Nope...they make the decision, first based off of Kelly Blue Book, or their own measuring system, and then base it off, of what is being sold in the area. What price are they going for. Then they meet it or beat it.
2006-09-25 20:05:46
·
answer #1
·
answered by Anonymous
·
0⤊
1⤋
I'm not sure what you mean. The price that a dealer pays for a car can be found on the web, or from a few organizations, for a charge. Check out edmunds.com, its a great website. It will tell you how much a car costs a dealer, delivery charges, the real cost of options, and even if there are dealier incentives on a certain model (which lower the effective price of the car to the dealer)
Beyond that, how much a dealership charges is driven by market economics. Everybody wants a Prius, the price goes up. Nobody wants a P.O.S. SUV from an American manufacturer, they offer huge incentives to spur sales.
Supply and demand.
Oh, you're talking used cars. Well, except for dealer costs, all of my ranting still applies. Edmunds will give you a "TMV", which is an estimate of how much particular cars in you area are selling for. They get this data from their tie-in with autotrader.com...
2006-09-26 03:08:50
·
answer #2
·
answered by Jim S 5
·
0⤊
0⤋
the book will take into consideration whether it is a 2 or 4 door. there is an add for low mileage in the book as well as a deduct for high mileage. go to www.blackbookusa.com for a better idea. this is a wholesale book that most dealers use. (used dealers)
2006-09-26 13:56:37
·
answer #3
·
answered by Jeff C 2
·
0⤊
0⤋
Figure about $4k markup on your average used car. When dealers are trying to price, they look at how much money they own the car for (price they paid for it + anything they put into it in the way of tires and reconditioning) and then add 4-5k.
2006-09-26 10:15:45
·
answer #4
·
answered by Manny 6
·
0⤊
0⤋
After years and years of dealing with those foos at the dealerships.. I NOW... join a credit union, get financing and find a used car on Craigslist.com. Reason being is you can get a 2-3 year old car with low miles on craigs if you search. And you can get better interest rates from credit unions :)
2006-09-26 03:13:43
·
answer #5
·
answered by Anonymous
·
0⤊
0⤋
No specifics but they do use NADA book over Kelly Blue Book. That book is more for an estimate and not very accurate.
2006-09-26 03:08:05
·
answer #6
·
answered by Anonymous
·
0⤊
1⤋