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How much do dealerships pay for new cars?

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Dealers are charged a "holdback" by the manufacturer. If you aren't shown how much it is you can estimate it as 3% of the invoice price minus destination and delivery for domestic cars, 2% for imports. The dealer gets the holdback from the factory after they sell the car. It will be subtracted when you calculate the true cost. read more

Not every dealer cost for a new car is reflected in the invoice. The destination charge to get the vehicle to the dealership usually is broken out separately, as are the tax, title, license and registration fees. read more

Used cars are far more profitable for a dealer than are new cars. For example, there's a $4,000 difference between the trade-in value of a 2010 Toyota Camry XLE — what the dealer would pay you for it — and its dealer retail price — what the dealer would sell it for. read more

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How Much Do Dealers Pay For New Cars | Blog About Car
Source: kbncofee.com