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Do dealers make money off of invoice price?

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Old 05-17-2003, 12:20 PM
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Do dealers make money off of invoice price?
Old 05-17-2003, 12:25 PM
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yup
Old 05-17-2003, 12:27 PM
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Default WAY !!

WAY !! - Dealers usually make there profit from the Holdback on each car sold which can be 2-4% and there are always block bonuses for the dealership as a whole for reaching certain sales volumes.

Also, on a typical deal the dealer will make more on a used car than a new one so keep that in mind.

I've found E-bay to be great for shopping.
Old 05-17-2003, 12:31 PM
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IIRC Audi is one of the few brands that has no holdback (or very very little)
Old 05-17-2003, 12:36 PM
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Thanks guys. Would asking 27000 out the door on a car with an invoice of 24100 be possible?
Old 05-17-2003, 12:44 PM
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Default ...and

they'd let you use KY too !!

(Invoice + registration + Their Nusance Fees- tradein) x 1.your state's taxes = OK deal

Keep shopping but just my .02
Old 05-17-2003, 12:48 PM
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you can get a wayyy better deal than that. start a lot lower and bargain it out.
Old 05-17-2003, 12:51 PM
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by out the door, i mean with tax and liscening
Old 05-17-2003, 12:58 PM
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Tax and licensing is a given. Bargain on the price of the car.
Old 05-17-2003, 01:03 PM
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Default yea.. you can still bargain below invoice prices.. go with kbb prices on the car and show the dealer

and from there bargain ever more.. what kind of car is this.. used/new?..


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