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re: Is a car purchased from a used car lot lower when paid for by cash rather than financed?
Posted on 5/4/24 at 9:07 pm to tigersbb
Posted on 5/4/24 at 9:07 pm to tigersbb
quote:
So a reasonable cash payment above what they have in the car would likely be accepted? For instance on a car listed at $12,000 for which they have $6,000 invested would likely sell in the $8,000 range for cash?
I’ve been out of the business too long to guess at “acceptable margins” but yeah reasonable offers are reasonable and EOM and especially End of Quarter they’re more reasonable than others. The numbers are either black or red in the push for the last squeeze of juice.
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