Sell Used Cars Free

Q.Get real new car dealer are not in the used car businesses, that is why one gets a discount on a no trade deal. No new car dealer worth his salt ever buys used cars. A good dealer needs to sell off his trades to free up capital. If a new car dealer does need a certain late used models, he will buy them at his own brands sales, in any event. Where do you learn this goofy stuff anyway?

A.Why do you think new car dealers also have used car lots? If they don't want to sell used cars (there is no reason why they have to), they can just sell the cars to other used car dealers (like used car dealers not owned by a dealership) or wholesale them at auctions. They make money selling used cars. Apparently not all Scion owners are pleased with Toyotas 'Box car.' There are lot of them sitting on used car lots and the used car lots of other brand dealers. We hear that Toyota owners buy Toyotas because they believe they will last longer, thus they keep their cars longer, much like one would 'keep' a refrigerator. When one considers how short a time Scions have been on the market, in the US and how few they sell, it seems odd to see so many on used lots already. Of course I tried to sell the cars we traded, at retail rather than at wholesale. The selling price of a used car, unlike new car, deprecates every month. After sixty days if they did not sell we sold them to the wholesalers. We certainly would not tie up our capitol keeping or buying used cars, when we needed it to pay for the new cars we stocked. Floor plan costs can kill a dealership that must finance a minimum four or five million dollar inventory every month. Besides if one wants to be get into the used car business he would be a fool to spend millions of dollars to buy a new car dealership, just to sell used cars

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