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What IS the Dealer's Profit...............

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its about 7 percent from list price, but as has been said thats off the basic price, before you add all the government rubbish. plus you cant discount factory addons either, they stay the same.

come on though, i know times are tough but would you sell a car, prep it, clean it, do all the paperwork, chase it through all the various stages from factory order to customer ready order for £50 DEALER profit?

if you got 10 percent as a sales guy, thats a £5 commision for selling someone the second biggest purchase they will ever buy. i used to get more selling a pay and go mobile phone!

but back to the OP as had been said you need to buddy upto your dealer and find out what has the best offer on at that time. ive got several people who will buy the car they want the moment skoda do a bit of extra support. the moment i rign them with the good news i know they will be leaving deposits. make sure you keep them on side and any good dealer or sales person will keep you happy!

happy bargin hunting!

To be fair most people buy a car and 3 years later sell it at 50% of what they paid or even less on part ex.

The dealer then sells it for much more...

You win some you lose some.

Current part ex on some cars is about 6k but they are on the forecourt for 10.5k.

To be fair most people buy a car and 3 years later sell it at 50% of what they paid or even less on part ex.

The dealer then sells it for much more...

You win some you lose some.

Current part ex on some cars is about 6k but they are on the forecourt for 10.5k.

but as has been commented on before, by px'ing your car you arent having to constantly clean it, service it, insure it, tax it,suffer monthly write downs on price, etc. plus as we all know now, people expect discount. so if you buy a car at a industry standard trade price and its 6k. you dont then put it up for sale at 7k when the first person who comes to see it has "what cars ideal discount" in their mind.

you put the car up for an amount that means you have haggling space, rightdown space, and prep costs all covered. so 6k for car, goes up for 10.5k. customer comes in and says he'll have the car, fully serviced, taxed, mot'd, cleaned, mats, flaps, and the odd stone chip and mark dealt with but he'll only pay 9k for the car. the dealer can go yes sir thats great, enjoy your new car. and he'll make enough money to pay the bills and be there for when the guy comes back to buy another and the customer has got a deal from the original price.

at least thats how it should work ;)

I dare say no credit is harder to get, theyre just giving to the right people who can actually afford it for once.

Way off topic, so I appologise, but that statement is incorrect, I need to Self Certify as I am self Employed, I have paid my mortgage (and all my other bills for that matter) without any defaulting or late payments.

I can't get a new mortgage at the moment, yet have a perfect payment history, and (touch wood) can afford to pay it :)

Sorry, rant over, back on topic :D

Not a vast amount of profit I would guess, the bonuses that others have mentioned must come into play, but then there are those of us who wish to Part Exchange and the dealer faces having another chunk of metal sitting on the forecourt.

My Cousin drives car transporters for Ford, and he was telling me at the weekend that he is soon going onto a 3 day week and he has not delivered any new cars for a few weeks to dealers, virtually all of his trips are to move used stock between dealers to give the public the "appearance" of cars being sold.

Estate agents can all rot in hell imho along with bankers, but I do worry that the BETTER dealers out there are suffering quite a serious slow down and maybe the factories should wake up and smell the coffee?

The better dealers seem to at least acknowledge the current climate and that they have to be flexible to keep the cars going out the door. After buying a car the other week it seems most arent willing to be flexible at all, those are the ones who will die it seems. In times of hardship people and businesses need to adapt to survive, those that do will have a much better chance.

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