DIYbanter - View Single Post

Don Y[_3_]

On 9/25/2015 9:50 AM, wrote:
On Fri, 25 Sep 2015 07:05:48 -0700, Don Y
wrote:

On 9/24/2015 6:56 PM, Ed Pawlowski wrote:
On 9/24/2015 6:31 PM, Frank wrote:

I have it on good authority that my Subaru dealer makes more money off
of selling used Subaru's than he does new ones.

I also get new at under invoice.

I've heard that from a couple of local dealers. They like selling used.

The big win for the dealer on "new" is that they are more likely
to CONTINUE to encounter those customers in their service departments!

No, the big win for the new car dealer is the profit they will make on
the trade-in. Generally speaking at least twice the profit they make
on the new car.

There's no guarantee that there *will* be a trade-in. Or, that the trade in
will have any appreciable resale value. (car before last was traded in
needing some significant repairs; a dealer would have had to invest a
fair bit to get it roadworthy, etc.)