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SVTPerformance's Chain of Restaurants
The Market
Vehicles For Sale
Shelby GT500 Buy/Sell
Axzd plan pricing on new 2008 gt 500's
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<blockquote data-quote="Chris!" data-source="post: 8030413" data-attributes="member: 20497"><p>Let me Clarify</p><p></p><p>Memo: What the Dealer Actually OWNS the car for</p><p>Invoice: What the Dealers Lowest Price is</p><p>Holdback: Amount in which a dealership should be entitled to sell the car for. </p><p>MSRP: Suggested retail Price</p><p></p><p>Any Rebates that a dealer gives the dealer has to front and the Manufacturer will reimburse at somepoint within 90 days of the sale.</p><p></p><p>Dealers are not in the business of losing money. they have the right to make money as they are in Business to Make money. Paying Invoice for a Car, the Dealer on a GT500 is still making about 1300 (roughly). this is how they keep the lights on, pay thier help, and pay floorplan interest on the car. </p><p></p><p>Floorplan interest: 90% of dealers finance all of their cars, this is called thier floorplan, they have to pay interest monthly on the car, this is posted to each car, the longer the dealer has the car, the more interest they have to pay on it, each month.</p><p></p><p>Some dealers go into Holdback to move units, High sales volume dealers can do this because they make money on the "back end" (finance office, selling warranties, marking up the interest rate and selling choke and croak).</p><p></p><p>If a customer pays a/z/d/x plan the manufacturer will reimburse the dealer up to Invoice on the vehicle.</p><p></p><p>And there you have it, i just gave away what everyone has always wondered.</p><p></p><p>Btw the above only apples to new cars!</p></blockquote><p></p>
[QUOTE="Chris!, post: 8030413, member: 20497"] Let me Clarify Memo: What the Dealer Actually OWNS the car for Invoice: What the Dealers Lowest Price is Holdback: Amount in which a dealership should be entitled to sell the car for. MSRP: Suggested retail Price Any Rebates that a dealer gives the dealer has to front and the Manufacturer will reimburse at somepoint within 90 days of the sale. Dealers are not in the business of losing money. they have the right to make money as they are in Business to Make money. Paying Invoice for a Car, the Dealer on a GT500 is still making about 1300 (roughly). this is how they keep the lights on, pay thier help, and pay floorplan interest on the car. Floorplan interest: 90% of dealers finance all of their cars, this is called thier floorplan, they have to pay interest monthly on the car, this is posted to each car, the longer the dealer has the car, the more interest they have to pay on it, each month. Some dealers go into Holdback to move units, High sales volume dealers can do this because they make money on the "back end" (finance office, selling warranties, marking up the interest rate and selling choke and croak). If a customer pays a/z/d/x plan the manufacturer will reimburse the dealer up to Invoice on the vehicle. And there you have it, i just gave away what everyone has always wondered. Btw the above only apples to new cars! [/QUOTE]
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SVTPerformance's Chain of Restaurants
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Shelby GT500 Buy/Sell
Axzd plan pricing on new 2008 gt 500's
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