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Old 08-18-2016, 02:00 PM   #22 (permalink)
Magic Bus
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Quote:
Originally Posted by Jimiz06 View Post
Thanks. Makes me wonder how much a dealer actually makes off of a new car? Do they pay invoice for a car? Im sure they get credit for the incentives and rebates. I know they make alot more selling used cars.
A dealers profit margin on a car is not very high as its a large ticket item. However there are different type of hold backs (incentives for dealers), that will make their true costs lower than invoice.

Not always a rule but usually a good thing to know in the back of your mind. A hot, high in demand car will have very little discounts. While the 370Z is an excellent car, it is currently not that. You should look to pay around invoice, however that's still dependent on your negotiating skill.
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