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A Man of Wealth and Taste
 
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Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
Nothing is selling right now, people come in get a price that is break even and walk....that comes from a friend whose Poker buddy is a car saleman.. and is hurting big time. He works for the Chevy dealership in Claremont CA.

That aside...try Tuesday or Wednesday mid mornining, end of the month rainy days....Car Dealership owners ask how many units have we sold not how much money have we made. On used cars the bottom line is if you can get a car for under low Blue Book...$600 to $800 is the target. I don't care how much you weasle and dodge these guys they're going to make a profit...if U beat the bushes enough after a while you come up with a price that is within a few hundred $ of each other. Then you have to decide who you liked the best.

The best learning experience is to go to a Wholesale Dealers Auction for used cars. You can generally find a Dealer who will buy you a car for a couple of hundred $. You'll find out the car business is just like the cattle business...theres nothing special about them.
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"Some Observer"
Old 09-26-2003, 12:49 PM
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