Is there a way to find out what a used car dealer paid for a car he is selling??

Answer 1

Well, HE'S certainly not going to tell you, is he, as he is selling it for probably DOUBLE what he paid, so the only way you will know is if you can locate the person who traded it in.

Answer 2

I used to work for a used car dealership. We had a policy that if anyone asked to see the original invoice, we would show it to them. The mark up policy was automatically $4,000 over what we paid for it. then of course we added any costs like dent removal, detailing, windshield repair, etc. Usually, we would not negotiate for anything under $1,000 over the cost. In other words, the profit was always at least $1,000. And at that rate, it is a good deal for both the buyer and seller. If you buy a car that has been traded in, you can be sure, the trader got ripped off. Dealerships make a killing off trade-ins. But if it is a place that sells cars like rentals or demos, ask to see the invoice.

Answer 3

Probably not. I work at a dealership and the best thing for you to do is do your research. Search what a comparable vehicle is selling for on autotrader, cars.com, etc.. You can also look at black book value. Remember that the dealership should be able to make a little profit on what they sale(everyone else does!). So make a reasonable offer and 9 out of 10 times the dealership will take your offer. Glad I could help.

Answer 4

The only way would be to know the person that sold it to the dealer and ask him/her what they got for it. Or you could run the car through kbb.com and pick the option that says what the dealer may give you for this trade (not sure of the exact term).

Answer 5

Ask for the previous owner's name and he/she may tell you.
A lot of cars are bought at auction also. So I doubt if there is a really good way of knowing.

All you can do, is know what the car is worth, retail, wholesale, and private party sale.

Then you can make a good offer and get the car.

Answer 6

no.