Quote:
Originally Posted by DNieves
Dealers make alot in profit profit from new cars by high sales volume and when they charge you labor for accessory installations not to mention when the finance person tries to sell you extended warranties/paint protection/lojack -especially on a hot car and, of course, provided it's a brand people want unlike Kia (hehehehe -couldn't resist!).
Although used cars are more affordable, the're like milk with a limited shelf life but between the miniscule amount they paid for the trade in and the markup there's a lot of wiggle room to negotiate.
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Listen everyone, the genius has spoken. I totally agree with that, I'm surprised salesmen are on this forum saying that they make more money from used cars and then new cars. I guess it depends from dealership to dealership. I would personally think that the general population gets a better deal when it comes to used cars but thats just me. Dealer wanted 26K when I was buying my SLK230 roadster, I took it home for 21.5K +T/T/L.