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A used car dealer has a vehicle on the lot whose sticker price says 5999. If the dealer markup on used vehicles is 20 how much did the dealer pay for the car?
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A new car has a sticker price of $25750 while the invoice prince paid on it was 21950. What is the percentage markup?
0.173 (17.3%) is the price markup. The formula is (25750-21950)/21950 x 100 = Price % Markup
What is a dealer sticker price?
Usually on a supplemental sticker, the dealer sticker price for a new car is the Monroney sticker price (MSRP) plus the suggested retail price of dealer-installed options, such as additional dealer markup (ADM) or additional dealer profit (ADP), dealer preparation, and undercoating. The "Sticker" Price is the highest "asking" price on a new or used car. Years ago there were no MSRP or Monroni info/pricing on new cars.These stickers are "mandated" by the government now to protect the public. This MSRP Price is also (and more importantly) the amount the lenders (Banks) will loan you. In the old days the Bank would loan $ based on the consumers individual "Credit" rating. Not based on the cars worth. Obvious Problems occurred Sticker price is a slang term and could be anything that is displayed on the car (windshield) in a form of a "sticker" of some kind. 1. It could be MSRP, if the "sticker" is by a Manufacturer. 2. It could be some kind of inflated price, depending on the state and country laws where you reside. 3. And it could be a bone fide sale price, if that is what the dealership wants to do.
What is the markup percent on a diamond for which the markup is 1162 and the selling price is 3962?
3962 -1162 = 2800 which is dealer cost markup % = (3962/2800 - 1) times 100 to get percent = 41.5%
A new car has a sticker price of 24750 while the invoice price paid was 21950. What is the percentage markup?
12.76 apex
Dealer markup on new cars?
ON HONDA ACCORD EX ABOUT $2200... IF YOUR LOOKING AT TOYOTA ITS 11%
A new 2008 Honda Accord has a list price of 25 800 Suppose that the dealer markup on this car is 15 What is the dealer's cost?
Here's how to find out. Take the markup percentage (15, in your example) and move the decimal two places to the left. Then write a 1 to the left of the decimal, so you get 1.15...or 1.38, 1.75 or whatever the markup is. Divide the price by that number, and you have it.
How much money does a used car dealer make?
It depends on his markup, sales volume and business expenses.
What is the dealer markup on cars?
I dont know where you information came from, but I work for a reputable franchise dealer and even our most expensive vehicle $64,000 only has $1950.00 of markup. Dealers need to eat too and $1950.00 split between the sales person, service person (PDI), detailer, lot attendant, title clerk, etc...doesn't go a long ways. And before you say, "those people are on salary, not commission", where do you think there "salary" comes from.
What is the dealer markup on a 2010 Buick LaCrosse?
On a 39k fully loaded CXS, GMS (Supplier price) is around 37,500.
Do larger volume car dealerships sell cars for lower markups than lower volume dealers?
The more units a dealer sells the less markup he can accept and still make a profit. As to if, the dealer sells cars for less markup depends on the dealer. Theoretically they can, but realistically they may not. All depends on the dealer, and the competition in that market area. I would say you should get a better deal at a large dealership, but at least give a smaller dealer a chance at your business. You might be surprised at the price the small dealer will accept. Bottom line is to shop around, and do your research.
What is a markup percent?
a markup percent
Is XML a programming language?
It is programming languages that are referred to in terms of "high level" and "low level".Extensible Markup Language(XML) is a markup language not a programming language, it is a data formatting specification that makes the presentation of data independent of programs (so that data can be passed between programs).For this reason the answer to your question is "neither".
