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Back when car companies were first getting started they did not have the money to produce cars and have them sitting around waiting to be purchased by dealers. The would have the dealers pay up front before the car was built. The price they had them pay for the car was more than the cost and when the dealer sold the car they would send them back the overage or hold back. Although dealers no longer have to pay for a car before it is built they still pay more than the car costs. Just like in the beginning when the car is sold the manufacturer will give the dealer back their held money. This is a way for dealers to keep a steady cash flow as long as they are selling cars even if they sell one or two at true cost.
What else can I help you with?
What are the release dates for The Car Coach - 2011 What Is Holdback?
The Car Coach - 2011 What Is Holdback was released on: USA: 12 November 2012
Definition of a holdback?
A holdback can mean an object that is used to hold something back. It is also a term used in car sales for money that is paid by the car manufacturer to its dealers when they sell one of its cars.
Is the dealer invoice printed out on vehicles real or fake?
The dealer invoice that you see on vehicles is real in the sense in that it is what the factory or manufacturer charges the dealer for the vehicle plus the costs of factory installed options and sometimes it also includes transportation fees and advertising fees. However, it is not the real cost to the dealer as many dealerships are eligible for factory incentives and rebates which lower the cost to them and there is also something called a holdback fund that is used to reduce the real cost to the dealer.
What is holdback inmates?
"Holdback" jail inmates, are inmates that are being held back for state and federal prison systems, as well as other local correctional agencies. Almost all of the "holdback" jail inmates were being delayed due to overcrowding in adult prisons for felony offenders. This answer was provided by my "Corrections in America" an Introduction book, that I use in my Criminal justice class. Written by: ALLEN, LATESSA, PONDER, SIMONSEN
What is the price of a new toyata Camry if you buy it from a car dealership?
For a new Toyota Camry, you can find one between an MSRP of $20,110 and a hybrid for aboout $28,200 depending on the kind of deal your dealer would be willing to give you. You should be looking at a holdback of about $400 to $585.
What exactly is a statutory holdback?
A statutory holdback arises when someone employs a contractor to do some work. A percentage of the agreed contract amount is held back for a period of perhaps 45 days after completion to ensure all parties are satisfied with the work before payment is completed.
What are holdback funds?
Holdback funds are a portion of the total payment in a contract that is withheld by one party until certain conditions are met, such as the completion of work or the resolution of specific issues. This practice is common in construction and real estate transactions, where it serves as a safeguard to ensure that contractors or service providers fulfill their obligations. The holdback amount typically encourages timely project completion and compliance with contractual terms. Once the conditions are satisfied, the funds are released to the appropriate party.
Who is the territory rights - A dealer or distributor?
dealer dealer
What is the card dealer called?
A card dealer. A croupier.
What is the dealer invoice?
dealer invoice is ?
Should a dealer manager be a dealer principal or dealer principle?
The spelling is DEALER PRINCIPAL (a principal here is someone with a proprietary interest).
What is dealer pricing?
Dealer pricing is the cost that a dealer gets an item for. The dealer pricing is less than what a consumer would pay for the item. This allows the dealer to make money on the sale.
