Subaru

[c1800]

Originally Posted by StaffsS60

Quite amazing how this shortage of components has struck and stealers are able to make as much money (if not more) on used stock. It’s almost like somebody is really going for one last screw on ICE before the new rules land in 2030

“If not more”…..Here in Canada , and I doubt it’s different anywhere. Dealer is lucky to make $2k on a new vehicle sale, and the dealer rebates, sell 50,100,200 a month. Which is not shown when they tell you they’re selling for “dealer invoice price”. Also they’ll try and load you up with options and accessories, such as floor mats, 3Mprotection, extended warranty etc. Extended warranty - sale price say $2500, the dealer gets a thousand. And financing; the dealer gets a cut of the interest charges. It’s a better deal for the buyer to finance, if you can pay it off immediately, than a cash deal.

Dealers make far more on used sales, they lowball trade in values, then mark the used vehicle up to high retail price. Why we see ads “We’re looking for used cars, bring yours in! “

You’ll always get more for your old car, done properly on a private sale, than a trade-in.

But it’s too easy, for many, with heart racing and the glint of a new car in their eyes, than to do a private sale for the old one and then bargain hard for a new vehicle.

As I learned early on, Caveat Emptor.