dealer mark up : used car
Asked by Elizabeth Jul 23, 2017 at 02:43 PM about the 2014 Toyota Corolla LE Plus
Question type: Shopping & Pricing
I have been pricing cars for 3 months. I have found 2 cars that I am going to
negotiate for. I am really nervous about not getting a good deal. Approximately
how much mark up do dealers get for used cars ?
4 Answers
I would offer about 15% less and go from there. Do research online to see what cars are worth. I am sure there are apps for the Blue Book, Edmund's, Car Gurus etc.
Gosh, Thank you. 15% less is a big difference . I am anxious but excited. I would hire one of you to go with me, if that were possible At 68 years old, it is scary to wheel & deal. Again, thank you
Good luck and watch out for the closer guy who will try to soak you for warranties, undercoating, paint sealants, security systems etc.
If someone would be interested in going with me I’d pay you for your time and knowledge.