Q
what do car dealers pay for vehicles
I'm a seasoned industrial engineer with a keen interest in machine learning. Here to share insights on latest industry trends.
Car dealers typically purchase vehicles at the wholesale price. which is often lower than the retail price. This price is determined by the manufacturer and encompasses production expenses. dealer maintenance fees. and additional features. Alternatively. dealers can acquire used cars through auctions or trade-ins. which are typically more affordable than new cars. The exact cost varies based on factors such as condition. make. model. age. mileage. and demand for the car. Ultimately. the dealership's objective is to secure the vehicle at the most advantageous price in order to maximize profits upon sale.
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