|
Ribsauce posted:I always wondered how the economics of car dealerships work. Every time I go to one it seems like there are 10 salesmen just standing around. Not because they are lazy, just because they always outnumber the customers. all the new cars are there to tell you that this dealership is For Real and to help them pretend that they make their money selling new cars. In reality DEALERSHIPS make most money with repairs (warranty & otherwise) by running good certified garages that do recalls & maintenance. Also selling used cars makes them guaranteed money: check kelly blue book value for anything and there's three prices: dealer trade-in (what credit you'd get selling your used car to a dealer; lowest of the three prices) dealer price (what a dealer would sell this car for; highest of the prices) and personal sale (what you'd buy/sell this car if you listed it in classifieds, which is right smack in the middle). car salesmen seem to make money only if they hustle & lie a lot. finance managers make a lot more as their job is to finagle the bank to provide a loan, massage the buyers credit history so they'll get a loan they often can't afford. financers don't have to get the leads so they don't have to hit the pavement; they just work hard making loan deals which in TYOOL 2015 comes down to knowing the right order to do things in and sometimes personal relationships. 
|
#
¿
Oct 25, 2015 17:28
|
|
|
|
| # ¿ May 16, 2024 15:35 |
|