Dealer Holdback questions

462 messages,  Last post on Dec 10, 2007 at 2:52 PM

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#458 of 462 Re: Holdback [oldfarmer50] by volvomax

Dec 10, 2007 (9:37 am)

Replying to: oldfarmer50 (Dec 09, 2007 1:20 pm)
If you are "trading cars" then in essence, you are trading holdbacks.
If dealer A sells a car to dealer B, but doesn't take one of dealer B's cars in return, then dealer A keeps the holdback.
Since you have to swap cars to keep the holdback straight, thats is why it is called a deaerl trade

#459 of 462 Re: Holdback [volvomax] by greanpea68

Dec 10, 2007 (10:08 am)

Replying to: volvomax (Dec 10, 2007 9:37 am)
If dealer A sells a car to dealer B, but doesn't take one of dealer B's cars in return, then dealer A keeps the holdback
 
Here in the world of Nissan...
 
Who ever reports the car sold gets the hold back. When ever we do swaps we in clude all hold back plus any add ons... ussualy only wheel locks...
 
Did have one dealer charge us the resistall pkg. It was a sticker deal and they had the car what are you gonna do.
 
GP

#460 of 462 Re: Holdback [greanpea68] by kyfdx HOST

Dec 10, 2007 (10:11 am)

Replying to: greanpea68 (Dec 10, 2007 10:08 am)
Wow... a dealership getting stuck with the Mop-n-Glo..
 
Bad karma...

#461 of 462 Re: Holdback [greanpea68] by volvomax

Dec 10, 2007 (12:31 pm)

Replying to: greanpea68 (Dec 10, 2007 10:08 am)
With Volvo, the holdback is paid when the car is wholesaled to the dealer.
CSI money is paid or RDR's,assuming that the dealer qualifies

#462 of 462 Re: Determining holdback [isellhondas] by deskman

Dec 10, 2007 (2:52 pm)

Replying to: isellhondas (Nov 27, 2007 12:34 pm)
Collect holdback from the customer? I LIKE IT!!!!!!!!!
 
I like to pencile a non lease payment like a lease.payment plus tax always gives my closer a move if they need one.
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