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SVTPerformance's Chain of Restaurants
Road Side Pub
Used GT500 dealer/ private prices are outrageous
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<blockquote data-quote="Torch10th" data-source="post: 13552963" data-attributes="member: 15703"><p>Yes, absolutely! Dealers are smart and most buyers are not. It's pretty easy to have a good condition, relatively low mile GT500 on a lot and compare it to a new one. The dealer brings the price of the new one with like options which is around or over 60k. Then it's the deal of the century to get the used one in good condition for 38K. The buyer never knows the dealer only paid 28K for it.</p><p></p><p>Especially if this is coming from a dealership that also sells new cars. Remember that most new cars have very low margins. So where does the dealer make it's profits? Used cars.</p><p></p><p>It makes perfect sense to do that. The dealer can't negotiate the price of their new cars. That price is set by the manufacturer. But we the public get to haggle on that cost. To even the playing field, the dealer goes after quality used cars that they can haggle the price down on, then sale much higher, recouping profits from new cars.</p></blockquote><p></p>
[QUOTE="Torch10th, post: 13552963, member: 15703"] Yes, absolutely! Dealers are smart and most buyers are not. It's pretty easy to have a good condition, relatively low mile GT500 on a lot and compare it to a new one. The dealer brings the price of the new one with like options which is around or over 60k. Then it's the deal of the century to get the used one in good condition for 38K. The buyer never knows the dealer only paid 28K for it. Especially if this is coming from a dealership that also sells new cars. Remember that most new cars have very low margins. So where does the dealer make it's profits? Used cars. It makes perfect sense to do that. The dealer can't negotiate the price of their new cars. That price is set by the manufacturer. But we the public get to haggle on that cost. To even the playing field, the dealer goes after quality used cars that they can haggle the price down on, then sale much higher, recouping profits from new cars. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Used GT500 dealer/ private prices are outrageous
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