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What do you feel is a reasonable profit for a dealership to make
Posted on 1/30/17 at 3:42 pm
Posted on 1/30/17 at 3:42 pm
On a used or new vehicle?
This post was edited on 1/31/17 at 8:11 am
16
Posted on 1/30/17 at 3:42 pm to mouton
$6,000
Posted on 1/30/17 at 3:42 pm to mouton
tree fiddy
Posted on 1/30/17 at 3:43 pm to mouton
don't care as long as I think I got a fair deal, went to buy the old lady a car on Saturday and left with two vehicles
Posted on 1/30/17 at 3:43 pm to mouton
Threeve
Posted on 1/30/17 at 3:44 pm to mouton
quote:I'd expect a business to make at least 25% gross profit on an inventory item
Spinoff: What do you feel is a reasonable profit for a dealership to make
Posted on 1/30/17 at 3:44 pm to mouton
quote:
What do you feel is a reasonable profit for a dealership to make
As much as they can. It's not their fault if you don't care enough to be informed as to you buying decision. If you don't talk to several dealerships, you are a fool.
Posted on 1/30/17 at 3:45 pm to TigerDeacon
quote:
As much as they can
Posted on 1/30/17 at 3:46 pm to NYCAuburn
frick that. That's one-off engineered product margins.
For just passing a vehicle through inventory, like 3% is good.
For just passing a vehicle through inventory, like 3% is good.
Posted on 1/30/17 at 3:47 pm to 777Tiger
Lol. I would have got home and have been like "wtf just happened?"
Posted on 1/30/17 at 3:47 pm to mouton
Bout tree fiddy.
Posted on 1/30/17 at 3:47 pm to mouton
$666
Posted on 1/30/17 at 3:48 pm to AUCE05
quote:
I would have got home and have been like "wtf just happened?"
nah, was kind of looking to update for me too, no car note, no worries
Posted on 1/30/17 at 3:48 pm to DownshiftAndFloorIt
quote:
For just passing a vehicle through inventory, like 3% is good.
no business can survive off 3% margins
Posted on 1/30/17 at 3:51 pm to NYCAuburn
Good. We can get rid of the greasy salesmen
Posted on 1/30/17 at 3:51 pm to NYCAuburn
It's why they don't like you to pay in cash.
Posted on 1/30/17 at 3:52 pm to NYCAuburn
quote:
I'd expect a business to make at least 25% gross profit on an inventory item
It really just depends on how expensive it is.
You're probably about half too high for something over 50k...about 12-13%
Posted on 1/30/17 at 3:53 pm to 777Tiger
quote:
went to buy the old lady a car on Saturday and left with two vehicles
"You guys bought a timeshare?
Well, yeah.
Yeah.
How can you all be so gullible?
No, no, no, no. No, this is different, Frank. This is different. Tell him.
This a-hole tried to sell us one week. We took the prick for three."
Posted on 1/30/17 at 3:53 pm to NYCAuburn
Grading contractors will operate at 0% at times.
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