Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
When the price offered is absolutely fair considering all the work that needs to be done on the low mileage corvette convertible and I have the mechanic review that it needs at leasthe $3k to $4k and the dealer tells you the owner has way too much in it to accept the reasonable offer, to know what he paid on ebay would be very helpful. Especially if I want to hang in there another 6 or 7 weeks like I have done now.
Any thoughts on that where the dealer paid too much?
The car is worth what the car is worth. If the dealer bought it for $1 or $100,000, makes no difference. If the car is worth $10,000, then the dealer isn't going to sell it for $7,000 because he got a deal on it, and if he has $13,000 in it, the consumer won't pay $14K because the dealer made a bad business decision.
I've seen the used car manager buy a car for $75, sight unseen, that he had to tow into the dealership. He put $200 worth of parts into it (battery and alternator went bad simultaneously) and turn around and sold it for $9,000. But he wasn't going to pay more than $75 for a non running, sight unseen car.
Similarly, they can buy a car at an auction and think they are getting a deal, and put it on the lift to see undisclosed frame damage when they bring it in to change the oil.
Of course, but if you know what was paid, you know either they made a bad purchase and there is no sense trying to get it down and move along. Or they are holding out and if and when the time is right they will call you. Maybe lol
The dealer I was just working with told me that he was taking a $3,000 loss by selling me the vehicle, which is why he could not negotiate AT ALL on any part of the deal. I was looking also to find out what he paid for it. The Carfax says it was obtained at auction. I don't appreciate being lied to.
The dealer I was just working with told me that he was taking a $3,000 loss by selling me the vehicle, which is why he could not negotiate AT ALL on any part of the deal. I was looking also to find out what he paid for it. The Carfax says it was obtained at auction. I don't appreciate being lied to.
Send me the carfax and I might be able to find what they paid at auction for it, but you don't know what they had to do to it once they got it?
So if a carfax states frame/undercarriage damage then the Vehicle should be a lot lower then the average? How much i know Mileage has to be factored in. How many thousands should it be?
So if a carfax states frame/undercarriage damage then the Vehicle should be a lot lower then the average? How much i know Mileage has to be factored in. How many thousands should it be?
Absolutely no way to determine that based upont the info you gave.
The dealer I was just working with told me that he was taking a $3,000 loss by selling me the vehicle, which is why he could not negotiate AT ALL on any part of the deal. I was looking also to find out what he paid for it. The Carfax says it was obtained at auction. I don't appreciate being lied to.
There are differing definitions of taking a $3000 loss. One is He is selling it for $3,000 less than he might be able to get form someone else - thus a $3000 loss. Another could be he bought it for $12,000, and booked it a a $17,000 asset. If he sells it to you for $14,000 he is taking a $3000 loss (on his books).
It is very unlikely he is actually selling it for $3000 less than he has into it, unless his "what he has into it" induces covering overhead, insurance salaries, bonuses etc. The only way he is selling it for $3000 less than he paid is if he discovered something seriously wrong with it after buying it. (Or maybe he is just a stupid dealer who makes bad decisions and will be out of business in a few months - but that is unlikely).
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
