i.e. if new models are not sold, nor sent to other dealerships, do they go back to the mfg (which I doubt), to auction, or what?
2006-10-13 06:30:49 · 5 answers · asked by John H 1 in Cars & Transportation ➔ Other - Cars & Transportation
...that's why you can get a good deal on last year's model.
2006-10-13 06:38:34 · answer #1 · answered by Clark 3 · 0⤊ 0⤋
They are put on the auction block.
Dealer 5 years.
2006-10-13 06:34:06 · answer #2 · answered by Cal 5 · 0⤊ 0⤋
Most go to car auctions in order to recover some(if any)of the lost profits.
2006-10-13 06:40:38 · answer #3 · answered by S.A.M. Gunner 7212 6 · 0⤊ 0⤋
Those vehicle stay until they're sold. This is rare, but you'll see year old leftovers the next year sometimes. They just knock money off until they sell.
2006-10-13 06:40:35 · answer #4 · answered by chris m 3 · 0⤊ 0⤋
Sometimes they are wholesaled... for instance Carmax is a big wholesale buyer/dealer
2006-10-13 06:47:48 · answer #5 · answered by MedeivelReign 3 · 0⤊ 0⤋