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By (user no longer on site)
over a year ago
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Not a car dealer but have bought over 30 cars so get asked to help by friends alot. Some key lessons...1 do homework on the car you want. Ensure you know more all about features and options 2 best times to buy are end of quarter as they need to meet targets. Next quarter is end of Dec. 3 never enter dealership without clear budget. 4 dealers make on average 10 per cent on 2nd hand cars so no point trying to get massive discounts , usually. However, profits are more on new cars as manufacturers give dealers money for each car sold.
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"Need to get a good deal!"
I’m not a salesman but do work in the car sales industry.
There are no bargains or good deals to be had. The industry has a lack of 2nd vehicles being sold for two reasons. New car sales are down so not as many part ex.
Secondly car parts are not readily available as they were so 2nd hand car parts are being sourced. We see many 2nd parts dealers pay upto 6-7k for vehicles just to break for parts, thus again taking 2nd hand vehicles off the road. |
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"Need to get a good deal!
If you can hold of for a month or 2 price coming down..
2 quarter of the year +6% third quarter of the year -18% fourth quarter will be even worse than the third.  "
We aren’t seeing this…
We are seeing prices rise through the trade sales week after week. See previous comments for reasons. |
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