462 messages,
Last post on Dec 10, 2007 at 2:52 PM
You are in the
Smart Shopper Forum.
What is this discussion about?
Car Buying
#458 of 462 Re: Holdback [oldfarmer50]
by volvomax
Dec 10, 2007 (9:37 am)
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)
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)
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)
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)
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.