Considering new car sales, used car sales, parts & service, and financing, how do you think car dealerships make the lion’s share of their money? If you answered parts & service, you’d be correct. In fact, in some large dealerships, up to 90% of their profits come from parts and service. Understanding this, let us…
Buying a car will likely be a person’s second to largest or largest purchase they will make in their lifetime. Given that fact, one certainly wants to perform due diligence before making this very big an important purchase. Starting at the dealership will most certainly not allow you to do this. Car dealerships have one…
Is the internet price online what you’ll pay for your new car? The short answer to this often-asked question is no. In fact, you will end up writing a check or financing a larger sum of money. Here is why: the internet price displayed on dealers’ websites for new cars serves one purpose, and that…