Auto dealers auctions?

Question

how much money do dealers save off retail?

like a typical car caddy dts 2007 18,500 miles?

Answer 1

on a car like that probably $4-5k, could be less but usually high end cars like that tend to have more mark-up.

If your looking to find out what a dealer might have paid for a car you want to buy theres really no good way to tell, i dont know what the market is on the cars like that in your area without ALOT more info, so that number could be off buy as much as a grand.

Also remeber that if a dealer pays say $20k for a car at an auction, they will have to pay a few hundred in auction fees, few hundred in shipping, about a hundred cleaning it and getting it ready to sell, and depending on the size of the dealership thier operating costs per car could be anywhere from $300 to $1000, so if they paid $20k for a car the minimum they would sell it for is at least $21k