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Got a Quick Question for a Car Dealer?

2394 messages,  Last post on Nov 03, 2009 at 11:03 AM

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What is this discussion about? Car Buying, Car Selling


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#602 of 2394
Re: Local dealership closing down but not pushing sales of remaining stock [fatherted] by volvomax
Jan 22, 2009 (12:05 pm)
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Replying to: fatherted (Jan 22, 2009 11:35 am)

If Ford is willing to take back the inventory, there is no need for them to lose any more money. Is there?
#603 of 2394
Re: Local dealership closing down but not pushing sales of remaining stock [volvomax] by boomchek
Jan 22, 2009 (12:27 pm)
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Replying to: volvomax (Jan 22, 2009 12:05 pm)

Otherwise if they didn't care about how much they lose on each unit, then the staff might as well buy up their own dealership's inventory for $1/each, and resell it privately.
#604 of 2394
Re: Local dealership closing down but not pushing sales of remaining stock [volvomax] by golic
Jan 22, 2009 (12:45 pm)
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Replying to: volvomax (Jan 22, 2009 12:05 pm)

Unless there is an administrative cost to send cars back, or a cost for shipping/transporting cars back to Ford. Then I would agree.
#605 of 2394
Re: Pricing for used vehicles in Canada (TMV like)? [cdn_tch] by oldfarmer50
Jan 22, 2009 (3:15 pm)
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Replying to: cdn_tch (Jan 21, 2009 8:04 pm)

"...dealers here are generally asking 50-60% over top blackbook price..."
 
I guess it's the same all over. Here, (upstate NY) they ask 2-3K over KBB retail prices. I just don't get the "home run" mentality.
 
BTW, here it's called Kelley Blue Book.
#606 of 2394
is it? by explorerx4
Jan 22, 2009 (3:48 pm)
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door #1
 
or
 
door #2
 
or
 
door #3
#607 of 2394
Re: is it? [explorerx4] by boomchek
Jan 22, 2009 (5:45 pm)
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Replying to: explorerx4 (Jan 22, 2009 3:48 pm)

Whichever the buyer wants it to be.
#608 of 2394
Re: is it? [explorerx4] by bolivar
Jan 22, 2009 (9:59 pm)
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Replying to: explorerx4 (Jan 22, 2009 3:48 pm)

It's rolling the miles up. From 153,000 to 207,000. Or maybe its just how the light hits that odometer.
#609 of 2394
Re: Pricing for used vehicles in Canada (TMV like)? [oldfarmer50] by volvomax
Jan 23, 2009 (7:26 am)
Reply

Replying to: oldfarmer50 (Jan 22, 2009 3:15 pm)

I guess it's the same all over. Here, (upstate NY) they ask 2-3K over KBB retail prices. I just don't get the "home run" mentality
 
If you don't ask, you don't get.
 
Remember, you can ask whatever you want, it's what you finally sell the car for that matters.
#610 of 2394
Re: Pricing for used vehicles in Canada (TMV like)? [volvomax] by cdn_tch
Jan 23, 2009 (7:42 am)
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Replying to: volvomax (Jan 23, 2009 7:26 am)

The thing is, here in Canada the info for the consumer is minimal, we have to buy our invoice pricing for new cars, and it is difficult to go in to negotiate on a used car if you don't have any reference point on used cars. That is why I asked my original question. I guess a rephrasing of the question would be, what could one reasonably expect off of posted pricing on a used vehicle?
#611 of 2394
Re: Pricing for used vehicles in Canada (TMV like)? [cdn_tch] by boomchek
Jan 23, 2009 (10:02 am)
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Replying to: cdn_tch (Jan 23, 2009 7:42 am)

If a car hasn't been reduced already, you can safely expect $100-$500 off. Sometimes maybe six hundred dollars will be possible too.
 
This applies to all the used cars and all dealers across the country, especially the one I work at
 
If a car has been discounted already, expect another $50 off.
 
Ok, I was just pulling your leg there. Look the discount really depends on how much the dealer is into the car for. If they paid too much for it on a trade either because it's a museum quality piece worth every penny, or because they needed to make a deal happen, there's not going to sell it at a certain price because black book says this or that.
 
The truth is every single used car is different, and prices paid for them are different, and there is no set rules as for trading in and pricing them.
 
But as a general rule expect anywhere from $500 to $2000 off on a used car, once again depending on the lot, and $0-$500 on deeply discounted clearance units.

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