0
There is no set amount, if someone told you that dealers can get 2005 Cadillacs at the auction for $500 they lied. The same vehicle that was sold last week at the auction that sold for $5500 this week it sold for $7500, it just depends on what dealers want what at that time. Most used car dealers mark there vehicles up from$1000- $4000 dollars.
What else can I help you with?
Do used car dealers pay sales tax and license when they buy wholesale?
They are a reseller and do not pay tax when they purchase a car.
Can in house financing car dealers in Louisiana press charges if you done pay off car?
no
Do you have to pay a fee to bid on a car at a government car auction?
The winner of the car does not pay a bid. the person who lists the car at auction pays a percentage of the sale for the right to list at auctions.
Do car dealers charge late fees?
Yes, if you pay your car payment at a car dealers office they will charge a late fee. Anytime a payment is late, the dealer has a tight to charge late fees.
How do car dealers make money on used cars?
They sell them for more than they pay for them.
What is the value of a 1923 ford model t touring car t?
As much as someone is willing to pay! Auctions are your best bet to find out true value of something.
What is a dealer holdback?
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.
If you have full coverage how much will your insurance company pay you for your stolen car?
Most insurance companies will only pay the blue book value of the car at the time that it was stolen. Check the Kelley Blue Book or the National Automobile Dealers Association for approximate values.
Where can one find a list of car dealers offering Buy Here Pay Here financing?
You can find a list of car dealers offering Buy Here Pay Here financing at various websites. A good example would be BuyNPayHere. They have a list which is seperated by state and city.
Car Auctions - a Great Way to Buy a Used Car?
Searching for a car to buy can be a major headache. If you’re looking for a used car, there are several ways you can go about it. You can ask friends and neighbors if they knowing anyone selling a car. You can go through a local dealer and pay an outrageous amount in fees or you can go through a car auction. There are public car auctions, online car auctions and government auctions for cars. They are all great ways to find a good deal on a used car. Government Car Auctions These can produce some really good finds. Here you will find cars that have been retired from duty as a police or government car. You will also find cars, trucks and SUV that have been seized and need to go. The government only has so much room to store these vehicles, so they auction them to the public from time to time. You can go to an actual onsite auction or find them online. Public Car Auctions Usually, police auctions are held locally, but some can be found online. These are often at the state level, if they are government cars, but can also be held by repossession companies as well. Sometimes these are held by car dealers each week at regular times for both new and used vehicles. Many of these places even offer an email list you can sign up for to be kept aware of upcoming events. Online Auctions No need to leave the comfort of your home for this one. You just go to the online car auction site, browse around and make your bid. It’s that easy. No waiting in line. Online auctions are usually more than one dealer with cars to offer, again, both new and used. Bidding takes place online and you can see right away where you are in the process. Buyers can also leave feedback for dealers and transactions. This is very helpful when trying to decide who is a reputable source. So, if you are in the market for a new or used car, consider checking out a car auction as a way to make your purchase.
Will you get a better deal if you pay cash for a used car?
Yes you probably will, most small used car dealers you could also bargain the price.
Do car auctions charge sales tax?
No the auctual auction does not charge tax, they get a fee of the total price, but once a dealer sells that car that dealer has to pay taxes on that vehicle.
