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re: Can you "deal" with a used car price?
Posted on 8/23/16 at 1:50 am to Coach Guidry
Posted on 8/23/16 at 1:50 am to Coach Guidry
quote:
Front....-982.00
Back.....330.00 (200.00 from reserve, 130.00 from GAP, sold the warranty at cost)
Hold back...460.01
Compensation to sales person...150.00
No incentive from Manufacturer
Total deal...-342.00
Not including PDI costs to the shop, gassing up the vehicle, and paying detail.
You forgot pack. (if they tell you that they dont have a pack, they are full of shite)
No unit bonuses for hitting your number at the end of the month? No bonus from the finance company? No etch, etc? No doc fees? (you know that you got that 100 :)
And why did this deal end up with those numbers? Bad credit? Bank cut you back? Bank wouldn't give you money in the back?
It has been said several times that some deals don't make a lot of money. I have even seen a legitimate loser when a dealership was trying to hit their new car number. However, it is a unicorn, and nobody in the building intended the deal to finalize with little or no profit.
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