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  1. #34
    Hatchet Sushi Master Rooskibar03's Avatar
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    Full disclosure, this is probably riddled with spelling and grammatical errors as I dictated it on my way to work

    CarMax is actually has one of the highest PVR (profit) in used cars in the industry. It’s a combination of the huge infrastructure system that allows them to move cars to places where they will sell for the highest value. The perception of a better deal under the no haggle guys. And the fact that their reconditioning on used cars is a joke, i.e. they don’t do any it’s a combination of the huge infrastructure system that allows them to move cars to places where they will sell for the highest value. The perception of a better deal under the no haggle guys. And the fact that their reconditioning on used cars is a joke, i.e. they don’t do any.

    If you’re looking for a pre-own car, car guru.com is probably one of the best sites for showing you market average pricing and what is and is not a good deal. Depending on how long you’ve been buying cars you might be under the impression that there is thousands upon thousands of dollars in negotiating room on preowned inventory. Generally speaking this is not the case anymore. The site I mentioned above along with the Internet in general has reduced the amount of margin in both new and preowned inventory’s to eight significantly smaller level than most people would think. Even in the last 5 to 7 years I’ve seen the amount of room we have to give on used cars dwindle more and more.

    The reality is is you can no longer price a car with a enough room to offer a giant discount. The way people search for cars online you’ll never even get someone through the door if you price it out of market range. Pricing is high and giving someone the warm and fuzzy feeling of a good deal sounds good, but it doesn’t work if they never came through the door in the first place. The reality is is you can no longer price a car with a Knouff room to offer a giant discount. The way people search for cars online you’ll never even get someone through the door if you price it out of market range. Pricing is high and giving someone the warm and fuzzy feeling of a good deal sounds good, but it doesn’t work if they never came through the door in the first place

    On the dealer side software now shows us who has what car, how long have they had it, how long does it take to sell, and what is the average market price. This has created a race to the bottom on the dealer side to try and show a client that there is the cheapest in a 500 mile area.

    My advice is to take an aggregate of all of the sites available, Kelley blue book, Edmonds, car guru, NADA and then do some leg work.

    No to use cars are the same and a car offered at a high-end dealership generally speaking will be a nicer example than that of one offered at a no-name dealer on used car row. A Porsche or mercedes store has much reputation to loose by selling a crappy car to someone because it’s wxpwcted they offer better product.
    Last edited by Rooskibar03; 06-07-2018 at 08:51.
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