Tag Archives: Guess
what does it mean when a car dealership “underwrites cars” for other companies?
Question by durkan187: what does it mean when a car dealership “underwrites cars” for other companies? Best answer: Answer by DramaGuyUnderwriting means taking on financial responsibility so I guess it means that they take on the financing responsibilities. They may be buying the loans or doing it directly. Know better? Leave your own answer in … Continue reading
License Plates are suspended, can i sale the car..?
Question by ~amber~: License Plates are suspended, can i sale the vehicle..? OKay, I got a no insurance coverage ticket, so i lost my license for 3 months and they suspended my plates. 3months later i payed to get my license back (paid off the fines and so on and so on) the only issue … Continue reading
How much does a car dealer make per vehicle sale on average?
I know it’s more on used than new but how much for each? 15% profit on a new car sale and 30% off a used is my guess. The profit margin on new cars has been getting smaller and smaller over the years. The manufactures do not want to raise the MSRP as much as … Continue reading