sell 'extras' (wheel trims/ radios/ CD players/ seat covers/ resprays and so on...)

I have 5 months untill my car lease ends, can i trade it in for a new car now?

So...you takes your choice as to how they make most money. In the UK the 'average' mark-up on a used car is around £1000. Of course this goes down as the age of the car increases and the quality of the used car market dips.

When car ads say the car is a V-4,etc, are they talking about the # of valves or cylinder placement shape?

Hope that helps.

I have a 1967 Dodge Polara and a 1971 Pontiac Firebird, where can I find potential buyers?

BobSpain

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What is the best month and date to buy a new car ( Toyota)?

They buy cheap and sell expensive. You only have to check a used car valuation site to see the typical margin.
Here's a link from Australia, which will illustrate this.

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