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SVTPerformance's Chain of Restaurants
Road Side Pub
Buying process/dealer holdback money
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<blockquote data-quote="Fuerza" data-source="post: 11871036" data-attributes="member: 19948"><p>Dealers make money in other areas too. The finance manager will make commission on getting a buyer to use dealership financing. They can also make money on selling you extended warranties, GAP and other things like BS wheel and tire packages and roadside assistance packages. The margin for new cars may be small however they get enough suckers to pay MSRP. They rape you on a trade in also, they will make money on the resale of a trade in addition to the new car sale. And anyone who trades in a used car for another used car is a huge win for the dealership. I see nothing wrong with starting new car buying at invoice price.</p></blockquote><p></p>
[QUOTE="Fuerza, post: 11871036, member: 19948"] Dealers make money in other areas too. The finance manager will make commission on getting a buyer to use dealership financing. They can also make money on selling you extended warranties, GAP and other things like BS wheel and tire packages and roadside assistance packages. The margin for new cars may be small however they get enough suckers to pay MSRP. They rape you on a trade in also, they will make money on the resale of a trade in addition to the new car sale. And anyone who trades in a used car for another used car is a huge win for the dealership. I see nothing wrong with starting new car buying at invoice price. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Buying process/dealer holdback money
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