What the F good is this? You have to have a dealer license to join. Dealers already know all the numbers. This does nothing to inform non delaers.
Wow your kinda slow huh?What the F good is this? You have to have a dealer license to join. Dealers already know all the numbers. This does nothing to inform non delaers.
I believe the mark up is around 8%.Wow your kinda slow huh?
Ever think people might want to know what a dealer is making on them when they walk in to buy a new V :thepan:
"Previously Owned'Is that a used car auction for dealers, or new car, or both?
I never said you all could go bid on them, as yes it is only for dealers. I just wanted to give you a picture of what wholesale prices are. Most dealers will charge 6-8% markup as profit. The 4 up for auction range between 130 miles and 5500 miles. I also seemed to have missed 2 that closed last week. One closed at $47,500, the other at $50,200. I would expect these 4 will close somewhere around the 47-48K mark. In 6 monthes these will be in the low 40's based on a 2% per month depreciation
In the current economic climate, with new examples readily available off-the-shelf at dealers, that's not surprising.Is it me or are these cars already depreciating very quickly?
I would.I wouldn't count on the manuals bringing more money at the auction. The reason less are produced is because there is less demand. Most customers want an auto. I'm not saying that an enthusiast wouldn't pay more for a stick but they are the exception to the rule. Dealers want cars they can move quickly.