#16
|
||||
|
||||
Quote:
I am pretty trusting when it comes to people telling me stuff, including my bosses. The most profitable car I ever sold was not a $110k out the door car, it was a $13k out the door car. I was told we had about $1500 in the car, meaning a margin of $1500. The couple asking about the car were limited in finances so I went and asked for $1250 off the car. The manager asked the service director to see if "he could help out" with the car and keep the costs down. The service director nodded seriously, I totally bought the act, and I went and sold the car. After the car left another sales guy came over and noted "that was a good car". I agreed - I liked it so much I considered buying it for myself. "No, I mean, that's a good car." "No, I had maybe $250 left in it." "Just check the sheet when it comes out" (the sheet that has original cost, repair costs, and net margin. I think the dealer made like $5k on that $13k car. I was expecting to get maybe $175 (our flat fee), instead I got close to $1000 for various things. On the full margin $110k car I sold I think I made $750 or so. |
#17
|
|||
|
|||
I have have been looking to sale my 99 dodge 2500 4x4 diesel w/ 165,000 miles. Blue book value, $8000ish most actual solds trucks on ebay are over $12000. All listing on Craigslist are in the $12000-$14000 range. Kelly Blue Book is around $4k off actual listing and sold values. The market is the value not a services that doesn't disclose how the value is generated.
__________________
Bouldercyclingcoach.com |
#18
|
|||
|
|||
I've heard that about Edmunds, when I used to do some bankruptcy work I found out that some attorneys use the values from different services, depending on whether they were trying to highball or lowball the value of something.
|
#19
|
||||
|
||||
Car dealers do exactly that.
|
|
|