How Much Wiggle Room Do Car Salesmen Have at Oliver Dwight blog

How Much Wiggle Room Do Car Salesmen Have. I know once cars have sat awhile, the dealers are more willing to lower the price to move the inventory. The better a car retains value (toyota tacomas, for example, depreciate much more slowly than bmw sedans), the less wiggle room you may have on the price of a new one. It depends on the pricing model of the dealership. If you’re looking for the car with the most “wiggle room,” then ask the dealer for the oldest (in terms of number of days that the vehicle has been sitting on the lot waiting to be sold) model that. If you decide you must get at least $9,000 for your car, then consider setting the initial asking price at $9,900. Don’t let these high advertised prices discourage you; The asking price is $4999. This is where they want to start. In the above example, if a salesperson sold the car for $24,500 ($500 under msrp), the dealership makes $2,400 on the sale (they paid toyota. That leaves plenty of wiggle room for you. There’s also more wiggle room on the retail price, as the value of used cars varies by year, condition, location, etc., whereas new cars all have the same msrp.

If you’re looking for the car with the most “wiggle room,” then ask the dealer for the oldest (in terms of number of days that the vehicle has been sitting on the lot waiting to be sold) model that. In the above example, if a salesperson sold the car for $24,500 ($500 under msrp), the dealership makes $2,400 on the sale (they paid toyota. The better a car retains value (toyota tacomas, for example, depreciate much more slowly than bmw sedans), the less wiggle room you may have on the price of a new one. It depends on the pricing model of the dealership. Don’t let these high advertised prices discourage you; The asking price is $4999. That leaves plenty of wiggle room for you. This is where they want to start. I know once cars have sat awhile, the dealers are more willing to lower the price to move the inventory. If you decide you must get at least $9,000 for your car, then consider setting the initial asking price at $9,900.

How Much Do Car Dealers Make on a New Car Sale? Reader's Digest

How Much Wiggle Room Do Car Salesmen Have This is where they want to start. The better a car retains value (toyota tacomas, for example, depreciate much more slowly than bmw sedans), the less wiggle room you may have on the price of a new one. The asking price is $4999. That leaves plenty of wiggle room for you. If you’re looking for the car with the most “wiggle room,” then ask the dealer for the oldest (in terms of number of days that the vehicle has been sitting on the lot waiting to be sold) model that. I know once cars have sat awhile, the dealers are more willing to lower the price to move the inventory. It depends on the pricing model of the dealership. Don’t let these high advertised prices discourage you; In the above example, if a salesperson sold the car for $24,500 ($500 under msrp), the dealership makes $2,400 on the sale (they paid toyota. This is where they want to start. If you decide you must get at least $9,000 for your car, then consider setting the initial asking price at $9,900. There’s also more wiggle room on the retail price, as the value of used cars varies by year, condition, location, etc., whereas new cars all have the same msrp.