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How can you find out how much a car dealer paid for a car?
Ask them?
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?
To find out how much the dealer paid for the car, we can use the formula for the final price with markup. The formula is: Final Price = Cost + (Markup Percentage × Cost). Here, the final price is $5,999 and the markup is 20%. Let ( C ) be the cost. Thus, ( 5999 = C + 0.20C = 1.20C ). By rearranging, we find ( C = \frac{5999}{1.20} ), which equals approximately $4,999.17. Therefore, the dealer paid about $4,999.17 for the car.
What would be the mark up of value of A used-car dealer has a vehicle on the lot with a sticker price of 5999. if the dealer markup on used vehicles is 20 how much did the dealer pay for the car?
To find the cost the dealer paid for the car, you can use the formula: Cost = Sticker Price / (1 + Markup Percentage). In this case, the sticker price is $5,999 and the markup percentage is 20% (or 0.20). Therefore, the calculation would be: Cost = $5,999 / (1 + 0.20) = $5,999 / 1.20 = $4,999.92. Thus, the dealer paid approximately $4,999.92 for the car.
Is there a way to find out how much a car dealer got for a trade in?
you paid the dealer to take your car intrade and then the dealer got book for your trade
Can you find out how much a dealer paid for a secondhand car which I purchased?
Nope, unless you have a friend that works there.
If you buy a car and pay for it in full at time of delivery can the dealer change the price the next day and get more money?
If you have something saying you have paid for the car and you have the car and title, he can't come back and ask for more money. If you have no proof that you paid full price, but you did, you may have to let him sue you or you sue him. Talking to a lawyer may help if the dealer doesn't leave you alone.
Can the auto dealer refuse to return deposit of car if they fail to get the car you want?
I tried to purchase a car from dealer A because they offered the best price, but the car was actually in deal B's inventory. Dealer A promised me they would get the car for me so I paid the deposit $4000 to them.Now a week has passed, dealer A told me that they have contacted deal B several times, but dealer B still refused to give the car to them. Furthermore, dealer B found me and offered price match, and said even if I don't buy it from them, they will never send the car to deal A. So in order to get the car I like, I will have to purchase it from dealer B.Since dealer A have failed to fulfill their promise on getting the car, I think the fault is on them. In addition, I paid the deposit in credit card, leaving a way for future dispute.My question is, how to ask dealer A to cancel the purchase and get my deposit back? Any suggestions?
What are ways to negotiate used car prices with a dealer?
Any negotiation with a car dealer to reduce a car price will be hard because they are used to it. The best tactics are to have a maximum price that will be paid and if they want more just walk away. Also take proof such as comparable lower prices from elsewhere to justify asking a lower price than they are offering.
Do brakes get paid by your car insurance or no?
Brakes may or not be paid by your insurance or dealer depending on the company and the warranty in which your car is under. Consult dealer or insurance to verify.
At the end of a car lease you pay a certain amount if you decide to buy the car what is this amount called?
Residual. This is the difference between the price of the car and what you have all ready paid. Let's say the car price was 30,000 and you paid 15,000 with the lease. You still have a 15,000 balance so that is what you will pay to keep the car. If you don't the dealer will resell the car for that and a bit more to make the money out of the car. Take the car for a check up to your mechanic before you turn it in so the dealer can not say you have to pay for repairs. I had a dealer try this and he wanted to add several hundred to the cost of the car above what I owed. The week before I had it in and checked out and that was the only way I could prove the dealer was trying to cheat me.
How to figure out the value of my car?
If you are planning on selling your car you will need to know a good price range. You can find this starting price from the blue book. Its called Kelly Blue Book you can find it online or at your local library or used car dealer.
Bring In Other Price Tags?
To save money when you are buying a new car from a dealer, find similar cars on the internet and bring the prices in with you. Sometimes you can find a good deal on a car in another state. You do not want to drive out and get it, but you do not have to tell the dealer that. Go in and show them the car and then ask them if they will match the price. If they will not, act like you are going to leave to buy the cheaper car. Much of the time, they will reduce their price.
