Tag Archives: Lucky

Purchased used car for more than their “asking price” do they have to honor the asking price?

Question by tiredofit: Purchased used car for more than their “asking price” do they have to honor the asking price? We bought a used vehicle yesterday, only to come home and check out their website for another reason. We found the listing to the car we just purchased, their asking price was 1500.00 LESS than … 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