re: Used Car Profit Margins?

What you looking for? Email me(under my profile) and Ill see what I can find.

To answer your question, obvious dealers start at retail price, most discount after 20-30 days being on lot then continue to discount until sold (2 of the 4 dealers I have worked for have a 65 day turnover program). But margins vary from cost (amount of $ in vehicle) to $2500-3k above, the days of having $6k plus markup are over (especially since banks finance off trade value, not retail value).