What percent over manufacturer cost does a dealership make in profit on a sale?
2006-06-29 08:12:19 · 4 answers · asked by Richard D 1 in Cars & Transportation ➔ Car Makes ➔ GMC
Depends on the dealership and how quickly they want to move the cars. They do not have a set profit from the auto maker.
2006-06-29 08:17:03 · answer #1 · answered by Randy 3 · 0⤊ 0⤋
I worked at an Infiniti dealership and I know that they up the cost $1500 just to leave that for a loss....but they are still making a profit from the dealership...plus they get tons of profit on interest...always pay about $3k under sticker...
2006-06-29 15:18:34 · answer #2 · answered by chick 2 · 0⤊ 0⤋
percentages will vary based on location, type of vehicle, competition, time of year, previous sales, volume, etc., etc... it can range from 20% to 100%. and is at the dealers discretion in most instances. they will NOT tell you what their markup is unless you are from another dealer, work for them, or have a really good friend on the inside. i've seen corvettes and other exotic cars get the 100% markup over cost, usually based on rarity or limited edition of the model .
2006-06-29 15:21:29 · answer #3 · answered by pete cochino 3 · 0⤊ 0⤋
On a new vechicle in UK its around 2% depending on what your monthly target was.
2006-06-29 15:31:50 · answer #4 · answered by mick 6 · 0⤊ 0⤋