Car Sales Data (2019)

[jut703]

That could be the case here, sadly. But I don't believe it.

I have a couple of experiences in the US, as a companion, not a negotiator/buyer where my work colleague as in the case of the one in CA, and a relative as in the case of the second one in SC, were able to get approximately 20% off the tag price of a brand new vehicle.

And we get to drive them home after issuing personal checks.

Now that works for us customers.

After over an hour of talks and negotiation, make it two... the agent talked to his manager and we closed the deal. I got to drink 4 cups of brewed coffee and munched a couple of bagels... He he he

Dito, cartel... Sayang oras mo...

I can confirm to you that dealers have very little margins on car sales (typically ~5-10% on hot selling models). The statement is true that they make most of their revenues from services, and that the only time they can offer significant discounts is when it is manufacturer-sponsored.

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[papi smith]

5-10%? considering the investment on land and showroom, mukhang mga tipong Marty Byrde lang Ang tataya sa ganito kanipis na margin

[dr. d]

5-10%? considering the investment on land and showroom, mukhang mga tipong Marty Byrde lang Ang tataya sa ganito kanipis na margin

the big part of the casa's income comes not from car sales, but from servicing them cars.

if it takes 3K to have one's car serviced in the casa, it would probably take 1.5K or less, to have that car get the same service, in banawe.

[StockEngine]

I can confirm to you that dealers have very little margins on car sales (typically ~5-10% on hot selling models). The statement is true that they make most of their revenues from services, and that the only time they can offer significant discounts is when it is manufacturer-sponsored.

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cash basis vs cash basis(with discounts) vs in-house payment schemes?

[dr. d]

cash basis vs cash basis(with discounts) vs in-house payment schemes?

in-house installment program is the best... for the house!

[Wh1stl3r]

5-10%? considering the investment on land and showroom, mukhang mga tipong Marty Byrde lang Ang tataya sa ganito kanipis na margin

Malaki naman kasi yung volume kaya maganda rin kita. There are probably rebates too from hitting sales targets.

And there are other ways for them to earn aside from service. Insurance, accessories, "in house" financing, etc.

[Walter]

As with appliances, they earn most from in-house financing ...

[CVT]

I can confirm to you that dealers have very little margins on car sales (typically ~5-10% on hot selling models). The statement is true that they make most of their revenues from services, and that the only time they can offer significant discounts is when it is manufacturer-sponsored.

Sent from my SM-N970F using Tapatalk

Thanks bro

And with that, I am guessing that their ~20% discount on the SRP of outgoing models is manufacturer-sponsored...

But then, the parties still make money...

[babkalakal]

parang iba sistema sa mga dealer sa america. consigned ata sa mga dealer or ni loloan na nila sa banko. di pa nila kailangan bayaran outright? i maybe wrong though.

[papi smith]

Thanks bro

And with that, I am guessing that their ~20% discount on the SRP of outgoing models is manufacturer-sponsored...

But then, the parties still make money...

Meron ba nito ngayon sir? Baka kasama ang CRV dyan hehe

Kung kasama, susugalan na namin yan during this uncertain times...

Ooops, did a little googling, 3 years old pa lang pala ito