Posted by 2 color green on December 22, 2010 at 17:02:34 from (75.100.203.240):
In Reply to: Dealer invoice question posted by bobnikcorson on December 22, 2010 at 16:44:53:
Invoice price is accurate. This is exactly what the dealer has to pay for the car, but there is a thing called holdback. This is money the manufacturer will pay to the dealer. On most new cars today, that amount is 5% of sticker. If car sticker is $30,000.00, the holdback is $1500.00. This is the amount most dealers are shooting. And the dealer doesn't get rich with all of today's overhead.
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