They sit on Dealer lot's ,where do they go when not sold?
2006-09-27 01:29:53 · 7 answers · asked by B K 1 in Cars & Transportation ➔ Other - Cars & Transportation
Dealers sell every car that they have. They have to pay for each and every car on their lot, as soon, if not sooner, than they receive it. Some dealers have a line of credit (known as a floor plan) to finance the vehicles, and have to pay interest on the money until the car is sold.
If a car is "aged', meaning that it has been is stock longer than normal, the dealer will often times but a sales bonus on that car, guaranteeing the person selling the car a minimum commission or a bonus. This will encourage the sales force to show every customer that car.
They may also sell the car for less, and in some cases advertise it as the "special". The dealer is paying interest on the car, so they will reduce the price and even end up with a small loss, to end the continuing costs!
Each dealer makes their own rules concerning what they do with aging vehicles in stock. Everything will sell to the right buyer at the right price!
2006-09-27 02:25:31 · answer #1 · answered by fire4511 7 · 1⤊ 0⤋
Sometimes they get traded off to other dealers, or maybe sold off to a wholesaler. Almost every car will sell eventually.
2006-09-27 01:32:56 · answer #2 · answered by Charlie 3 · 0⤊ 0⤋
Interesting question. They all sell at some stage, but i've seen cars advertised as ex-demos and they're dirt cheap. Auction maybe either?
2006-09-27 01:36:56 · answer #3 · answered by Anonymous · 0⤊ 0⤋
They still get sold there as last years model or they send them to the auction!!
2006-09-28 18:54:27 · answer #4 · answered by SOLUN macedonia 3 · 0⤊ 0⤋
Maybe they go to various state, county, and city governments at a very special price.
2006-09-27 01:39:34 · answer #5 · answered by no nickname 6 · 0⤊ 0⤋
They still get sold as "leftovers"
2006-09-27 01:31:50 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Hertz?
2006-09-27 01:32:53 · answer #7 · answered by Anonymous · 0⤊ 0⤋