Dealer prices

**IAMVTEC** · 05-02-2007 02:44 AM

Why do dealers charge so high for used cars? I never understood this, and would anybody actually buy those??

**Slow96GSR** · 05-02-2007 02:51 AM

Lol! Well have you ever looked at what they have to do to put a car on the lot? Once the car is theirs they have to clean it, inspect it, fix any issues, make sure it passes emissions, and put it on the lot. Then they have to maintain it while it's on the lot. So when they get it from the owner they put on what it costs to do all that so they can make a PROFIT!!

**Bayani** · 05-02-2007 02:59 AM

Yeah, LOL.
Their main money comes from selling cars on Finance.

**EuroAccord13** · 05-02-2007 04:43 AM

They have to pay the transfer fees, they have to factor in the holding costs of the car in the yard on top of the above-mentioned things...

People buy them because if anything happens to the car, they have someone to go back to..But beware, not all dealer second hand cars are covered by statutory warranty.

**EuroDude** · 05-02-2007 11:30 AM

But still, ive seen old cars worth 4000 selling for 10,000 at used car dealers (there is one specific one in Auburn). Its not surprising that most of the cars have been there for months untouched..

**Slow96GSR** · 05-02-2007 11:45 AM

It's called a classic car. There was a 1971 Hemi Cuda that sold for 250kUSD but was originaly sold for something like 2500USD. If it's been rebuilt and kept nice an older 4k car would sell for 10k easy. More if it's rare. Give more info on this car, like what year, make, and model. That would help us in letting you know what's going on there.

**EuroDude** · 05-02-2007 12:00 PM

But the cars I'm talking about are early-mid 90's workhorse camry's and corrola's with 300,000km.. hardly classic cars

**Slow96GSR** · 05-02-2007 05:12 PM

All I can say then is Carfax or KBB.com and see what it should be at. Maybe there are mods. Maybe they are trying to rip you off. Who knows?!

**nugget666** · 05-02-2007 06:33 PM

I brought my ek from a dealer 13k drive away with 41,000kms on it last year. I thought i got a good deal and i love it

**panda[cRx]** · 06-02-2007 03:46 PM

first of all dealers are there to make money, private sellers are generally just trying to recoup as much money as possible.

used cars from dealerships are also 'generally' in better condition than private sales as the dealer has spent a bit of money touching up paint, rwc, misc repairs.